SHIJIAZHUANG, HEBEI, CHINA, January 21, 2026 /EINPresswire.com/ -- Dalian, China — In a period marked by evolving ...

The U.S. pumps more crude than any other nation in the world but it still wants Venezuela's oil. Here's why.

A boom-and-bust region is feeling the pinch from cheap oil, even as low prices help at the pump.

The drilling services provider also reported that it maintained the same average of 93 rigs for the entire fourth quarter ended December 31, 2025. According to InvestingPro, Patterson-UTI has ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The total number of active drilling rigs for oil and gas in ...

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published earlier this week, bringing the total rig count in ...

Italian energy giant Eni has extended its use of a premium shallow-water jack-up drilling rig in Mexico and has remaining options for an additional 240 days. Eni has a growing upstream business in ...

Tor Olav Troim’s Borr Drilling has dialled down its full-year profit forecasts after seeing employment plans for one of its rigs redrawn. Shares in Borr slumped on the news as the reduced expectations ...

The announcment was made by Eni CEO Claudio Descalzi during a meeting on Tuesday with Egyptian Minister of Petroleum and Mineral Resources Karim Badawi in Italy, where they discussed ways to expand ...

Drilling activity continues to decline as operators reduce their plans amid lower oil prices. Baker Hughes said Friday its U.S. rig count fell two rigs to 576 rigs for the week, the third consecutive ...