Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...

If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?

Offshore drilling has come a long way since the wharf-based rigs of the late 1800s, giving oil companies an arsenal of options for tapping deep-sea deposits. Skip to content Menu ...

Oil prices have slumped all year, and the industry has been hesitant to get onboard with "drill baby drill." One exec see ...

With a well reaching new depths and fundraising hitting new heights, Fervo Energy's enhanced geothermal system development is ...

The number of total oil and gas drilling rigs in the U.S. gained 7 to 544, rising for the first time in 12 weeks and posting the biggest weekly increase this year, Baker Hughes reported Friday in its ...

The truth is that the number of rigs drilling for oil in the U.S. is steadily climbing. The year-over-year increase in the Baker Hughes North America Rig Count is now about 60%.

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes ...

High oil prices and demand for rigs to replace those damaged or destroyed in storms last year could put the Zeus back to work, he said. The rig had already been out of work for 11 years years when ...