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

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 ...

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 ...

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 ...

Royalty-free licenses let you pay once to use copyrighted images and video clips in personal and commercial projects on an ongoing basis without requiring additional payments each time you use that ...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last ...

Italian major Eni has, as expected, elected to retain a deepwater drilling rig in Indonesia where it has multiple operations progressing in parallel. The operator has exercised the first of four ...

The number of rigs drilling for natural gas, however, jumped five rigs to 114 for the week, up 16 rigs or 16% from 98 rigs last year. Texas had 264 rigs at work statewide, down two for the week ...

NAGA 8 is a premium independent-leg cantilever jack-up drilling rig with drilling depth capability of 9,000 m and has a rated operating water depth of 122 m. This latest deal follows a contract by Phu ...