XOM is growing upstream production rapidly with a 2030 target of 5.4 mm BOEPD from Q-1's 4.5 mm BOEPD. Upstream drives earnings for the company accounting for about 3/4 of the $7.1bn in earnings for ...

“We will drill, baby, drill,” President Donald Trump declared at his inauguration on January 20. Echoing the slogan that ...

U.S. oil rig count falls to its lowest since 2021, while natural gas drilling activity continues to increase, according to ...

The number of total oil and gas drilling rigs in the US fell by 2 to 540, the 13th time the domestic rig count has declined in the past 14 weeks, Baker Hughes reported.

Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on oil and gas rigs for the second consecutive week.

The overall drilling rig count in North America is down 7 units to 717 the week ended Aug. 1, with drops in oil-directed rigs ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...