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Oil Posts Biggest Week Of Losses In Nine Months As Delta Variant Spreads
While the Delta variant drags on fuel demand, supply is steadily increasing. U.S. production rose to 11.4 million barrels per day in the most recent week, and drilling firms added rigs for the third week in a row, services company Baker Hughes said.
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Oil Jumps 5% After 7 Days Of Losses, Boosted By Weaker Dollar
While the pandemic drags on fuel demand, supply is steadily increasing. U.S. production rose and drilling companies added rigs for the third week in a row, services company Baker Hughes said.
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ONGC Evacuates Nearly 500 Employees Before Cyclone Fani Makes Landfall
India's biggest oil and gas producer ONGC has evacuated close to 500 of its employees from offshore installations in the Bay of Bengal and moved drilling rigs to safer locations ahead of an impending cyclone that is expected to make landfall on Friday.
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Robots Are Taking Over Oil Rigs As Roughnecks Become Expendable
The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together heavy, dirty pipes. It could also be a reason he's not working there today.
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Vietnam Tells China To Shift Its Rig And Stop Complicating Ties
Vietnam demanded China move a controversial oil rig on Thursday and abandon plans to start drilling in waters where jurisdiction is unclear, the latest sign of festering unease among the two communist neighbours.
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Oil Edges Lower as Saudi Crude Exports Fall, US Cuts Drill Rigs
Oil prices edged lower on today as data showed Saudi Arabian exports fell to the lowest in five months despite record output, while a resurgence in US drilling activity seen earlier this month seemed to fizzle out.
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China's Top Diplomat to Visit Vietnam Again Amid Sea Dispute
China's top diplomat will visit Vietnam next week, China said on Friday, five months after he last visited during a period of tension over a Chinese oil drilling rig working in part of the South China Sea both countries claim.
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Gas Leak at Bombay High Oil Rig, Workers Evacuated
A high pressure, highly inflammable gas leak was today reported at a well state-owned Oil and Natural Gas Corporation (ONGC) was drilling at the Bombay High oil rig, off the coast of Mumbai.
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China Finishes Oil Drilling in Disputed Waters
An oil rig that China moved into contested waters to the fury of Vietnam has finished drilling "as planned", the energy company behind the project said, a month earlier than expected.
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China Scolds Vietnam for "Hyping" South China Sea Oil Rig Row
China's top diplomat scolded Vietnamese officials during talks in Hanoi on Wednesday for "hyping up" a row over a Chinese oil rig drilling in disputed waters in the South China Sea, in tough comments that suggest relations will remain rocky.
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Oil Posts Biggest Week Of Losses In Nine Months As Delta Variant Spreads
While the Delta variant drags on fuel demand, supply is steadily increasing. U.S. production rose to 11.4 million barrels per day in the most recent week, and drilling firms added rigs for the third week in a row, services company Baker Hughes said.
-
Oil Jumps 5% After 7 Days Of Losses, Boosted By Weaker Dollar
While the pandemic drags on fuel demand, supply is steadily increasing. U.S. production rose and drilling companies added rigs for the third week in a row, services company Baker Hughes said.
-
ONGC Evacuates Nearly 500 Employees Before Cyclone Fani Makes Landfall
India's biggest oil and gas producer ONGC has evacuated close to 500 of its employees from offshore installations in the Bay of Bengal and moved drilling rigs to safer locations ahead of an impending cyclone that is expected to make landfall on Friday.
-
Robots Are Taking Over Oil Rigs As Roughnecks Become Expendable
The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together heavy, dirty pipes. It could also be a reason he's not working there today.
-
Vietnam Tells China To Shift Its Rig And Stop Complicating Ties
Vietnam demanded China move a controversial oil rig on Thursday and abandon plans to start drilling in waters where jurisdiction is unclear, the latest sign of festering unease among the two communist neighbours.
-
Oil Edges Lower as Saudi Crude Exports Fall, US Cuts Drill Rigs
Oil prices edged lower on today as data showed Saudi Arabian exports fell to the lowest in five months despite record output, while a resurgence in US drilling activity seen earlier this month seemed to fizzle out.
-
China's Top Diplomat to Visit Vietnam Again Amid Sea Dispute
China's top diplomat will visit Vietnam next week, China said on Friday, five months after he last visited during a period of tension over a Chinese oil drilling rig working in part of the South China Sea both countries claim.
-
Gas Leak at Bombay High Oil Rig, Workers Evacuated
A high pressure, highly inflammable gas leak was today reported at a well state-owned Oil and Natural Gas Corporation (ONGC) was drilling at the Bombay High oil rig, off the coast of Mumbai.
-
China Finishes Oil Drilling in Disputed Waters
An oil rig that China moved into contested waters to the fury of Vietnam has finished drilling "as planned", the energy company behind the project said, a month earlier than expected.
-
China Scolds Vietnam for "Hyping" South China Sea Oil Rig Row
China's top diplomat scolded Vietnamese officials during talks in Hanoi on Wednesday for "hyping up" a row over a Chinese oil rig drilling in disputed waters in the South China Sea, in tough comments that suggest relations will remain rocky.
