The golden era of excess is over. For oil drillers, the game is no longer about volume; it’s about surviving in a world where ...

North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.

The oil and gas rig count fell by seven to 547 in the week to June 27. Baker Hughes said oil rigs fell by six to 432 this week, also their lowest since October 2021, while gas rigs decreased by two to ...

U.S. oil and gas drilling rigs hit their lowest count since 2021, with declines in major basins and continued monthly drops.

Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the fourth consecutive month to the lowest level since October 2021. The number ...

The total North America rig count remained unchanged week on week, according to Baker Hughes' latest North America rotary rig count.

Two Cosco units have gained approvals for their planned floating liquefied natural gas and storage unit from Norwegian classification house DNV. Shipping (Qidong) Offshore and Cosco Shipping ...

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

The U.S. Geological Survey raised its estimate this week for how much oil and gas lies underneath public lands if every possible drop were squeezed from the ground.