The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. It was the ...

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

ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...

Rig operators, the companies who own and operate oil rigs, face a maze of employment law whether their operations are onshore or offshore, big or small. The equal employment guarantees of federal ...

The 44 producers listed will help the 27-member bloc reach 50 million metric tons of capacity for annual CO2 injection into ...

The top oil and gas exploration technologies include AI-driven seismic interpretation, full waveform inversion, 3-D seismic imaging and machine learning ...

Lottery mining is cheap and fun, but don’t count on hitting a block. Solo ASIC mining gives you complete control, but it’s a long-odds game. Pool mining is the most practical way to earn ...

Friday May 30, 2025 - OKEA made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the eastern flank of the already producing Brage field.