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Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

Oil rigs are critical for supplying the world with energy but working on a rig is not without its risks. In the eighties, a horror diving accident saw five men die after an unprecedented change ...

Baker Hughes (BKR) reports that the U.S. rig count is down 1 from last week to 592 with oil rigs unchanged at 486, gas rigs down 1 to 101 and miscellaneous rigs unchanged at 5. The U.S. Rig Count ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior.

One additional rig was drilling offshore for a total of 14 rigs working for the week. US oil-directed rigs were unchanged from last week at 486 units. A year ago, 504 units were drilling for oil.

But Chevron will likely be okay. Last month, the oil and gas major reported that it’s well positioned to grow free cash flow by $6 billion to $8 billion by next year, and lower expenses by "a ...