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President Donald Trump promised to unleash an energy renaissance that would cement U.S. dominance in oil and gas. But that’s ...
Uncertainty and falling oil prices are setting the stage for output declines next year. “West Texas Intermediate prices below $60 a barrel are incompatible with U.S. oil production growth and the ...
North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline.
The number of total drilling rigs in the U.S. fell sharply during the past week, declining by 6 to 578, Baker Hughes said in its latest weekly survey.
Petrobras discovered oil in Aram block in the Santos basin presalt, 248 km from the city of Santos, State of São Paulo, in 1,952 m of water. Electrical logs, gas shows, and fluid sampling from ...
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, following a 3-rig decrease last week.
U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...
US shale operators are optimizing costs and efficiency by increasing multi-well drilling and adopting electric frac fleets, ...
The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of ...
Pembina Pipeline (PBA) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.54 per share a year ago. These ...
Upstream, independent producers supply close to 90% of America’s oil and natural gas, and we know that our nation is stronger ...
The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...