New BOEM bonding requirements for oil developers in the Gulf of Mexico threaten the future viability of small, shallow water ...
The BOEM regulation “imposes devastating and immediate effects on Gulf drilling,” challengers told a federal ... cover the ...
Oil rigs sit in storage at a business yard Monday, April 25, 2022, in Odessa, Texas. (Odessa American/Eli Hartman) Oil and ...
A significant ramp up is going to mean major supply chain issues, and it’s going to take them time just to get the rigs into ...
In its weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major newspapers and ...
Instead, its target is to cut emissions ... Dhabi National Oil Company to increase exploration and drilling. An article from ...
Oil prices might have bounced back last week from the post-OPEC+ meeting sell-off the week before, but market fundamentals ...
A 48-year-old former North Sea oil platform has been demolished as a looming Labour tax raid on the sector drives a slump in ...
Drilling activity continues to hover at two-year lows as the US rig count falls for a second consecutive week.
Department of Mineral Resources Director Lynn Helms said the state produced 1.24 million barrels of oil a day, which was a ...
North Dakota oil output rose slightly, while the state saw another big jump in gas production in April, according to the ...