On the outskirts of Baku, oil rigs spread for miles along the hills, perpetually bobbing like dunking bird toys. In the western part of the country, crude oil is considered so potent that it is ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

At the heart of the dispute is the Baku-Tbilisi-Ceyhan pipeline, operated by BP, which carries oil from Azerbaijan through ... gas field gas processing rig near the Israeli city of Caesarea ...

Baker Hughes said oil rigs fell by six to 472 this week, their lowest since December 2021, while gas rigs rose by one to 99.