U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second time in three weeks, energy services firm Baker Hughes Co BKR.O said in its closely followed report on Friday.
The earthquake that hit Turkiye and Syria on Feb 6 was one of the deadliest in the two nations’ history. Apart from claiming more than 37,000 lives and leaving many others injured, which should be deeply mournful, the earthquake is also likely to affect the world economy by causing changes in logistics and transportation, even […]
As the 2023 New Mexico legislative session rolls up to its halfway point, the state’s volunteer legislators have reoriented themselves to the Roundhouse and caught up with where they left off at the end of the 2022 session.
According to the most recent report that Occidental Petroleum Co submitted to the Securities and Exchange Commission, Jupiter Asset Management Ltd made a new investment in the company during the third quarter.
PGS has formed a partnership with the Ghanaian Petroleum Commission to apply technology advances in interactive rock physics offshore Ghana.
The United Nations Development Programme (UNDP) and the Federal Government of Somalia have launched the Africa Minigrids Program (AMP) in the country.
The United States produces more oil and gas than any other country.
OPEC+ and others including Russia, is unlikely to defend the $80 price floor and hence would not need to cut production quotas this year, according to the note
An International Energy Forum report says oil and gas upstream capital expenditures increased to their highest level since 2014, but more is needed.
Saudi Arabia, one of the organisation’s most prominent members, believes that the current energy crisis is largely the result of declining investment in hydrocarbons