The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.

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, ...

U.S. oil major Chevron said it will lay off up to 20% of its global workforce amid efforts to trim $2 billion to $3 billion ...

China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

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