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 ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Transocean (RIG), a provider of offshore drilling services for oil and gas wells, looks to leverage its fleet, which is ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count ...

For the week ended Jan. 31, the rig count in Canada stood at 258, according to Baker Hughes data. There were 12 additional oil-directed rigs working in Canada and 1 additional gas-directed rig ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

PITTSBURGH, Jan. 24, 2025 /PRNewswire/ -- "I wanted to create a glove accessory to assist when performing oil changes on a tractor or vehicle engine," said an inventor, from Yellowtail, Mont., "so I ...

PITTSBURGH, Jan. 24, 2025 /PRNewswire/ -- "I wanted to create a glove accessory to assist when performing oil changes on a tractor or vehicle engine," said an inventor, from Yellowtail ...