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By: Reuters – Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, but...
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In the oilfield’s present-day context of wrenching anxiety over the policies of the Biden administration, historians find the example of the old-time...
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By: Michael Collins – USA Today – President Joe Biden is releasing 50 million barrels of oil from the nation’s emergency stockpile...
By: John Kemp – Reuters – President Joe Biden’s request for an investigation into anti-competitive behavior in the oil and gas markets...
Sept 8 | U.S. energy firms this week increased the number of oil rigs operating for the first time since June while cutting the natural gas rig count, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose by one to 632. Despite this week's rig increase, Baker Hughes said the total count was still down 127, or 17%, below this time last year.
U.S. oil rigs rose one to 513 this week, while gas rigs fell by one to 113, their lowest since January 2022. Miscellaneous rigs gained 1.
After oil and gas prices soared following Russia's invasion of Ukraine last year, the U.S. rig count climbed to 784 by November 2022, but has since slumped by about 19% as prices fell earlier in the year.
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By: Anna Kaminski | Kansas Reflector | TOPEKA — The Trump administration is attempting to...
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