The price of crude oil is steadily declining, leading to the abandonment of oil rigs in Scotland and other countries. Massive ...

Later today, oil services and technology company Baker Hughes will release its U.S. rig count, which is the tally of active oil rigs in the country. Since the spring, rig count has declined, reaching ...

The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased. Despite the fall in active ...

July 24 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the 12th time in 13 weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its ...

May 30 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest since November 2021, energy services firm Baker Hughes ...