Baker Hughes Report Shows Decline In US Oil, Gas Rigs

2025-07-10 11:02:22

(MENAFN- Investor Brand Network) A recent report released by Baker Hughes shows that energy companies in the U.S. continue to reduce the numbers of natural gas and oil rigs in operation, signalling a continued slowdown in drilling activity.

Companies like GEMXX Corp. (OTC: GEMZ) with oil and gas exploration projects within the Latin American region could also be undertaking operational adjustments in light of the existing economic and market dynamics. As these uncertainties are resolved, the firms could attract additional investment that helps...

NOTE TO INVESTORS: The latest news and updates relating to GEMXX Corp. (OTC: GEMZ) are available in the company's newsroom at

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