North America dropped 21 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on March 20. The total U.S. rig count decreased by one week on week ...

The rig count in Canada is down 9 units after dropping 8 rigs last week. The count in Canada is 197 for the week ended Mar. 13, according to Baker Hughes data. The rig count in Canada is down 2 units ...

International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U.S. capture of President Nicolas Maduro in January, five sources close to the ...

Houston/Caracas – International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U.S. capture of President Nicolas Maduro in January, five ...

Shell (SHEL) signed several agreements with Venezuela's government that span offshore natural gas and onshore oil and gas opportunities, Reuters reported Thursday. TV FANB, a Venezuelan state ...

Shell signs agreements with Venezuelan government for oil and gas projects Agreements include exploration, local content, and workforce development Venezuela's oil reform aims to boost foreign ...

Venezuela's interim President Delcy Rodriguez speaks as she meets with U.S. Interior Secretary Doug Burgum (not pictured), in Caracas, Venezuela, March 4, 2026. REUTERS/Leonardo Fernandez Viloria ...

Lanes have reopened on Highway 50 in Sacramento after being blocked due to a big rig leaking oil, according to the California Highway Patrol. CHP said the truck spilled its load on westbound Highway ...

The major oil companies operating the giant Kashagan oilfield in Kazakhstan have initiated an international arbitration process to challenge a $5B fine for allegedly exceeding sulfur storage limits at ...

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 ...