Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since ...

The number of total oil and gas drilling rigs in the US dropped by 7 to 547, falling for the ninth consecutive week and hitting their lowest level since October 2021, Baker Hughes reported.

As the sun sets on the oil industry, we explore the far-reaching impacts of shutting down rigs. What does this mean for the ...

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Every day, roughly one-fifth of the world’s oil supply squeezes through a narrow waterway on Iran’s southern border. It is one of the energy industry’s most important trading routes — and ...

Striking Nigerian workers will release hundreds of hostages - including 35 Britons - they have been holding for weeks aboard oil rigs off the west African nation's shore.

Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the ...

Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the ...