The number of active rigs targeting oil in the kingdom dropped to its lowest in more than two decades in July, according to Baker Hughes data. Image by champc via iStock The number of active oil rigs ...

Despite holding the world’s largest proven oil reserves, Venezuela’s oil industry collapsed after expropriations, ...

The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in a Friday report. The total number of ...

In October 2007, a massive storm with 70-knot winds slammed into a Mexican oil platform in the Gulf of Mexico. The jack-up rig collided with a nearby wellhead, rupturing valves and releasing a deadly ...

HOUSTON, Aug 5 (Reuters) - The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world's top producer could ...

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 ...

The number of drilling rigs working in the US and Canada fell by 13 the week ended Dec. 19, according to Baker Hughes. In the US, 542 rigs were working, down 6 units from a week ago. The count is 47 ...

The number of active oil rigs in Saudi Arabia fell after several oil-field projects aimed at maintaining production capacity were completed, said Aramco Chief Executive Officer Amin Nasser. Another ...