Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...

New 25% tariffs on Canadian and Mexican oil imports may increase U.S. gasoline prices by up to 70 cents per gallon.

The US oil and gas rig count, a precursor to future production levels, has fallen to its lowest point since December 2021.

During his campaign and since taking office, President Donald Trump often repeated his desire to bring back the same “drill, ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

Q4 2024 Earnings Call Transcript January 30, 2025 Murphy Oil Corporation misses on earnings expectations. Reported EPS is ...

Therefore, aggressive drilling strategies will not be heavily incentivized in boardrooms this year for most U.S. producers. Hydraulic fracturing in shale ... of oil for every rig that drills ...

Apart from processed and refined shale gas, raw shale oil is also used as raw fuel ... growth of the shale gas processing equipment market. Technological advancements in hydraulic fracturing and ...

In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure.