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U.S. energy firms this week added the most oil and natural gas rigs in a week since November, rising for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose nine to 641 in the week to Sept. 15, its highest since mid-August. Despite this week’s rig increase, Baker Hughes said the total count was still down 122, or 16%, below this time last year.
U.S. oil rigs rose by two, the most in a week since April, to 515, while gas rigs gained eight to 121.
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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