The oil rig count in the US increased by 1 this week, oilfield services company Baker Hughes data showed Friday. The number ...

Baker Hughes (BKR) reports that the U.S. rig count is up 2 from last week to 588 with oil rigs up 1 to 481, gas rigs up 1 to 101 and ...

The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 312 rigs were active in the region. Nationally, ...

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Offshore Oil Rigs Suffering ‘Calamitous’ Issues to Resume Output: BloombergPipeline operator Genesis Energy said a string of “calamitous” operational issues that have plagued deep sea oil rigs since ...

For the time being, the OPEC member’s production remains resilient. Iran pumped an average of 3.32 million barrels a day of ...

Ample crude supplies overshadow U.S. threats to curb Iranian oil exports, leading to a fourth consecutive week of falling ...

The company stated, “The long-term outlook for global energy demand remains positive with rising demand for all types of energy including oil ...

New Orleans was significantly impacted by the spill. Its people are familiar with overwhelming disasters, understanding the ...

The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired ...

Sea-based launches are hitting their stride. That could lead to a lot more space missions with a lot less red tape.