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 ...

In its previous rig count, which was released on November 15, Baker Hughes revealed that North America dropped eight rigs ...

State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.

ONGC currently has 113 drilling rigs, including 38 offshore rigs with more being added. It also has about 90 workover rigs. The company owns about a fifth of the drilling rigs it currently uses ...

New Mexico's oil and gas industry is holding strong. It's difficult to predict the booms and busts of the oil and gas industry, but academic expert Jim Peach points to rig counts as a measure to judge ...

Nov 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since early October, energy services firm Baker ...

NEW DELHI (Reuters) – State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday. The company has already ...

After hours: November 29 at 4:57 PM EST ...

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