World oil demand will grow anemically versus abundant supply, according to Platts' Global Editorial Director for Oil Dave Ernsberger. He laid out Platts' bear case for oil prices at the energy ...

PORTLAND, Ore. — A 100,000 pound drill rig tipped over and pinned the heavy equipment operator inside near the Oregon Health and Science University campus in Southwest Portland Friday morning.

Three of the largest drilling rig operators in Texas are making budget cuts and bracing for the worst as a global glut of crude oil and falling demand due to the coronavirus pandemic are expected to ...

Houston drilling rig operator Patterson-UTI is bracing for a 60 percent drop in oil-field activity as it lost nearly a half-billion dollars in a first quarter hammered by the coronavirus epidemic. The ...