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A fire ripped through an oil rig with 176 workers on board in Brazil. The flames broke out on the PCH-1 oil platform in the ...

On April 20, 2010, an explosion and fire on the Deepwater Horizon BP oil rig off the Louisiana coast in the Gulf of Mexico ...

The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide, according to new data that Baker Hughes published on Thursday ...

- Fresh sanctions on Iran, trade tensions, and Fed rate cut forecasts push oil prices higher ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Thursday. The oil and ...

Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons ...

Until recently, oil traders complained that it was almost impossible to wring profits out of a listless and rangebound crude ...

Since our last report oil prices have been edging higher yet their rise may be characterised as timid. On a fundamental level, we intend to have a look at the state of the US oil market, the ...