Two drilling rig systems worth more than 25 bln rubles ($354 mln) were hauled away from the Odessa gas field (located 150 kilometers off the Crimean coast) to the Russian territorial maritime belt ...

Twelve people manned the drilling rigs and five of them have been rescued by now, with three of them wounded. The search for the others continues," Aksyonov said. The Russian Defense Ministry is ...

As U.S. President Donald Trump declared an energy emergency in the United States and signed a sweeping executive order to expand oil and gas drilling, VOA’s Russian Service spoke to experts who ...

The market is more influenced by the Administration’s policies overseas, such as sanctions on Russian oil ... Transocean Ltd. (NYSE:RIG) is an offshore contract drilling company that provides ...