U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...

US drillers pumped a record amount of oil in March, but the final number came in lower than government figures previously ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Natural gas has become a go-to fuel for power plants from coast to coast, sometimes replacing dirtier coal-fired plants and, by extension, improving air quality ...

Oil has been powering the global economy for over a century, and its extraction is a highly complex and challenging process, ...

Built to withstand extreme conditions and house hundreds of people, the size, complexity, and location of oil rigs makes ...

Edmonton, Alberta--(Newsfile Corp. - May 15, 2025) - Bri-Chem Corp. (TSX: BRY) ("Bri-Chem" or "Company"), a leading North American oilfield chemical distribution and blending company, is pleased to ...

The number of Canadian active operating land rigs in Q1 2025 averaged 214, compared to 209 in the same period last year representing an increase of approximately 3% (Source: Baker Hughes). Bri-Chem's ...

The extraction process begins when drilling rigs reach the oil reservoir, tapping into vast underground deposits formed over millions of years. Once accessed, the oil is pumped to the surface ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...

Petrobras received the PA-38 jack-up rig for Guaricema field shallow water ... Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at ...

The total U.S. rig count is made up of 489 oil rigs, 96 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 529 horizontal rigs, 48 ...