The overall drilling rig count in North America is down 33 units to 696 the week ended Mar. 27, 2026, with drops in oil-directed rigs accounting for much of the decline The overall drilling rig count ...

NEW YORK, March 20 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new ...

March 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first ‌time since mid-January, energy services firm Baker ...

Discover the incredible story behind the construction of the Petronius offshore oil rig, one of the most ambitious projects in the energy industry. This video takes you through the complex process of ...

Even with oil prices climbing, people in West Texas say it doesn’t feel like the start of another boom, at least not yet. By J. David Goodman Photographs by Desiree Rios Reporting from the Texas oil ...

Mach Natural Resources LP, Oklahoma City, will shift a rig from working on natural gas production to oil production in the second half of this year if current prices hold, chief executive officer Tom ...

Amid global conflict and rising energy prices, the once-affluent heartland of Venezuela’s oil industry is placing hope in US investment. No place on earth experiences a higher concentration of ...

Arabian Drilling Company, Saudi Arabia’s largest drilling contractor by fleet size, said it has received notifications for the temporary suspension of some of its offshore rigs as a precautionary ...

President Donald Trump promised to “drill, baby, drill,” but as the war in Iran stretches into its fourth week, he’s having a difficult time persuading U.S. oil and gas producers to expand production.