Drilling activity started 2025 the way it ended 2024: locked in a very narrow trajectory. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was at 589 rigs for a fourth ...
Shares of energy companies climbed alongside oil futures. Oil rose 5% in New York to $73.96 a barrel this week, boosted by remarks from China's President Xi Jinping, who pledged more proactive ...
Following 2 straight weeks of steep declines to the rig count in Canada, the week ended Jan. 3, had just one rig withdrawn from operation, according to Baker Hughes.
CNOOC Ltd. started production at the Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project in the eastern South China Sea at an ...