June 14 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said in its closely ...
The outcome of OPEC’s meeting on June 2 does not obscure our view that it still operates from a position of weakness in an oversupplied oil market. OPEC extended three production cuts further ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Working on offshore oil rigs, miles from anywhere, can be a lonely business. Onshore executives at ...
The worldwide oil and gas industry has been ramping up mergers and acquisitions (M&A) activity, with 2024 off to a hot start. The first two months of 2024 reported the highest deal value of a ...
CALGARY — Canadian oil and gas companies facing a federally imposed emissions cap will decide to cut their production rather than invest in too-expensive carbon capture and storage technology, a new ...
Investing.com -- Oil prices settled higher Monday, adding to gains from last week as growing optimism on the outlook for demand overshadowed falling refinery activity in China, the world’s biggest..