Despite US President Trump's efforts to boost U.S. oil production, the industry faces potential output cuts and job losses.

President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...

A new Texas bill limiting oilfield inactivity could ease environmental harms and taxpayer burdens from orphan oil and gas wells.

In a report sent to Rigzone by Standard Chartered Bank Commodities Research Head Paul Horsnell late Tuesday, analysts at the ...

Saudi operator has renewed the deal for one of the jack-ups owned by ADES, offering a contract renewal for the jack-up rig ...

OPEC+ measures face growing pressure to counter bearish momentum. Discover the... Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite By Barani Krishnan - Oct 13, 2023 1 New China data ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

Thursday closed down -4.76 (-6.64%), and May RBOB gasoline (RBK25) closed down -0.1667 (-7.15%). Crude oil and gasoline ...

Saudi Arabia, Russia, Iraq, UAE and others reviewed global market conditions and decided to raise collective output by ...

The group led by Saudi Arabia and Russia will add 411,000 barrels a day to the market next month, according to a statement ...

Oil futures are on track to end March at similar levels seen at the end of February, as prices have recovered since OPEC+ ...

These active drilling rigs included 484 oil rigs operating in U.S. oil fields, down by two from the previous week, 103 gas rigs, up by one, and five miscellaneous rigs, the same as the previous week.