Total U.S. rig count remained at 551, with oil rigs down three and gas rigs up three. U.S. crude production rose to 13.713 million bpd, nearing an all-time high. Permian rig activity declined again ...

The total number of active drilling rigs for oil and gas in the United States rose by 5 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US ...

North America added three rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on January 30. The total U.S. rig count rose by two week on week and ...

1528 ET – Crude oil futures settle the day slightly higher, but still finish the week losing ground. For the week, crude oil fell 1% to $62.89 a barrel. This afternoon’s Rig Count Report from Baker ...

Decades of offshore oil drilling left behind massive steel structures no one wanted to deal with. When environmental risks, safety concerns, and legal pressure finally converged, governments and ...

HOUSTON, Feb 13 (Reuters) - Oil prices settled marginally higher on Friday after data showed an overall slowdown in U.S. inflation, helping offset supply concerns as OPEC+ is leaning towards a ...

Feb 9 (Reuters) - Oilfield services firm Transocean said on Monday it would acquire peer Valaris (VAL.N), opens new tab in an all-stock deal valued at $5.8 billion, expanding its exposure across ...

Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video explores the technological innovations and challenges faced during deep-sea oil ...

Feb 17 : Tripadvisor said on Tuesday its board and management held multiple discussions with activist investor Starboard Value, which owns about 9 per cent of the company and has accused it of failing ...

Feb 18 : Western Digital is planning to raise $3.17 billion by selling a part of its stake in flash memory unit Sandisk, which it used to own, as the hard disk drive maker looks to reduce debt. The ...