The price of crude oil is steadily declining, leading to the abandonment of oil rigs in Scotland and other countries. Massive ...

The price of crude oil is steadily declining and in Scotland as in many other countries, this means the abandonment of oil rigs. To disassemble the machines is not just costly, it also might prove to ...

What happens after an oil rig dies? Even as the Deepwater Horizon disaster continues unresolved in the Gulf of Mexico, California and other states are debating what to do when the intended work of the ...

Oil rig counts are an unreliable indicator of presidential success in the oil industry, as they are influenced by various factors like oil prices, technological advancements, and global events.

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

Kailem Donovan, 37, from Middlesborough, England, works on oil rigs in the North and Baltic seas. Donovan works 12-hour shifts but gets three weeks of holiday every three weeks working on the rig. He ...