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Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, favoring efficient producers.
Kaveri Engine: Powering India’s Sky-High Dreams The Tejas jet requires more than 85 kN of thrust. The American GE F404 engine currently powering Tejas delivers about 84 kN.
A Delta flight that made an emergency landing in Atlanta in February had no visible oil in its right engine, the National Transportation Safety Board announced on Wednesday.
Built to withstand extreme conditions and house hundreds of people, the size, complexity, and location of oil rigs makes dismantling them a massive task.
The total rig count in Canada is up 7 from last week and up 7 from the same period a year ago.
U.S. oil and gas rig count falls for the third week in a row as drilling activity slows and operators cut plans due to lower oil prices.
U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday.
If you've ever seen an offshore drilling rig, you know they're absolutely massive. But are these huge rigs, which are essential for oil production, built?
The increased rig count could signal that the market was not as shocked as some had feared by oil prices briefly plummeting below $60 per barrel.
U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes ...
The number of oil rigs fell by 9 to 480—down by 26 compared to this time last year.
The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.
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