Rig Count Falls Amid Recovering Oil PricesOilPrice.comBaker Hughes reported a 3-rig decrease for oil and gas in the United States this week. The total number of active oil and gas drilling rigs now stands at 1,079 according to the report, with the number o …
Rig Count Falls Amid Recovering Oil Prices | OilPrice.comOilPrice.comThe U.S. rig count fell slightly on Wednesday, while the Canadian rig count increased as oil prices regained some lost ground after having fallen 7 percent on ...and more » …
BloombergCrude Rally Loses Some Ground as US Says Oil Inventories GrewBloombergOil gave up some of its gains, curtailing a bounceback rally, as a report that U.S. domestic crude supplies grew for the ninth straight week added fuel to fears about a global o …
The Oil Industry Is Facing A "Capex Conundrum"OilPrice.comOil industry executives are surely pleased with themselves this year, with both large and small companies reporting improved financials after years of struggling. A Reuters survey finds a …
Is It Too Late To Avoid An Oil Supply Crisis?OilPrice.comWood Mackenzie isn't pulling any punches. “The warning signs are there – the industry isn't finding enough oil.” And its latest report continues in the same 'spade is a spade' vein: “ …
It's Time For Big Oil To Start SpendingOilPrice.comBig Oil majors are back in the black thanks to their corporate versions of austerity programs that saw spending shrink considerably along with costs. Shareholders have appreciated this, although they r …
Express.co.ukGoldman Sachs Sees An Oil Supply Crunch LoomingOilPrice.comDella Vigna said the transition to a lower carbon environment will take place amid higher oil prices rather than lower ones, which makes perfect sense since higher oil prices dampen de …
World's Most Indebted Oil Company Reports 20-Fold Increase in ProfitOilPrice.comBrazilian state-run oil firm Petrobras (NYSE:PBR) reported on Tuesday a net income for Q3 surging more than 20 times compared to the profit for the same quarter last year o …
Norway's Equinor Pursues Oil, Gas, Renewable Investments In IndiaOilPrice.comNorway's oil and gas major Equinor is considering investment opportunities in India's oil, gas, and renewables industries, chief executive Eldar Sætre told Reuters on …
Big Oil Won't Spend Despite Fat ProfitsOilPrice.comHigher oil prices are expected to leave the oil industry flush with cash, but the “capital discipline” mantra remains. Market watchers have wondered whether top oil executives would eschew with tight-f …