The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

The number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...

The European Union is scrambling to cut taxes on American cars in a bid to avert a trade war with Donald Trump.

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since ...

A paleontologist journeys through Indonesia’s Riau Archipelago in search of our earliest ancestors, and uncovers how ...

Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Believe it or not, Canada has a “nuclear option” of its own. U.S. financial markets were relieved the week following President Trump’s inauguration, with stocks rising and global crude oil benchmarks ...

As Middle Eastern oil and gas leaders embrace cutting-edge digital solutions, they are transforming operations, enhancing ...

Some content could not load. Check your internet connection or browser settings. After US oil production hit a record high last year, the Energy Information Administration expects output will grow ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its ...

However, in doing so, Trump may be brushing aside US oil producers, the firm said. Though non-OPEC production takes up ... new wells in key oil-producing regions in the US between $60-70pb ...