April 11 (Reuters) - 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 ...

The company plans to run a dedicated drilling rig on the $390-million asset, incorporating it into its 2025 plans. In February, the company said it expects to deploy up to $1 billion in US oil and gas ...

Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer ...

The U.S. oil rig count stood at 506 at the end of March, down by 382 rigs since 2018, which was the peak in the last decade. "If oil prices stay in the $50s, oil rig counts will drop, and the drop ...

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

2-Year U.S. Treasury Note Continuous Contract $103.754 0.020 0.02% 5-Year U.S. Treasury Note Continuous Contract $108.258 0.008 0.01% 10-Year U.S. Treasury Note Continuous Contract $111.031-0.047 ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...