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. The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week to May …
US Oil and Gas Rig Count Falls to Lowest Since January, Baker Hughes Says Read More »
Plains All American purchased midstream assets in Wyoming, the Permian Basin and alleviated NGL bottlenecks in Canada.
MPLX continues expansion with assets in in the U.S. Four Corners region, where Whiptail Midstream serves the Gallup oil play.
AI is expected to spur an additional 3 Bcf/d-15 Bcf/d in demand by 2030.
Here is a look at some of this week’s renewable energy news, including a low-carbon deal between Exxon Mobil and Marubeni.
The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week’s decline puts the total rig count down 25, or 4% below this time last year.
The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week’s decline puts the total rig count down 25, or 4% below this time last year.
(Reuters) – Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to temper their drilling activity and rethink their budgets. SLB, Halliburton, and Baker Hughes all flagged cautious customer spending in their first-quarter reports, citing a lack of visibility, especially in North America. Higher …
US Oilfield Giants Brace for Tough Times as Price Slide Rattles Producers Read More »
The case for improving our industrial capacity with industrial freedom, not tariffs. By Alex Epstein It’s important to have nuanced conversations about tariffs. Recently I had the opportunity to share my view on Donald Trump Jr.’s podcast, Triggered, which is that there are real problems with our industrial capacity, but the solution is industrial freedom, freer …
The Federal Energy Regulatory Commission submitted a newly reviewed environmental impact statement approving Venture Global’s stalled Calcasieu Pass 2 project.
