US oil and gas rigs decline for first time in six weeks, says Baker Hughes

The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy ...

US drillers cut oil and gas rigs for first time in 6 weeks, Baker Hughes says

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

Hurricane Delta shuts most U.S. offshore oil output in 15 years

Large and powerful Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico energy production in 15 years, halting most of the region's oil and nearly two-thirds of natural gas output.

This US oil titan is slashing up to 25% of its workforce — a stunning move impacting thousands of jobs. So what happened to ‘drill baby drill’?

“Drill baby drill!” proved a popular rallying cry for Donald Trump during the 2024 presidential election. But with a slowdown ...