US President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most US coastal waters as he made sweeping moves his first hours in office to unleash American ...
According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...
Oil rigs, also known as drilling rigs, are structures designed for drilling wells into the earth to extract oil and natural gas. They can be located on land or in the ocean and are equipped with ...