With a well reaching new depths and fundraising hitting new heights, Fervo Energy's enhanced geothermal system development is on a hot streak.

The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...

Norwegian labour unions have agreed to a wage deal, averting a strike at floating offshore oil and gas drilling rigs that ...

The number of total oil and gas drilling rigs in the U.S. lost 1 to 554, again reaching their lowest total since November 2021 and falling for the eighth straight week, Baker Hughes reported Friday in ...

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil ...

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

There comes a time in the economic cycle when investors need to dig deeper into fundamentals and stay true to the market’s ...

A close-up of a drilling rig with its silhouette against a sunset sky. The analyst highlighted a shift in preference towards offshore projects compared to North American markets. Despite the ...

The US drilling rig count decreased by 7 units during the week ended Apr. 11 to reach a total of 583 rotary rigs working, Baker Hughes Inc. reported. That compares with 617 rigs working in the ...

The US drilling rig count dropped 1 unit to reach 592 rigs working for the week, according to Baker Hughes data. The US drilling rig count dropped 1 unit to reach 592 rigs working for the week ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.