North America dropped 21 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on March 20. The total U.S. rig count decreased by one week on week ...

NEW YORK, March 20 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new ...

Shell and rival Chevron recently scored oil exploration and production deals in Venezuela. Shares of Shell recently hit all-time highs, but its strength isn't solely attributable to Venezuela. Shell's ...

Barely more than two months after U.S. forces captured former Venezuelan President Nicolas Maduro, that petroleum-rich country is already making moves to boost its oil output. That's a surprisingly ...

From color-changing skin to jet-propelled motion, squid and cuttlefish have long fascinated scientists. To understand the origins of their unique characteristics, many attempts have been made to ...

Discover the remarkable story of the Petronius oil rig, an engineering marvel situated in the Gulf of Mexico. This video explores the technological innovations and challenges faced during deep-sea oil ...

March 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first ‌time since mid-January, energy services firm Baker ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 543 ...

The rig count in Canada is down 11 units to 142 working for the week ended Apr. 2, according to Baker Hughes data. The count was released Thursday, a day earlier than usual, due to the Good Friday ...

Shell CEO Wael Sawan warns Europe will be next to face an energy supply crunch. TotalEnergies CEO Patrick Pouyanné says the current oil products market is "dislocated." Enquest CEO Amjad Bseisu also ...

The high-specification, winterized Transocean Barents rig will support infill, project, and complex exploration wells, with a contract valued at approximately $490 million, including options extending ...