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

U.S. crude oil futures plunged to nearly four-year lows in a second day of heavy selling after China retaliated against President Trump's tariffs with its own duties on U.S. goods.

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The number of oil rigs in the US increased by five during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil rose to 489, while gas lost ...

Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive ...

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 in its latest report.

With 180 rigs running, the count was 11 more than the 169 units drilling during the same period in 2024. The number of oil-directed rigs in Canada fell by 21, dropping the count to 118 rigs for ...

March 21 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely ...

SHREVEPORT, La.—Sabine Oil & Gas plans to add a fourth rig on its East Texas leasehold next month. Sabine aims to keep the fourth rig deployed “hopefully for the rest of the year,” if the company is ...

The total U.S. rig count is made up of 487 oil rigs, 100 gas rigs, and five miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 530 horizontal rigs ...

Related: U.S. Rig Count Stalls as Oil Prices Keep Drillers in Check While drawing up these plans for utilizing natural gas, Guyana is boosting its crude oil production and shipments. Last year ...