oil rigs

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. increased by two this week to 1,748. The Houston-based company said in its weekly report that 1,354 rigs were exploring for oil and 389 for gas...

Reports are surfacing of an oil rig explosion in the Gulf of Mexico, and the United States Coast Guard has confirmed an offshore platform is on fire.

HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the U.S. is unchanged this week, holding at 1,979. Houston-based oilfield services company Baker Hughes Inc. reported Thursday that 1,329 rigs were exploring for oil and 647 for natural gas...