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Hart Energy—Throw a rock in the financial district in Manhattan these days and you are bound to hit someone who is bearish...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row. The total oil and gas rig count, an early indicator of future output, fell by five to 654 in the week of Aug. 11, the lowest since March 2022. That was also the 14th time in the last 15 weeks that drillers cut rigs.
Baker Hughes said that puts the total rig count down 109 rigs, or 14%, below this time last year.
After falling for eight weeks in a row, the number of oil rigs held steady at 525 this week, while gas rigs fell five to 123, their lowest since February 2022.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
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By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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