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Baker Hughes reports that US energy companies have added rigs to their fleets for the third consecutive week.
Baker Hughes, a provider of energy services, said that U.S. firms?added drilling rigs this week for the third consecutive week. The number of oil and gas rigs, a good indicator of future production, increased by 7 in the week ending July 2. This is its highest level since May 2025.
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AtkinsRealis, a Canadian company, believes that Turkey's early assessment of its nuclear capabilities will be complete after the summer
AtkinsRealis, Canada's nuclear company, believes that Turkey will?complete an early review?of its CANDU-based reactors after an information exchange this summer. This could?lead?to?concrete discussions?for a bid for a nuclear power plant, according to a senior official. Turkey's first plant will be built by Rosatom…
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Total losses from the US-Iran War still trail 1979 Oil Shock
LONDON, 3 July - According to calculations based upon data from the International Energy Agency, OPEC, and the U.S. Department of Energy, the 1979 Iranian Revolution is the greatest 'oil crisis in terms of cumulative supply losses. The U.S. and Israeli war against Iran has prompted comparisons to the 1973 Arab oil 'embargo'…
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Congo cobalt exporters fear losing quotas due to administrative glitch, sources say
According to a letter and industry officials, major cobalt producers are at risk of losing some of their first-half exports quotas because of an administrative error affecting a platform for customs. According to one industry source, due to the new directives that withdraw unused…
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Fiserv and service station operators, including BP, warn US stores about illegal vapes
Fiserv, a payments platform, and operators of service stations including BP have 'warned' their U.S. counterparts and store owners to not?deal with illegal vapes - or risk heavy fines. According to estimates, a coalition of state and city law enforcement officials in the U.S. are putting pressure on shippers…
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Fiserv and service station operators, including BP, warn US stores about illegal vapes
Fiserv, a payments platform, and operators of service stations including BP have 'warned' their U.S. counterparts and store…
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Fiserv and service station operators, including BP, warn US stores about illegal vapes
Fiserv, a payments platform, and operators of service stations including BP have 'warned' their U.S. counterparts and store…
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Russia's oil & gas revenues up in June but down 22.7% for H1
The state tax on oil and gas in Russia, which represents around a fifth in the total budget, increased in June from 678.9…
Latest news
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Pembina approves Alberta energy project linked to major data centre development
Pembina Pipeline announced on Thursday that it would'move forward with its planned C$4.6 Billion ($3.24 Billion) Greenlight…
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EUROPE GAS-EU Gas prices stable as market waits for progress on Iran talks
Dutch and British wholesale gas prices were unchanged on Friday morning, as the markets continue to wait and see what happens…
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The week's financial charts: Lag7, the coming oil glut and the yen in 1980s flashback
Every Friday, Open Interest distills the week's financial data into five key charts that highlight the trends, surprises…
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Baker Hughes reports that US energy companies have added rigs to their fleets for the third consecutive week.
Baker Hughes, a provider of energy services, said that U.S. firms?added drilling rigs this week for the third consecutive week.
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Baker Hughes reports that US energy companies have added rigs to their fleets for the third consecutive week.
Baker Hughes, a provider of energy services, said that U.S. firms?added drilling rigs this week for the third consecutive week.
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Baker Hughes reports that US energy companies have added rigs to their fleets for the third consecutive week.
Baker Hughes, a provider of energy services, said that U.S. firms?added drilling rigs this week for the third consecutive week.
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Cumberland Farms files US IPO in a market that is booming for new listings
Cumberland Farms, a convenience?store retailer in the United States, filed for an initial 'public offering (IPO) on Thursday.
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Cumberland Farms files US IPO in a market that is booming for new listings
Cumberland Farms, a convenience?store retailer in the United States, filed for an initial 'public offering (IPO) on Thursday.
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Cumberland Farms files US IPO in a market that is booming for new listings
Cumberland Farms, a convenience?store retailer in the United States, filed for an initial 'public offering (IPO) on Thursday.
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Pembina approves Alberta energy project linked to major data centre development
Pembina Pipeline announced on Thursday that it would'move forward with its planned C$4.6 Billion ($3.24 Billion) Greenlight…
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India's palm oil imports in June fell to a 14-month low due to a softening demand, say dealers
Five?dealers reported that India's imports of palm oil in June were the lowest in 14 months due to a combination of?a declining…
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Data shows that Russia's LNG imports will increase by 9.9% during the first half of 2026.
The preliminary LSEG data showed that Russia's liquefied gas exports grew 9.9% - in the first half of this year - to 16.6 million metric tonnes…
Exploration
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Elliott circles as Northern Star announces new CEO for gold miner Northern Star
Northern Star Resources announced Suresh Vaddnagra as its new CEO on Thursday, as the company reported preliminary gold sales…
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Canacol gas restrictions force Colombia's Cerro Matoso ironickel mine to reduce output
On Wednesday, Colombia's Cerro Matoso Ferronickel Mine announced that it would be cutting operations by 25 percent after Canacol Energy…
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Investors make a bigger push to support campaigns in H1 and seek out more M&A
Barclays data shows that activist investors increased the pace of campaigning in the first half 2026. Their main?demand'…
Drilling
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Sources: Oil rig explosion in Venezuela causes at least 17 injuries to workers
Three sources said on Monday that an explosion occurred late Sunday at a rig operated by the state-owned?oil 'company PDVSA…
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Norway Oil Service Firms Threaten Lockout to End Strike
Offshore Norway announced on Monday that it would lock out the Safe Labour?union?oil service employees?from 27th June?in…
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Petrobras will resume construction at Tres Lagoas Fertilizer Plant by September
Petrobras, the state-owned 'oil' company in Brazil, plans to restart construction of a fertilizer plant in Mato Grosso do Sul by September.
Production
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Matador Resources JV increases Delaware Basin footprint by $752 Million Cardinal Deal
Matador Resources, an oil and gas company, announced?on Monday that its joint venture San Mateo Midstream had agreed to purchase…
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Eni and Petronas establish joint gas venture in Southeast Asia
After signing an agreement for investment in November, Eni of Italy and Petronas of Malaysia have created a joint venture…
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US Energy Secretary says that lower gas prices will eventually lead to a resolution with Iran
Chris Wright, the U.S. Energy Secretary, said Friday that to lower?pump price it will take a solution with Iran in order…
