Designed to assist offshore oil rigs, it cost around 2.97bn dollars to build. The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea ...

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 ...

We recently compiled a list of the 10 Worst Performing Energy Stocks in 2024. In this article, we are going to take a look at ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after a 5-rig drop in the week prior.

President Trump has lifted some of former President Biden’s efforts to restrict oil and gas drilling on public lands and waters — though his move could face court hurdles. Trump’s decision ...

Given current high production levels, it isn’t clear whether reducing regulation and ending a pause on permitting for energy ...

The number of oil rigs in the US fell by six in the week ended Friday, while crude futures were headed for the first weekly decline in five weeks. The count for oil fell to 472 rigs from 478 last week ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

Jan 24 (Reuters) - 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 since December 2021, energy services firm Baker Hughes ...

(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 ...

The flurry of executive orders President Donald Trump signed on his first day back in office included one that’s of special ...