U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million bpd.

Thousands of oil and gas rigs are becoming redundant around the world – and taking them out of service, known as decommissioning, is a multi-billion dollar business. It’s also a complex ...

US oil rig count rises to highest since June ... US natural gas prices drop 6% to two-week low on surprise storage build, lower demand U.S. natural gas futures dropped about 6% to a two-week ...

The number of active oil-drilling rigs has fallen for five weeks in a ... summer power demand is unable to tame the amount of gas in storage.” Also, “although the market is nervous about ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.