News

The $893-million drilling project to extend the life of the Malampaya gas field in offshore Palawan, is moving full steam ...
The number of total oil and gas drilling rigs in the US fell by 2 to 537, the lowest total since October 2021 and posting its 11th consecutive weekly decline, Baker Hughes reported.
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of oil rigs and natural ...
Drill, a leading manufacturer of drilling rigs for water well, geothermal, and cathodic protection applications, to support ...
The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...
Crude oil prices rose and oil futures ticked upward. The IEA has trimmed its 2025 oil demand growth outlook and raised its production growth estimate.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...
Donald Trump has advocated expanding production of domestic oil and gas to tackle a "national energy emergency." ...
U.S. oil and gas drilling rigs hit their lowest count since 2021, with declines in major basins and continued monthly drops.
Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the fourth consecutive month to the lowest level since October 2021. The number ...
A new report shows the rate of spills from oil-and-gas drilling is dropping in some of the Mountain West’s top fossil fuel-producing states. But conservation groups warn these spills are still ...
The company began drilling the AND-5 well at Andorinha field in Brazil. The well is aimed at the Açu and Alagamar formations at a targeted total depth of about 1,177 m.