U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

New York-listed drilling contractor Valaris has agreed to sell its jack0up Valaris 247 to BW Energy (BWE) for cash proceeds ...

China halted purchases of US crude in March as trade tensions between the two countries ramped up, casting a shadow over ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since February, ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

The number of oil rigs fell by 4 to 479—down by 20 compared to this time last year. The number of gas rigs rose by 2 this ...

US deepwater driller Valaris has been awarded a contract in West Africa for five firm wells plus options for one of its ...

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

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a ...

Tariffs on consumables such as imported steel, OCTG, cement, and drilling fluids result in near-immediate price increases that will see higher costs passed directly to ...

Some of the biggest US shale-oil producers plan to slash about 4% of their drilling rigs by the end of the year, according to a survey from one of the largest providers of the equipment.