News

A fire ripped through an oil rig with 176 workers on board in Brazil. The flames broke out on the PCH-1 oil platform in the ...
U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...
Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons ...
U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker ...
Dr. Ben Meadows, an assistant professor of economics at the University of Alabama in Birmingham, vividly recalls the night of ...
The rig count has dropped under the Trump administration, with the biggest losses reported in Texas, the oil and natural gas capital of the U.S. As of March 28, there were 290 rigs in Texas, down from ...
Primary Vision’s Frac Spread Count, an estimate of the number of crews completing wells, fell during the week of April 4 to 205, compared to 209 in the week prior—still up slightly from 201 at the ...
The world’s largest semi-submersible oil rig, the Ocean Ranger, stands in the path of a violent North Atlantic storm. Believed to be “unsinkable,” it vanishes beneath the waves hours later—taking all ...
- Fresh sanctions on Iran, trade tensions, and Fed rate cut forecasts push oil prices higher ...
lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count ...
The crash happened just after 12:30 p.m., CHP officers said. When they arrived at the scene they found a big rig loaded with coconut oil turned on its side.