After blocking foreign oil shipments, the Trump administration is now allowing small amounts of oil to enter Cuba — as long as they circumvent government hands. By Frances Robles and David C. Adams ...

Transocean chief executive Keelan Adamson has received positive feedback from oil companies on its proposed merger with fellow drilling contractor Valaris, as consolidation in the rig business ...

The number of oil and gas rigs actively drilling in the U.S. remained unchanged at 551, Baker Hughes reported Friday in its latest weekly survey. During the week ended February 13, drilling rigs ...

1528 ET – Crude oil futures settle the day slightly higher, but still finish the week losing ground. For the week, crude oil fell 1% to $62.89 a barrel. This afternoon’s Rig Count Report from Baker ...

North America added three rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on January 30. The total U.S. rig count rose by two week on week and ...

The weekly rig count in Canada continued its rise this week, but the year-over-year count is down 14 from the number of working rigs for the same period in 2025. The rig count in Canada ended the week ...

A long history of underinvestment, extreme political risk, and organized crime. These are just some of the issues that U.S. oil and minerals companies might face if they were to set foot into ...

Inside Climate News reports that an oil rig fell over in the Alaskan Arctic and burned. This will raise the pitch of the debate over whether oil companies should be allowed to operate in that area at ...

An oil rig en route to an oil exploration effort in the Alaskan Arctic toppled onto the tundra. Credit: Doyon Drilling photo via the Alaska Department of Environmental Conservation When ConocoPhillips ...

A winter oil-drilling campaign planned by ConocoPhillips will proceed without interruption despite the dramatic wreck of an oil rig over the weekend. Doyon 26, claimed to be the largest mobile oil ...

The oil rig that crashed into the frozen ground on the North Slope near Nuiqsut Friday remains too unstable for responders to access the scene, state officials said. While no serious injuries were ...