U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time ...

Market Talks coverage of Commodities from Friday. 1544 ET - Gold futures finished May lower, with the front-month contract shedding 0.5% in that time and falling to $3,288.90 per troy ounce. This ...

Natural gas has become a go-to fuel for power plants from coast to coast, sometimes replacing dirtier coal-fired plants and, ...

The Petronius, located 130 miles off the coast of New Orleans would be the fourth tallest building in the world at 2,001 feet. Decommissioning an oil rig presents logistical, financial ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

The oil and gas rig count, an early indicator of future output, fell by two to 590 in the week to April 4. Baker Hughes said this week's decline put the total rig count down 30 rigs, or 5% below ...

The total U.S. rig count is made up of 479 oil rigs, 98 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 519 horizontal rigs, 50 ...

But the oil wasn’t coming from a leak or some other failure of the rig. Milton Love ... Imagine the Empire State Building extending up from the ocean floor, blossoming with mussels and scallops ...

Working on an oil rig has always been my dream job. It sounded like an adventure. When I left school at 16, I decided to get a job in construction. I worked on building sites and in power stations ...

Australia has two main offshore oil and gas producing ... Some also accept materials from oil and gas fields further afield. Scottish oil and gas rigs, for example, were controversially ...

The answer is Goliat, a mammoth, beer-glass-shaped, floating oil platform that’s set to become the northernmost in the world. Last week the 65,000-ton rig arrived for commissioning near the ...