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

This summer Goliat, which belongs to the Italian oil company Eni Norge and to Norway’s own Statoil, will be towed 53 miles (85 kilometers) northwest to its permanent mooring, near where the ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its ...

Associated gases put oil rigs in a real lose-lose scenario: burning the gas is an environmental hazard of its own, but the alternative — venting the gas directly into the atmosphere — is just ...

The oil and gas rig count, an early indicator of future output, fell by four to 559 in the week to June 6, the lowest since November 2021. Oil rigs fell by nine to 442 this week, while gas rigs ...

The oil and gas rig count, an early indicator of future output, fell by four to 559 in the week to June 6, the lowest since November 2021. Oil rigs fell by nine to 442 this week, while gas rigs ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September 2023, energy services firm Baker Hughes said in ...

As the sun sets on the oil industry, we explore the far-reaching impacts of shutting down rigs. What does this mean for the ...

Global rig count hits 20-year low, signaling tighter oil supply and possible price surge. Stocks like Diamondback, Coterra, EOG and Occidental poised to benefit from efficient, low-cost production ...

The number of total oil and gas drilling rigs in the US dropped by 7 to 547, falling for the ninth consecutive week and hitting their lowest level since October 2021, Baker Hughes reported.

Rigs in the Eagle Ford are 11 below where they were this time last year. At 11:55 p.m. ET, the WTI benchmark was trading up $1.18 per barrel (+1.86%) on the day at $64.55, up more than $4 per ...

U.S. oil and gas producer Coterra Energy will hold its rig count steady at nine in the Permian Basin, CEO Tom Jorden said Tuesday, reversing earlier plans to scale back activity as the company grows ...