Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...

President Donald Trump wants to double the amount of oil coursing through Alaska's vast pipeline system and build a massive ...

The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman to implement production increase of 411,000 barrels per day, which includes three monthly increments ...

SLB (NYSE:SLB) said Thursday that ADNOC Drilling agreed to acquire a 70% stake in its land drilling rigs business in Kuwait and Oman for as much as $112M, creating a joint venture the companies ...

The North America oilfield casing spools market is poised for growth, driven by expanding unconventional drilling, especially in shale formations. De ...

Offshore oil rigs are some of the largest structures on the ocean, they can operate at incredible depths and drill deeper ...

U.S. oil companies are pulling back as lower commodity prices take a toll. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying off ...

National Energy Services Reunited Corp. (" NESR " or the " Company ") (Nasdaq:NESR)(Nasdaq:NESRW),an international, industry-leading provider of integrated energy services in the Middle East and North ...

Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was down three rigs to 563 rigs, the lowest level since November 2021 and down 37 rigs or 6% from year-ago levels.

Energy giant TotalEnergies has agreed on Thursday to sell its minority stake in Nigeria's Bonga oil field as part of efforts to refocus its global upstream portfolio. The company announced that ...