A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

The Iranian Offshore Oil Company (IOOC) has reportedly entered into two agreements to acquire advanced offshore drilling rigs ...

In its August 29 rig count, Baker Hughes showed that North America cut seven rigs week on week. The company’s August 22 rig ...

Oil producers on Monday shut offshore production and pulled workers off platforms in the U.S. Gulf of Mexico as the 27th named storm of the season strengthened into a hurricane and took aim at the U.S ...

You work 12 hours a day, seven days a week, in the middle of the Gulf of Mexico. And every day is a crapshoot at the bottom ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a substantial increase in Nigeria's oil rig count, ...

An exhausted owl that was rescued after landing on a North Sea platform has been released back into the wild. The female ...

A lost owl had to be rescued by helicopter after landing on an oil platform 180 miles out to sea. The short-eared owl was ...

North America's total rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig ...

Transocean Ltd. (NYSE:RIG) is one of the best penny stocks to buy according to hedge funds. In a report released on October 6 ...

Two crew of a Malaysian offshore support vessel died on Tuesday after their ship hit a rig operated by state oil firm Petronas off the state of Sarawak on Borneo island.