The number of oil rigs, an indicator of short-term production in the country, fell to 406 for the week ending Dec. 19. The number of US oil rigs fell by 77 compared to one year ago.

The oil rig count in the US increased by 1 this week, oilfield services company Baker Hughes data showed Friday. The number ...

OSLO, May 27 (Reuters) - Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production because of the war in Ukraine and a recovery in demand after the COVID-19 ...

(Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed ...

The total number of active drilling rigs for oil and gas in the United States fell by 1 this week, according to new data that Baker Hughes published on Friday ...

Ukraine said its drones struck a Russian oil rig belonging to Lukoil in the Caspian Sea and a military patrol ship near a rig ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. MIDLAND, TX - JULY 29: President Donald Trump speaks to city ...

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A decommissioned oil rig caught fire in Alabama Wednesday, allowing “potential hazards” to spill into the water below, officials said. The multi-story rig — containing oil, diesel fuel, hydraulic ...

KYIV, Dec 11 (Reuters) - Ukrainian aerial drones struck ‌a ​Russian oil platform in ‌the Caspian Sea for the first time on Thursday, halting ​production at the facility owned by Lukoil, according to ...