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, ...

So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.” ...

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