The total number of active drilling rigs for oil and gas in the United States fell sharply this week, according to new data ...

PORT FOURCHON, La. -- The Coast Guard is saying that an oil platform that suffered a massive explosion two days ago has sunk in the Gulf of Mexico. Eleven workers are still missing. In the meantime, a ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

NEW ORLEANS (AP) — Officials are saying that an explosion on an oil rig off the coast of Louisiana has the potential to be a major spill. The Coast Guard is still searching for the 11 workers missing ...

'It's at the bottom of the sea.' Rescue crews, try to save the sinking P-36 oil rig on Monday about 80 miles off the coast of Macae, Brazil. The Brazilian Petrobras oil company said the rig sank in ...

Total rig count down one to 539 Oil rigs up one to 411, gas off one to 123, misc down one to five Rig count falls in Texas, Permian, and Eagle Ford regions Aug 8 (Reuters) - U.S. energy firms this ...

RIO DE JANEIRO, Brazil (AP) The world s biggest floating oil rig sank in the South Atlantic on Tuesday, and the state oil company Petrobras said some of the 300,000 gallons of diesel fuel on board had ...

An oil rig billed as the world's largest sank today in the South Atlantic, and state oil company Petrobras raced to prevent 400,000 gallons of crude and diesel fuel still aboard from spilling into the ...

Egypt’s top oil and gas official held a meeting on Tuesday with Ades Drilling, the Saudi Arabian owner of a jack-up barge that capsized in the Gulf of Suez last week with fatal consequences, to review ...