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 ...

Companies struggle to drill profitably below $65 a barrel, and rising input costs further discourage drilling, potentially benefiting OPEC and impacting rig counts. US President Donald Trump moved on ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

(Reuters) - 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 count for a third consecutive week, energy services firm ...

The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

Rigs targeting natural gas increased by 1 unit to 97. Those rigs targeting oil, meanwhile, decreased by 9 to 480. There were 6 rigs considered unclassified, up 1 unit from a week ago. Rigs ...

James Bullard, Former St. Louis Fed president, joins 'Closing Bell' to discuss the market volatility, Trump's tariffs and growth headwinds. DOGE begins to freeze health-care payments for extra ...

The Department of the Interior announced Thursday it would no longer require the Bureau of Land Management to produce an environmental impact statement for thousands of oil and gas leases in seven ...

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