The Trump administration formally announced on Thursday that it planned to expand drilling in the Arctic, including in the ...

Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%). Crude oil and gasoline prices ...

The energy industry is undergoing a significant transformation, driven by advancements in digital technology and the ...

Taiwan’s first-ever “immediate combat readiness drills” entered the second day yesterday, with the army simulating ...

Looking ahead, the dividend is expected to increase to at least $867 million for 2025, reaching at least $1.15 billion by ...

ADNOC Drilling’s full-year revenue increased significantly to a record $4.034 billion, rising by 32% year-on-year and its ...

Baker Hughes’ February 28 count showed that North America added five rigs week on week, its February 21 count revealed that North America added three rigs week on week, its February 14 rig count ...

U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The number of oil rigs in the US increased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil rose to 487, while gas lost ...

Canada dropped 35 rigs for the week, according to Baker Hughes data. With 199 rigs running, the count is 8 fewer than the 207 units drilling this week a year ago.

The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said in its latest report.