The company plans to run a dedicated drilling rig on the $390-million asset, incorporating it into its 2025 plans. In February, the company said it expects to deploy up to $1 billion in US oil and gas ...

Shell late last year revealed plans to spud the Araku Deep-1 prospect on Block 65 in the under-explored Demerara Plateau area. In a brief statement, Stena Drilling said Shell would use the Stena ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig dip in the prior week.

Around 1,700 people will remain working for a scaled-down Northvolt in Sweden, according to the company’s bankruptcy trustee Mikael Kubu. In a press statement, Monday, Mikael Kubu said it’s ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Elon Musk gave out $1 million checks on Sunday to ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig gain in the prior week.

Baker Hughes (BKR) reports the U.S. rig count is down 1 from last week to 592, with oil rigs down 2 to 484, gas rigs up 1 to 103 and miscellaneous rigs unchanged at 5. The U.S. rig count is down ...

The Baker Hughes' U.S. rotary drilling rig count was 593 on March 21, up by one from the previous week, down by 31 from 624 a year ago and up by one from two weeks ago.

The crash, between a Metrolink train and the big rig, was reported around 7:15 p.m. at Fifth Street and Rice Avenue, according to initial reports. Battalion Chief John Ceceña, with the Oxnard ...

global rig demand has fallen 2% year-to-date, standing at 523 units with an 86% utilsation rate. Jack-up demand has declined by 3%, while floater demand has seen a more moderate 1% drop.

YOUNGSVILLE, N.C. (WNCN) — Part of U.S. 1 in Franklin County was closed for hours Tuesday after a tractor-trailer flipped in a crash with an SUV, witnesses and officials said. The incident was ...

Baker Hughes reported last Friday that active US oil rigs in the week ending March 21 fell -1 rig to 486 rigs, mildly above the 3-year low of 472 rigs posted on January 24. The number of US oil ...