The spending plans for 2025 indicate that the oil giants are prioritizing efficiency and returns over aggressive growth ...

to form a joint venture to make onshore rigs and equipment in Saudi Arabia, the state-owned Saudi energy firm said. Saudi Aramco will own 30 percent of the venture, while the rest will be owned by NOV ...

U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

Main equity benchmarks in Middle East countries including Saudi Arabia sank the most since 2020 on Sunday as investors ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.

A Houston-based oil company has rebuffed the authority of the California Coastal Commission in a bid to revive drilling off ...

Japanese startup Terra Drone , which uses drones to survey and inspect energy infrastructure, is stepping up cooperation with ...

Kenya has renewed a contract to purchase fuel on credit from three state-owned Gulf firms by 24 months and renegotiated lower ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total ...

Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude in the world’s fastest-growing emerging market, several ...

Last week’s plunge in oil prices rippled through Middle Eastern markets Sunday, sending benchmark indexes in the region ...