In the quest for efficiency and safety, companies such as Caterpillar are harnessing smart technology on drilling rigs to ...

New China data brings back old worry about economy in top oil importer 2024 oil demand likely ... for two weeks despite a 15% drop in drilling rigs. Improved production efficiency and technology ...

Oil rigs are massive industrial complexes crucial for meeting global energy demands through oil and gas drilling and production. But these sophisticated structures come at a steep price, whether built ...

The industry's shift towards capital discipline and profitability over growth means that oil prices must stay above $70 per ...

Oct 4 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes (BKR.O), opens new tab said on ...

Oil executives and employees have grown in significance for Trump as his fundraising base has narrowed. The industry is now ...

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. The total rig count fell by 1 this week ...

The total U.S. rig count is made up of 488 oil rigs, 97 gas rigs, and five miscellaneous rigs, according to the count, which showed that the total U.S. rig figure comprises 523 horizontal rigs ...

New China data brings back old worry about economy in top oil importer 2024 oil demand likely lower than thought ... 2023 U.S. crude production hits three-year highs for two weeks despite a 15% drop ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Sept. 27. The oil ...

Baker Hughes said that puts the total rig count down 34 rigs, or 5.5%, below this time last year. U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week ...