The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data ...

The US drilling rig count decreased 3 units to reach 563 rigs working for the week ended May 30, according to Baker Hughes data. The count is down 37 units from the 600 rigs working this time a 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 ...

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

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.

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

US oil and gas rig counts hit their lowest since 2021 as drilling activity slows due to lower prices and market uncertainty.

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 ...

Oil has been powering the global economy for over a century, and its extraction is a highly complex and challenging process, especially when done offshore. The history of offshore drilling began in ...

OKEA made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the ...

Researchers in the U.S. have come up with a new method that could potentially predict underwater landslides before they ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...