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US Rig Count Rises Despite Oil Producers Pledging To Reduce Drilling This Year
2020-03-06 19:15:00| OGI
Exxon Mobil, which analysts say is operating the most U.S. rigs, said March 5 that it would cut about 20% of the 58 rigs it was operating in the Permian Basin this year.
Ely Junction railway upgrade cost rises more than 20 times
2020-02-27 16:10:10| BBC News | Business | UK Edition
The work was originally due to cost 25m, but the BBC understands it has risen to 500m.
Tags: times
cost
upgrade
railway
US Oil Rig Count Rises For Third Straight Week
2020-02-21 19:28:45| OGI
Companies added one oil rig in the week to Feb. 21, bringing the total count to 679, their highest since the week of Dec. 20, Baker Hughes Co. said in its weekly report on Feb. 21.
Ooredoo Group net profit rises by 10% in 2019 on stable revenue, customer base broadens by 2%
2020-02-14 09:20:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group has announced that its net profit for the year ended 31 December 2019 increased by 10 percent to QAR 1.73 billion from QAR 1.57 billion in 2018. There was an increase in EBITDA and a more favorable foreign exchange environment compared with 2018, but IFRS 16 had a negative effect on net profit. Revenue was stable at QAR 29.92 billion compared with QAR 29.93 billion, in spite of the industry-wide shift from voice to data consumption, lower handset sales and macroeconomic and currency weakness in some markets.
Report: US Natural Gas Flaring, Venting Rises Again In 2019
2020-02-03 23:30:00| OGI
The U.S. drilling industry flared or vented more natural gas in 2019 for the third year in a row, as soaring production in Texas, New Mexico and North Dakota overwhelmed regulatory efforts.
Tags: report
natural
gas
natural gas
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