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The oil industry’s worst nightmare came true on July 6, 1988. The Piper Alpha oil platform suffered a catastrophic explosion, leaving most workers trapped in an inferno at sea.

Miscellaneous rigs lost a rig and now stands at 5. The latest EIA data showed that weekly U.S. crude oil production dipped slightly, from 13.462 million bpd to 13.460 million bpd.

The details: The U.S. added two oil rigs and 1 natural gas rig in the week ending on Friday, according to Baker Hughes’ rig count, a longtime indicator of production. All of the rigs added were ...

Vietnam is projected to see a sharp rise in demand for oil and gas drilling rigs in 2025, underpinned by the accelerated implementation of a number of large-scale energy projects, including Dai Hung ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday ...

M. Sue Spurgeon-Paris, a former mayor of Pierce, said she worked multiple roles in nearby oil rigs in the 1980s and 1990s. She said the alluring pay could paper over how dangerous the jobs were at ...

Of the rigs working in the US and its waters this week, 483 were drilling for oil, 2 more than last week; 99 were drilling for gas, up 1 from last week; and 5 were unclassified. There were 571 ...

Baker Hughes, a leading energy services company, said that U.S. firms added oil and gas rigs this week for the second consecutive week for the first since February. The number of oil and gas drilling ...

Tom Boggioni is a writer, born, raised and living in San Diego — where he attended San Diego State University. Prior to writing for Raw Story, he wrote for FireDogLake, blogged as TBogg, and ...