Top-paid oil rig operaters earn more than $89K. June 16, 2010 — -- The oil industry may be a magnet for controversy in the U.S. right now, with crude continuing to gush from BP's ruined deep ...

U.S. oil and gas companies are using automation and outsourcing to reduce their workforce, despite record production levels. The oil and gas industry is not expected to see job growth, and wages are ...

The wildcatter may be an iconic figure in state history, but many Texans today would not go to work on an oil rig — even for double their current pay. That’s according to a new survey from TradeSafe, ...

HOUSTON, Sept 8 (Reuters) - The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

North America dropped five rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 30. The U.S. dropped three rigs week on week and Canada cut ...