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 place ...
Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.
Offshore oil projects are experiencing a resurgence due to higher prices, leading to a boom in the floating rig business. The World Bank predicts a historic oil glut due to factors like rising ...
A winter oil-drilling campaign planned by ConocoPhillips will proceed without interruption despite the dramatic wreck of an ...
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US Oil Drillers Add Rigs Even in Price Uncertainty
The total number of active drilling rigs for oil and gas in the United States rose by 5 this week, according to new data that ...
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