The total number of active oil and gas drilling rigs in the United States decreased by 2 to 537 this week, marking a continued slump. US crude oil production dipped for the second consecutive week, ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

The words ‘drill, baby, drill’ were writ large across Donald Trump’s 2024 presidential campaign, and the three words have since summarised the US President’s oil and gas policy. The US’ oil reserves ...

An increasingly hot-button issue, oil rigs have become the physical embodiment of larger economic and environmental debates, garnering praise from conservative politicians and the ire of environmental ...

HOUSTON, Sept 8 (Reuters) - The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could ...

Traders work in the crude oil and natural gas options pit of the New York Mercantile Exchange years ago. An oilfield operator who owns small stripper wells in Oklahoma is nervous. A long-time ...

North America added six rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on November 7. The total U.S. rig count increased by two week on week ...

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US ...