French oil company M&P confirms the US revocation of its Venezuela operation license, part of a broader OFAC initiative. Venezuela rejects the decision as illegal, vowing to mainta...
French oil company M&P confirms the US revoked its Venezuela operation license, part of a broader OFAC initiative. Venezuela dismisses the action as illegal, pledging continued coo...
Shell plc announces a strategic increase in shareholder distributions to 40-50% of cash flow, alongside a commitment to cut spending and boost efficiency, aiming for leadership in ...
The US oil rig count remains unchanged at 486, indicating market stability despite an annual decrease. Analysts are watching for impacts on global oil prices and future investments...
Chevron plans to reduce its global workforce by 15%-20% as part of a cost-saving strategy aiming to save up to $3 billion. The layoffs, starting this year and mostly completed by 2...
The US oil rig count increased by one to 480, indicating market resilience. The total rig count is now 586, up by 4 from last week but down by 37 year-over-year. Canada's oil rig c...
The latest Baker Hughes report indicates a slight decrease in the US oil rig count to 478, with a significant annual drop of 19 rigs, highlighting the evolving dynamics of the US o...
The latest Baker Hughes report reveals a slight decrease in the US oil rig count to 480, with a notable annual drop of 19 rigs, reflecting the dynamic nature of the oil industry.
The number of oil rigs in the United States increased by five to 482 in the week ending December 6, according to Baker Hughes. The US gas rig count rose by two to 102, while the to...
