Highlights: Magnolia reported first quarter 2025 net income attributable to Class A Common Stock of $102.9 million, or $0.54 ...

The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 2 rig dip in the prior week.

Thriller fans were eager to dive into The Rig, a series set on a Scottish oil rig, when it landed on Amazon Prime. With a star-studded cast, including Iain Glen, Emily Hampshire, Martin Compston ...

lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count ...

Nigeria’s newly approved N54.99trn ($36.6bn) budget is already facing severe strain from two fronts: the global collapse in oil prices, partly fuelled by Donald Trump’s latest tariff offensive, and a ...

ASX shoots up, Aussie dollar surges, Bitcoin flies and tech stocks lead the way while miners and fund managers join the rally.

14 oil and natural gas fields discovered in Eastern Region, Empty Quarter Dubai: Saudi Arabia, the world's top oil exporter, on Wednesday unveiled 14 new oil and natural gas discoveries in the ...

The Keystone Pipeline declared force majeure on scheduled oil shipments after a leak spilled an estimated 3,500 barrels of crude in a North Dakota field. Keystone warned customers that it may not ...

The Texas oilmen on the fairways had a more serious concern: The president they helped elect was tanking oil prices. The market rout sparked by President Donald Trump’s trade war is touching ...

Aramco in April 2024 suspended multiple jack-up rig contracts with at least six leading ... s decision to pause the further expansion of its oil production capacity. However, the Saudi operator ...

“Nobody in their right mind is going to put out a drilling rig not knowing what the oil price will be,” he said. “The longer that goes on, the weaker the industry is going to be from a ...