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 ...

The partnership would follow a gain-sharing model based on recovery and production improvements, with the partner holding ...

The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased. Despite the fall in active ...

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 ...