U.S. energy firms this week added oil and natural gas rigs for a sixth week in a row for the first time since June 2018, with the industry expecting more momentum in drillers' return to the wellpad as crude prices steady around $40 a barrel.
PARIS/NEW YORK The French government asked power group Engie to hold off on signing a multibillion-dollar U.S. liquefied natural gas import contract on concerns over the deal's environmental implications, a source familiar with the matter said.
U.S. energy firms this week added the most oil and natural gas rigs since January as producers return to the wellpad with crude prices holding around $40 a barrel over the past several months.
Oct 16 U.S. energy firms this week added the
most oil and natural gas rigs since January as producers return
to the wellpad with crude prices holding around $40 a barrel
over the past several months.
NEW YORK Oil prices eased on Thursday as new restrictions to stem a surge in COVID-19 infections dimmed the outlook for economic growth and fuel demand.
Oct 13 The U.S. Army Corps of Engineers said on
Tuesday it has identified three obstructions from Hurricane
Delta that have to be removed before it can reopen the Calcasieu
Ship Channel in Louisiana to deep draft vessels.
NEW YORK Oil prices slipped more than 1% on Friday after an oil worker strike in Norway ended, which should boost crude output even as Hurricane Delta forced U.S. energy firms to cut production. | Video