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Oil Trades Near $60 a Barrel as U.S. Drillers Add Onshore Rigs

2015-05-25 05:03:19| Oil & Gas - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Oil traded near $60 a barrel as explorers in the U.S. increased drilling activity for the first time since November.

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Overall number of U.S. oil rigs drops by 6; but Louisiana gains 3

2015-05-16 10:46:21| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. said the number of rigs exploring for oil and natural gas in the U.S. declined by six this week to 888. Houston-based Baker Hughes said Friday that 660 rigs were seeking oil and 223 explored for natural gas.

Tags: number oil louisiana gains

 
 

Marshall Islands may stop registering oil rigs in future, says foreign minister

2015-05-13 18:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Marshall Islands, the worlds third largest shipping registry, may stop registering oil rigs, according to the Pacific nations foreign minister Tony de Brum. The minister has advocated on the international stage for the survival of his islands, which are already suffering the effects of climate change. But he admitted that the 183 drill ships and platforms that sail under the Marshallese ensign (according to Greenpeace) were an uncomfortable reality as one of the tiny nations major sources...

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Activists block Shell's Arctic drilling rigs from Seattle waterfront

2015-05-07 17:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Royal Dutch Shell wants to park two massive Arctic oil drilling rigs in Seattles waterfront but the petroleum giant will have to get around protesters in kayaks and a mayor determined to take on climate change. The fast-approaching battle with so-called kayaktivists is unfolding in the northwestern coastal city well known for embracing environmental causes, laying bare the high-stakes feud over oil exploration in the icy waters off Alaska. Seattle Mayor Ed Murray took up the cause on Monday,...

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Diamond Offshore Drilling to scrap three rigs due to weak demand

2015-05-06 01:00:00| Offshore Technology

Deepwater drilling contractor Diamond Offshore Drilling has announced plans to retire and scrap three out of its eight drilling rigs citing weak demand due to a decline in crude prices globally.

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