Five Mexican oil workers were robbed and beaten by gun-toting “pirates” on a rig Feb. 14 in the Bay of Campeche, the ...

U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

An oil rig in the Gulf of Mexico that caught fire after an explosion on Tuesday night has now sunk, the US Coast Guard has said. A search is continuing for 11 missing workers after the blast at ...