Waves lashed the Ocean Ranger oil rig knocking out a porthole window and allowing water to submerge the ballast control room, ...

President Donald Trump has signed an executive order formally creating a National Energy Dominance Council and directed it to ...

Drilling activity posted a third consecutive weekly increase, the first such trend since December 2023. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was up two rigs to 588 ...

Baker Hughes, a leading energy services company, said that U.S. firms added oil and gas rigs this week for the third ...

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since ...

The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said.