Oil drove the gain in Canada, with 120 rigs drilling for oil, 8 more than last week. In the US, 9 additional gas-directed ...

Drilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm ...

The total number of active drilling rigs in the United States increased this week, driven by a rise in gas rigs, even as oil rig counts and crude production dipped.

The overall US drilling rig count gained 3 units the week ended Aug. 26 to reach a total of 765 rigs working, according to data from Baker Hughes. Four of the units gained target oil, bringing the ...

Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has received a contract worth $733 million from Adnoc Offshore for three island drilling rigs to support ...

I suggest to wait for RIG (12 and accumulate) because I believe it is still too high and should correct more in 2017 unless oil jumps above 60/65. The offshore drilling market is flirting with the ...

National oil and gas company Petronas has exercised a 180-day option for Transocean’s ultra-deepwater semi-submersible rig Deepwater Nautilus to drill off its native Malaysia.

Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation across the U.S. economy ...