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News
The Career Center for Oil & Gas Professionals
2+ day, 21+ hour ago (89+ words) Oil Soars as Hormuz Risks Rattle Markets Rigzone Oil Soars as Hormuz Risks Rattle Markets Brent oil spiked over $107 a barrel, the highest in nearly four months, as deteriorating conditions in the Middle East heightened concerns over global supplies. - Brent…...
USA Oil, Gas Workforce Figures Buck Trend
4+ day, 2+ hour ago (717+ words) The number of employees in the oil and gas extraction industry rose month on month, bucking a trend, data on the U.S. Bureau of Labor Statistics (BLS) website showed. According to preliminary figures included in the BLS data page, the number…...
North America Loses Rigs for 3 Straight Weeks
5+ day, 2+ hour ago (776+ words) North America dropped seven rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on September 4. Although the total U.S. rig count remained flat week on week, the total Canada rig count dropped…...
North America Enters Rig Loss Streak
1+ week, 5+ day ago (711+ words) North America dropped five rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on August 28. Although the total U.S. rig count remained flat week on week, the total Canada rig count dropped…...
North America Drops Rigs WoW, Count Still Higher YoY
2+ week, 5+ day ago (522+ words) North America dropped eight rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on August 21. The total U.S. rig count dropped by five week on week and the total Canada rig count…...
USA Crude Oil Stocks See Another Build
3+ week, 3+ day ago (1247+ words) U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 4.4 million barrels from the week ending August 7 to the week ending August 14. That’s what the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum…...
Shell Taps SLB for Production Restarts offshore Brunei
3+ week, 4+ day ago (332+ words) SLB Ltd said Tuesday it had received a contract from Brunei Shell Petroleum Co Sdn Bhd (BSP) to reactivate shut-in wells across multiple offshore fields. SLB senior vice president for integration Gokhan Yarim said, "Together with BSP, we are combining…...
North America Goes Back to Adding Rigs
3+ week, 5+ day ago (598+ words) North America added eight rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on August 14. The total U.S. rig count increased by five week on week and the total Canada rig count…...
Empowering People in Oil and Gas
4+ week, 6+ hour ago (321+ words) Diversified Energy Co. is in advanced talks to acquire Elliott Investment Management-backed oil and gas company Birch Resources for more than $1.7 billion in cash, according to people familiar with the matter. A deal for Birch, which operates in the Permian…...