The rig count in Canada is down 9 rigs to 205 working for the week. In the US, a 1-rig increase brought the rig count to 551.
Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion. Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it ...
The US drilling rig count decreased by 7 units during the week ended Apr. 11 to reach a total of 583 rotary rigs working, Baker Hughes Inc. reported. That compares with 617 rigs working in the ...
Brazilian state oil giant Petrobras has halted production at 13 Campos basin rigs and ordered a check for leaks after an oil slick appeared on the ocean surface in the area. Petrobras said at least ...
The words ‘drill, baby, drill’ were writ large across Donald Trump’s 2024 presidential campaign, and the three words have since summarised the US President’s oil and gas policy. The US’ oil reserves ...
War on Iran shuts Hormuz; Brent could hit $150 soon, with $200 possible by 2026, as producers hedge and rig counts stay flat.
The geology and science behind oil drilling can be quite interesting and important for understanding which companies are the right fit for your investment. When people talk about oil drilling, many of ...
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