Chevron layoffs come as energy giant unlocks more crude with far fewer rigs in the heart of the U.S. oil patch
"So we'll have an asset that will produce something over 1 million barrels a day for many, many years into the future." ...
US drillers add oil and gas rigs for third week in a row - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, ...
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US Rig Count Inches Up but Still Trails Last Year
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...
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China Starts Ultra-Deep Onshore Oil and Gas Drilling Campaign
China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...
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North America Keeps Rig Addition Streak Going
The total North America rig count stands at 840, according to Baker Hughes' latest North America rotary rig count.
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North America Ends Rig Gain Streak
The total North America rig count stands at 835, according to Baker Hughes' latest North America rotary rig count.
Oil outlook: Bears remain in control
We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...
Basin rig count up five as prices slide
The rig count in the Permian Basin was up five this week, the latest count Friday by Baker Hughes shows, with 303 rigs active in the region. A year ago, 311 rigs were active in the region. Nationally, ...
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Canada rig count continues to rise
The rig count in Canada ended the week with an additional 13 rigs running. For the week, the rig count in Canada stood at 258 ...
US drillers add oil and gas rigs for second week in a row, Baker Hughes says
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, ...