At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn’t know that if you talked to ...

Biglari says it was falsely told the oil company's assets included a dormant drilling rig worth $8.4 million that Biglari ...

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

ODESSA, Texas — As President Donald Trump enters the first 100 days of his second term, he is once again making his stance on the oil and gas industry clear: “Drill, baby, drill.” But while the phrase ...

The number of oil and gas drilling rigs in the US rose by 2 to 548, up for the third time in four weeks but down 37 rigs - or 6.3% - from last year at this time, Baker Hughes said.

North American drilling activity declined for the week ended Dec. 13 with 780 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday. Fewer oil-directed rigs working in ...