The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, after a 2-rig increase in the week prior. The ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

Offshore oil projects are experiencing a resurgence due to higher prices, leading to a boom in the floating rig business. The World Bank predicts a historic oil glut due to factors like rising ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

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 ...

Traders work in the crude oil and natural gas options pit of the New York Mercantile Exchange years ago. An oilfield operator who owns small stripper wells in Oklahoma is nervous. A long-time ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on ...

The total number of active drilling rigs for oil and gas in the United States fell by 4 this week, according to new data that Baker Hughes published earlier this week, bringing the total rig count in ...