Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the ...

U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services firm Baker Hughes said in its closely followed ...

The global Drilling Tools Market is poised for consistent growth, reaching USD 11.5 billion by 2035, up from USD 8.2 billion ...

Rosneft Oil Company underscores that conviction and signals its determination to remain ahead of the curve in a rapidly ...

Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.

Decommissioning an oil rig presents logistical, financial, and environmental problems. Once a well runs dry, companies must clear equipment, seal the well, and remove all infrastructure from the ...

Oil settled higher on Friday, notching a second straight week of gains on easing U.S.-China trade tensions, although prices were held back by expectations of higher supply from Iran and OPEC+.

Long before offshore oil rigs are put together, much less sent out into the open ocean, they're expertly designed. Schematics are drawn up, and in many cases, engineers will take these plans and ...

Founded by Scott Tibbs in 1965, Gulf Craft produced roughly 400 vessels over the last half century, including many crew boats that ferried workers and supplies to and from offshore oil rigs.

When Midnight Oil opened Feb. 3, 2018, at 674 Pencader Drive, it was the only brewery in Glasgow, cannonballing into an underserved craft beer market. Need a break?

Florida is not a major player in the oil industry, contributing fewer than 2,000 of the 13 million barrels a day the U.S. produces, according to the U.S. Energy Information Administration.