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.
It is anticipated that the UK government will provide windfall tax relief to energy companies
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,
Following the resurgence of China, the price of oil is projected to reach $90.
Major analysts have suggested that due to China’s recovery from years of Covid lockdowns, the price of oil may rise to nearly $90 a barrel this year.
Despite facing criticism, the CEO of British Gas has been awarded a bonus of £3.7 million.
Centrica, the owner of British Gas, has announced that its CEO, Chris O’Shea, will receive bonuses totalling £3.7 million after the company achieved record profits in 2022.
With the recent surge in oil prices, Genel Energy has reported record cash flow.
In the past year, the company’s net cash holding increased by a factor of five.
United Oil & Gas PLC (AIM:UOG) Commencement of Production from the ASH-8 well
United Oil & Gas PLC (AIM: “UOG”), the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce an update on
Pantheon Resources AGM webinar & corporate update Video
Pantheon Resources plc (“Pantheon” or “the Company”), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent and
Theta West, owned by Pantheon Resources, has been named as the fourth-largest discovery globally for 2022.
Pantheon Resources PLC (AIM: PANR, OTC: PTHRF) has shared additional information ahead of a webinar today, stating that a Wood MacKenzie report described its Theta West as the fourth-biggest discovery
Workers in the oil and gas industry in the North Sea have decided to vote to strike
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
Pantheon Resources (AIM:PANR) AGM webinar & corporate update
Pantheon Resources plc (“Pantheon” or “the Company”), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent and
Baker Hughes reports that US drillers have added the largest number of gas rigs in a week since December 2018.
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