Here, the ferries that shuttle workers to oil rigs in the nearby Gulf of Mexico periodically halt service due to nonpayment.

March 28 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, services firm Baker Hughes said in its closely followed ...

This story was produced in partnership with the Pulitzer Center. It is part four in a four-part series. Read part one here, part two here and part three here. Correction: This article has been ...

- Uncertainty over how Trump administration will shape its policies toward key oil suppliers such as Russia, Iran, and Venezuela continues to signal ongoing risk in oil market ...

On any other day, David Rodriguez’s truck would have been helping extract oil, and as he sucked ... decline in both the number of rigs and rig workers. “We drilled ourselves out of a job ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Here, we outline our expectations for the oil and gas industries and the companies that are best positioned to succeed amid this environment. The US rig count has held roughly flat sequentially ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...