Fossil Fuels Trump Promised a Drilling Boom. The New Rigs Haven’t Showed Up Yet With clean energy more cost-competitive than it once was, the White House’s oil-first strategy is faltering in a ...

North America added eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Three offshore oil rigs in Southern California are coming back online, a decade after a corroded pipeline carrying oil from the platforms ruptured and spilled more than 100,000 gallons of crude oil.

The number of total oil and gas drilling rigs in the US fell by 2 to 542, resuming their decline after last week's gain followed 11 consecutive weekly declines, Baker Hughes reported.

Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have cut back on the number of rigs for the 12th consecutive week.

OMV Petrom let a rig contract to drill exploration wells in the Black Sea. The wells will be drilled on 1-21 Han-Asparuh block.

BP has sold its US onshore wind power business, signaling a broader industry retreat from renewable energy ventures that are not yielding expected profits and a return to oil and gas.

Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, but losses were curbed by investors weighing a ...

North America added 17 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Oil rigs in the Loco Hills field in Eddy County, near Artesia, one of the most active regions of the Permian Basin, are shown in April 2020. The State Land Office has filed several lawsuits this ...