By Scott Disavino March 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since August, […]
The oil and gas rig count, an early indicator of future output, fell by one to 760 in the week to Feb. 17. Despite this week’s rig decline, Baker Hughes said the total count […]
Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]
Home Clean fuel Baker Hughes, FFI to jointly pursue hydrogen, ammonia and geothermal projects Energy technology company Baker Hughes has signed a memorandum of understanding (MoU) with Fortescue Future Industries (FFI), a subsidiary of Australian […]
Jan 27 (Reuters) – U.S. energy firms this week kept oil and natural gas rigs steady, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas […]
Baker Hughes’ rig count report has revealed that the international offshore rig count experienced an increase of 30 units in 2022 compared to the figures from the year before. The overall international rig count including […]
Iraq continues to rely on Iran for around 40 percent of its power supplies. Iraq flared the second largest quantity of gas in the world. The potential for gas capture in Iraq is huge and […]
Houston-based Baker Hughes Co. kicked off third quarter earnings season for the oil and natural gas sector on Wednesday, acknowledging challenges but optimistic about the emerging upcycle, with a continuing bullish view for LNG. The […]
The world’s third-largest oilfield services provider stated in a corporate update Wednesday that the worst supply chain issues “should be behind us,” as this could indicate US crude production could meaningfully increase in 2023. Baker […]
This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 759 rigs. Canada had a decrease of 3e over last week, resulting in a […]
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