U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...

The number of oil rigs in the US rose by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil advanced to 481 rigs from 480 last ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

The US oil and gas rig count, a precursor to future production levels, has fallen to its lowest point since December 2021. According to Baker Hughes, the rig count decreased by four to 576 in the week ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

I wonder how they would react if they found out that oil rigs being built in the seas are much taller structures than most modern skyscrapers?.. The largest of them reaches a height of 2001 feet ...

However, an even bigger factor is likely to override oil companies’ attempts to rapidly ramp up U.S. oil output: falling profits. Two years ago, the Biden administration urged U.S. companies to ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.