Kenya has renewed a contract to purchase fuel on credit from three state-owned Gulf firms by 24 months and renegotiated lower ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said in its latest report.

The company also announced it expected to slash dividend payouts in 2025. Oil giant shares stunning profit update that could ...

Offshore rig market faces a challenging year ahead, with falling dayrates and weak demand amid contract suspensions and ...

BHIG is expected to commence commercial operations to produce blue hydrogen in coordination with Aramco's carbon capture and ...

(Reuters) - US energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil ...

- Iran's role in energy cooperation with Russia remains unclear, as it seeks to export Russian gas while struggling to process its own, expert on Iran energy issues says ...

Drilling activity showed a marginal increase for the first time in three weeks. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count edged one rig higher to come in at 593 ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes (NASDAQ:BKR) said in its closely followed report on Friday.

Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first time since three weeks. The number of oil and gas drilling rigs, a good indicator of ...

GCC Oilfield Service Market – Industry Trends & Forecast Report, 2029 ...

“There is going to be some fleet renewal required.” Mr Jensen noted, alongside EPC awards, Saudi Aramco’s suspensions have had “quite an impact on jack-up markets in the Middle East.” Rig contract ...