U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total ...

- Oil prices rise on Fed rate cut expectations but weighed down by trade tensions and strong dollar ...

A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...

CELINA - In addition to once being known as the largest man-made lake on the planet, Grand Lake introduced to the world ...

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks. The combined effect of Donald ...

US oil prices tanked more than 7.5% on Thursday. President Donald Trump's tariffs are battering energy markets as recession fears climb. A surprise decision by OPEC+ to boost oil output ...

Oil prices were already trading some 4% lower prior to the meeting, as investors reacted to Trump's tariffs with concerns that they would escalate a global trade war, curtailing economic growth ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...