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US Oil Rig Count Rises

2019-05-03 20:13:46| OGI

Companies added two oil rigs in the week to May 3, bringing the total count to 807, lower than the 834 rigs active this time last year, Baker Hughes, a GE company, said in its weekly report.

Tags: count oil rises rig

 

Trump Administration To Relax Offshore Safety Rules Sparked By 2010 Gulf Oil Spill

2019-05-02 20:36:52| OGI

Scott Angelle, head of BSEE, said in an op-ed in Louisianas The Advocate newspaper on May 2 the agency had revised 68 of 342 provisions of the Obama administrations well control rule, and put forward a safer, smarter improved rule.

Tags: rules safety administration oil

 
 

Frac Spread: Global Tensions, High Supply Wrestle Over Oil Prices

2019-05-02 17:47:26| OGI

Conflicts in producing nations Venezuela and Iran are countered by rising inventories in the U.S.

Tags: high global prices supply

 

Russian Oil Output Falls In April But Fails To Reach Reduction Target

2019-05-02 17:24:21| OGI

Officials want to raise the production quota, pointing to improved market conditions.

Tags: april target reach oil

 

Deputy Energy Secretary Dan Brouillette Lauds Trump Policies For Keeping US Oil, Gas Strong

2019-05-02 15:00:00| OGI

The Energy Information Administration expects U.S. oil production to increase to 13.2 million barrels per day in 2020 all while remaining conscious of the movement for cleaner energy.

Tags: strong policies dan energy

 

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