BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday.

U.S. shale oil producers face their most serious crisis since the pandemic, as the oil price selloff triggered in part by President Trump's trade war has pushed some to the brink of failure.

Experience the reasons behind the high salaries of workers on offshore oil rigs, where harsh conditions and demanding work lead to significant financial rewards. These employees endure extreme weather ...

Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...

The number of oil rigs in the US fell by nine during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 480, while gas added ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive ...

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.

Jadestone said the jack-up rig Valaris 247 has arrived on location ... The sidetrack should add some 3500 barrels per day of oil output, and extend the life of the Montara field by one year.

Scientists have repeatedly found, for example, that an oil rig or oil platform can become an oasis of hard structure in ocean expanses devoid of much else but sand. They attract barnacles, shellfish, ...

These active drilling rigs included 484 oil rigs operating in U.S. oil fields, down by two from the previous week, 103 gas rigs, up by one, and five miscellaneous rigs, the same as the previous week.