Oil vigilantes have been found wanting. That’s what analysts at J.P. Morgan said in a research note sent to Rigzone on Thursday by Natasha Kaneva, Head of Global Commodities Strategy at the company. In the research not...

Elliott Investment Management LP complained Tuesday before Delaware’s Court of Chancery accusing Phillips 66 of “gamesmanship” in the run-up to the refiner’s yearly meeting of shareholders. “Despite Elliott pri...

A secure supply chain is an advantage to all businesses that are a part of it. Minimal breaches mean that there’s less disruption to productivity and fewer physical and financial losses. It’s also an ethical priority...

President Donald Trump on Monday issued an order allowing a 25% tariff to be imposed on any nation purchasing oil and gas from Venezuela, ratcheting up his dispute with the Latin American country over immigration with a ...


 
 American Petroleum Institute (API) President and CEO Mike Sommers addressed the Economic Club of Pittsburgh where he discussed rising electricity demand driven by the artificial intelligence (AI) revolution ...

Canacol Energy Ltd. has reported $25.4 million, or $0.75 per share, in net loss for the fourth quarter (Q4), compared to a net profit of $29.9 million for the same three-month period in 2023. The natural gas exploration ...

North America cut 18 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on March 21. Although the total U.S. rig count increased by one week on week, Canada’s tota...

US investigators from the FBI and Homeland Security Investigations have seized USD 47m from the sale of illegal Iranian oil, the US Department of Justice says in a press release after filing a civil action in the US Dist...

Halliburton and Sekal AS deployed the world’s first automated on-bottom drilling system with the integration of Halliburton’s LOGIX™ automation and remote operations, Sekal’s Drilltronics®, and the rig automatio...

This past July, a 20-year-old hiker and her father were descending the cables at Yosemite National Park’s Half Dome, a 5,000-foot-high unique rock formation, when she slipped in a sudden downpour. She fell about three-...