The number of active rigs drilling for oil and gas in the U.S. rose for the second week in a row, adding 2 to 587, according to new data published by Baker Hughes.

SLB narrowly missed Q1 adjusted earnings estimates and warned a slowing economy and tariff policies could hurt demand for the ...

The oil and gas sector faces a pivotal moment in 2025 as it deals with complex dynamics from global tensions, evolving policy ...

The DOI has expanded the allowable pressure differential for single-wellbore oil production from multiple reservoirs in the ...

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep ...

Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the ...

The BP Deepwater Horizon spill forced massive job losses and damage to ecosystems and wildlife and nearly put a Gulf boat ...

The Jack-Up Rig is developing and expanding at a significant pace. The Jack-up Rig is fundamentally a mobile platform that is utilized as exploratory drilling platform & offshore platform which ...