U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

Despite US President Trump's efforts to boost U.S. oil production, the industry faces potential output cuts and job losses.

A new Texas bill limiting oilfield inactivity could ease environmental harms and taxpayer burdens from orphan oil and gas ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on ...

Here, the ferries that shuttle workers to oil rigs in the nearby Gulf of Mexico periodically halt service due to nonpayment. The Hotel Llirre, which exclusively houses oil workers, sits mostly empty.

On any other day, David Rodriguez’s truck would have been helping extract oil, and as he sucked ... decline in both the number of rigs and rig workers. “We drilled ourselves out of a job ...

On any other day, David Rodriguez’s truck would have been helping extract oil, and as he sucked mud from a well beneath a towering drilling rig, any passersby might have assumed he was doing just that ...

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March 21 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely ...

Militant youths in Nigeria have freed a group of 99 hostages they seized from a Shell oil rig off the West African nation's coast. Armed youths took control of the offshore facility Thursday night ...

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