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

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

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 ...

Baker Hughes (BKR) reports that the U.S. rig count is down 2 from last week to 576 with oil rigs down 1 to 473, gas rigs down 1 to 100 and miscellaneous rigs unchanged at 3. The U.S. Rig Count is ...

- In total, companies' combined net profits drop from approximately $259.2 billion in 2023 to $217.65 billion last year ...

- Escalating US and Yemen clashes and Red Sea hostilities threaten oil supplies, while China's focus on domestic demand boosts expectations of higher consumption ...

Supervis.or Holly Mitchell cited multiple studies and reports suggesting both short- and long-term health hazards for people ...

For the week ended May 16, the rig count in Canada stood at 121, according to Baker Hughes data. There were 6 additional oil-directed rigs working in Canada last week and 1 additional gas-directed ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on ...

HOUSTON, May 16 (Reuters) - Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move that is likely to impact output in the third ...