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

Increasing production to drive prices lower may be good for inflation data, but oil and gas companies must operate above ...

India's ONGC operates fleet of more than 30 offshore drilling units and is largest operator of jack-up rigs in South Asia ...

Baker Hughes said oil rigs fell by two to 484 this week, while gas rigs rose by one to 103. In the Permian basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale ...

Oil companies like ExxonMobil and BP are some of the oldest and largest publicly-traded firms ... money from retrieval via drilling on an oil rig or fracking in gas field—not sales.

Shares close higher in volatile session; Paladin upgraded; French regulators probe Orora; Virgin-Qatar deal gets green light; ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, services firm Baker Hughes said in its closely followed report on Friday. The ...

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