Portland’s marine commercial shipbuilding industry is getting a boost thanks in part to construction of the “Pride Portland” and the “Pride Rio de Janeiro,” two huge oil rigs built by crews working ...

Did you know that after the completion of the construction of one of the tallest buildings in the world - the Empire State ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

HOUSTON, Aug. 9-- Rowan Cos. Inc. said it will expand its Tarzan-class rig construction program with the addition of three jack ups, bringing to four the number that will ultimately be built. The ...

SINGAPORE (Reuters) - Singapore's KS Energy Services aims to expand by adding two rigs a year to its fleet of onshore and offshore oil drilling rigs and may take stakes in assets or firms in a booming ...

In a bid to stabilize struggling crude-oil refineries, state lawmakers on Saturday passed a last-minute bill that would allow the construction of 2,000 new oil wells annually in the San Joaquin Valley ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 537, ...

The overall drilling rig count in North America is down 7 units to 717 the week ended Aug. 1, with drops in oil-directed rigs accounting for much of the decline. The overall drilling rig count in ...