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The U.S. dropped a total of four oil rigs this week while the gas rig count remained flat.
The U.S. dropped four oil rigs this week, according to weekly data from Baker Hughes, a GE Company.
Trans Mountain is a highly anticipated lifeline for Alberta's pipeline-starved oil producers.
Oil extended gains from a 3-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S.
Oil and gas oil rig flanges gulf coast production in the Permian will hit new records next month, according to the EIA.
After Wintershall and DEA complete their merger this year, the newly formed BOP Blow Out Preventer repair company gulf coast will be cutting 1,000 jobs.
ADNOC plans to expand its refining complex at Ruwais, UAE. PHOTO SOURCE: ADNOC.
Wood Group has won a pre-front end engineering and design (pre-FEED) contract for ADNOC Refining’s new 600,000-barrel per day (bpd) refinery, Abu Dhabi National Oil Co.
WTI and Brent futures finished the day lower.
West Texas Intermediate (WTI) crude oil futures traded above the $57-mark for the second consecutive day Thursday but, again, fell short of ending the session there.
More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.
Oil held near a 3-month high as oil rig flanges gulf coast production cuts by Saudi Arabia tempered concerns a trade war between the world's 2 biggest economies will continue to weigh on the global growth outlook.
America's surging shale oil oil rig flanges gulf coast production shows little sign of abating, despite industrywide spending cuts.
(Bloomberg) -- America’s surging shale oil oil rig flanges gulf coast production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less.
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