Longboat Energy, an emerging full-cycle E&P company with activities in Norway and Malaysia, is pleased to note the following announcement made by Equinor confirming the production start for the Statfjord
Longboat Energy, an emerging full-cycle E&P company with activities in Norway and Malaysia, is pleased to note the following announcement made by Equinor confirming the production start for the Statfjord
In August, U.S. energy companies reduced the count of active oil rigs for the ninth consecutive month. Simultaneously, there was a drop in the combined oil and gas rig count
This week, U.S. energy companies reduced the number of operational oil and natural gas rigs for the sixth consecutive week, according to the closely monitored report from energy services firm
Vladimir Putin is scheduled to convene with top financial officials as the Kremlin contemplates mandating companies to purchase roubles using their foreign earnings in an effort to stabilize Russia’s declining
The rouble has plunged to its weakest point against the dollar in 16 months, driven by increased Russian military expenditures and a stark drop in export earnings. These factors exacerbate
U.S. energy companies reduced the active oil and natural gas rigs for the fifth consecutive week, as reported by Baker Hughes in their recent report on Friday.
Oil prices have hit a four-month apex after a Ukrainian assault on a Russian naval vessel in the Black Sea, escalating tensions and further destabilising the crucial trade route.
Baker Hughes, an energy services firm, reported this week that US energy companies continued their trend of decreasing the number of operational oil rigs for the eighth week straight, according
Alexander Novak, the Russian Deputy Prime Minister, stated that global oil demand is projected to increase by 2.4 million barrels daily this year, which in his view, will keep the
The Russian rouble dropped against the US dollar to its lowest level since the first month of the war in Ukraine.
Global oil prices are soaring due to Saudi Arabia’s indication of further decreasing its oil supply. Following its decision to trim production by one million barrels per day in September,