Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

North America dropped 64 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on December 23. The total U.S. rig count rose by three week on week ...

5 days Venezuela’s Oil in Floating Storage Soars to 29 Million Barrels 5 days Venezuela Fuel Oil Flows to U.S. Pushes Asian Premium to 8-Month High Julianne Geiger is a veteran editor, writer and ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, ...

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, ...

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