U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy ...
May 24 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes (BKR.O) , opens new tab ...
The oil and gas rig count, an early indicator of future output, fell by fourto 590 in the week to June 14. Baker Hughes said ...
A surge in US oil production and the Americas is expected to outstrip demand by 2030, driving down already declining gas prices (EPA) Total supply capacity is forecast to rise to nearly 114 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Working on offshore oil rigs, miles from anywhere, can be a lonely business. Onshore executives at ...
However, oil prices have been buttressed by support from OPEC+ members Saudi Arabia and Russia, indicating readiness to pause or reverse oil output increases. Oil prices edged down on Friday and ...
Total active rigs drilling for oil and gas in the U.S. fell by 6 to 594, the rig count's fifth decline in the past seven weeks and the lowest total since January 2022, Baker Hughes reported Friday.
America's transition to a decarbonized economy demands massive base metals and rare Earth minerals. Currently, China dominates the rare Earth mineral market. However, initiatives are already ...
TGS and the National Oil Company of Liberia plan to reprocess over 24,700 km in the Liberia and Harper basins.
A group of 44 US-based oil and gas producers and refiners recorded a total net earnings of $27 billion in first-quarter 2024, down from earnings of $48.5 billion in the previous year's first quarter.
NEW YORK: US natural gas futures dropped about 5% on Friday to a one-week low on forecasts for lower demand in two weeks, an ongoing oversupply of gas in storage and signs that recent high prices ...
June 7 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said in its closely followed ...