According to the closely watched report released by energy services company Baker Hughes on Friday, U.S. energy firms added oil and natural gas rigs for the second consecutive week.
According to the closely watched report released by energy services company Baker Hughes on Friday, U.S. energy firms added oil and natural gas rigs for the second consecutive week.
Next week, the UK government is expected to offer windfall tax relief to its oil and gas companies. This move aims to boost investments and enhance the country’s energy security,
Oil and gas operators in the North Sea have been cautioned about the possibility of an overwhelming wave of industrial turmoil after workers voted in favour of a strike over
According to Baker Hughes Co, a provider of energy services, there has been a significant increase in natural gas rigs by U.S. energy companies this week, marking the highest increase
Western nations implemented far-reaching sanctions against Russian crude oil and oil products as a measure to reduce Russia’s oil revenues.
Amid the ongoing sanctions and amid the US and its allies’ efforts to tighten them over the invasion of Ukraine, Russia has managed to stash roughly one-third of its $227
On Tuesday, Equinor (EQNR.OL) announced that it has found a new oil and gas reserve near the Troll field in the North Sea. The discovery is estimated to have between
On Sunday, Aramco the oil giant from Saudi Arabia, announced a yearly net profit of $161.1 billion for 2022, setting a new record with a 46% increase from the previous
The first two months of the year saw a rise in Russia’s budget deficit due to a decline in oil and gas revenues and sanctions imposed as a result of
Last month, Russia experienced a 20% increase in energy revenues due to a taxation adjustment, rather than a surge in exports.
Jeremy Hunt is expected to extend the government’s energy price guarantee at its current level for three more months, preventing household bills from increasing by an average of £500 from