Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

US oil and gas drilling operator Noble has secured a new contract worth approximately $70m from Shell for its ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

Transocean (RIG), a provider of offshore drilling services for oil and gas wells, looks to leverage its fleet, which is ...

OMV has been granted a permit by the Norwegian Offshore Directorate to drill an oil and gas exploration well in the North Sea. The overall drilling rig count in North America is up 9 units during ...

Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

The ban on drilling is in place after a judge decided the previous Conservative government acted "unlawfully" when it gave ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...