North America dropped 11 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 2.
Author Archives: finixxgroup
13
May
May
Oil slumped after Federal Reserve Chair Jerome Powell said officials aren’t in a hurry to adjust rates and as tensions between the US and China linger ahead of trade negotiations.
13
May
May
In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram discussed some of the major challenges facing the offshore industry as a whole in an executive dialogue panel on Monday. While conversation ranged over a variety of issues, Saligram opened the dialogue with a single word to describe the current state of the offshore market: “turbulent.”
25
Apr
Apr
Evolution Petroleum Corporation said it completed its acquisition of non-operated oil and natural gas assets located in New Mexico, Texas, and Louisiana.
25
Apr
Apr
NEW YORK, April 25 (Reuters) – Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China.
11
Apr
Apr
Oil and gas companies are increasingly focusing on near-field or infrastructure-led exploration (ILX) to reduce costs and risks in a challenging market environment.
