Home Fossil Energy Westwood: UK’s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand After the UK made changes to the UK Energy Profits Levy (EPL), increasing […]
On Tuesday, March 21 at 19:30 GMT:Government leaders in Uganda and Tanzania say a rapidly developing oil drilling and cross-border pipeline programme will lift people’s living standards across the region. But some residents living near […]
A sale of New Mexico’s public land to the oil and gas industry was expected in May with lands going to auction throughout the Permian Basin in the southeast corner of the state. The auction scheduled […]
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the upswing last week with three units added to the mix. The total number of rigs […]
Home Fossil Energy WATCH: Saipem’s recently named jack-up rig leaves shipyard ahead of new gig A 300-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem, following a naming […]
WASHINGTON (AP) — In early March, President Joe Biden met with members of Alaska’s bipartisan congressional delegation as they implored him to approve a contentious oil drilling project in their state. Around the same […]
The oil and gas rig count, an early indicator of future output, rose eight to 754 in the week to March 17. , , Baker Hughes said that puts the total rig count up 91 […]
US shale explorers are well prepared to manage a potential credit crisis after piling up cash and paying down most of their debt, according to private equity firm Kimmeridge Energy Management Co. “I don’t think […]
Weaker commodity prices are undercutting drilling activity, with the US rig count falling for a fourth consecutive week, the first time that has happened since June 2020. Oilfield services company Baker Hughes said Friday its […]
(WO) — Ireland is becoming ever more reliant on Britain for gas supplies, with UK imports more than doubling since 2017 to 75% of Irish demand, and set to hit 90%, a report from Offshore […]
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