According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in ...