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A service for energy industry professionals · Tuesday, May 13, 2025 · 812,343,821 Articles · 3+ Million Readers
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Baker Hughes News Monitoring

  • Published on 19:23 GMT

    Baker Hughes Says Oil, Gas Rigs In The US Have Reduced Significantly

    (MENAFN- Investor Brand Network) A recent report by energy technology company Baker Hughes reveals that U.S. energy firms have slashed the number of active oil and natural gas rigs to their lowest levels since the beginning of the year. According to the …

    Source: MENAFN - Indeterminate
  • Published on 11:39 GMT

    Prosafe’s Safe Notos vessel triumphs in Petrobras’ four-year contract bid

    Prosafe has emerged as the successful bidder in Petrobras’ tender for a four-year contract, offering the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The contract’s formal award is pending a standard process, …

    Source: Offshore Technology - Neutral
  • Published on 03:21 GMT

    Halliburton, Schlumberger Brace for the Next Oil Slump

    U.S. oilfield service majors had a good run after the pandemic lockdowns ended. Demand for oil rebounded strongly, drillers drilled more, and even the climate-focused energy policies of the Biden administration could not ruin that. Now, a price rout that …

    Source: Oil Price - Neutral
  • Published on 00:26 GMT

    The Energy Report: The Big Pause

    Oil prices are surging this morning along with the stock market as Treasury Secretary Scott Bessent under promised and over delivered a deal. The U.S. and China agree to slash tariffs for 90 days reducing them to 30% from 145% while China reduces tariffs …

    Source: Investing - Neutral
  • Published on May 12, 2025

    Crude Oil, Copper Prices Surge on US–China Trade Deal Optimism

    Oil and metals prices rose after the US and China said they will temporarily lower tariffs on each other’s products, with the US reducing its levies on most Chinese imports from 145% to 30% and China lowering its duties on US good from 125% to 10% for 90 …

    Source: Investing - Neutral
  • Published on May 12, 2025

    Oil Prices Climb As US-China Trade Talk Progress Eases Market Jitters

    Monday, May 12, 2025 5:46 AM EDT  Image Source: Unsplash   Gains capped by OPEC+ plans to increase oil output in May/June, though April output dipped. Positive sentiment driven by US and China touting "progress" and "important consensus…

    Source: myMotherLode - Pending
  • Published on May 9, 2025

    Baker Hughes: US oil and gas rig count falls to lowest since January

    By Scott DiSavino (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an …

    Source: Yahoo Finance - Pending
  • Published on May 12, 2025

    Oil gains on rising demand hopes amid US-China progress

    Oil prices rose during Asian trade on Monday after United States and Chinese officials expressed optimism over the weekend about progress in trade negotiations, lifting sentiment around energy demand from the world’s two largest crude consumers. At 2:55 pm …

    Source: Azzet - Pending
  • Published on May 12, 2025

    Oil prices jump over 3% on US-China tariff reductions

    TOKYO: Oil prices rose more than $2 in Asian trading on Monday after the US and China said they would ease some of their tariff measures, lifting market sentiment that the world’s two largest crude users may be moving toward resolving their trade dispute. …

    Source: Business Recorder - Neutral
  • Published on May 12, 2025

    Texas oil drilling applications hit 4-year low as producers weigh OPEC+ hike, trade war

    Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since February 2021, consultancy Enverus said, amid concerns that rising OPEC+ supplies and a trade war will continue to hit crude prices. …

    Source: Hellenic Shipping News - Neutral
  • Published on May 12, 2025

    Grades mixed as energy firms cut oil rig count

    U.S. cash crude differentials were mixed on Friday, with Light Louisiana Sweet strengthening slightly, dealers said, as U.S. energy firms cut the number of oil rigs operating. The oil rig count fell by five to 474 this week, their lowest since January, …

    Source: Hellenic Shipping News - Neutral
  • Published on May 12, 2025

    Oil prices rise as US-China trade talks soothe market jitters

    By Yuka Obayashi TOKYO (Reuters) - Oil prices rose on Monday after both sides in U.S.-China trade talks over the weekend touted their progress, which lifted market sentiment that the world's two largest crude users may be moving toward a resolution of …

    Source: Yahoo Finance - Pending
  • Published on May 9, 2025

    Baker Hughes reports that the US oil and gas rig counts have fallen to their lowest level since January.

    Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have reduced their number of operating oil and natural-gas rigs to its lowest level since January. The number of oil and gas rigs, a good indicator of future …

    Source: World Energy News - Connecticut - Pending
  • Published on May 11, 2025

    U.S. Oil License Expires: Major Companies Halt Operations in Venezuela

    CARACAS, Venezuela — The U.S. General License 80 expired on May 9, 2025, significantly impacting American oil contractors operating in Venezuela. Companies such as Halliburton, Schlumberger, Baker Hughes, and Weatherford can no longer engage in business …

    Source: Times News Global - Pro-Government
  • Published on 11:56 GMT

    North America Loses Rigs for 10 Straight Weeks

    North America cut 12 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 9. The U.S. and Canada each dropped a total of six rigs week on week, taking the total North America rig count down to 692, …

    Source: Rigzone - Neutral
  • Published on May 9, 2025

    Baker Hughes: U.S. oil rig count down by 5 to 474

    The U.S.   Oil rig The rig count fell by 22 on an annual basis. The US gas rig count was unchanged in the reported week, dropping by two compared to last year. The total number of rigs in the country currently stands at 578, down six from last week and 25 …

    Source: Post Online Media - Center-left
  • Published on May 8, 2025

    Baker Hughes US rig count down 3 at 584 - 05/11/2025

    International rig count for April is down by 8 from March at 891, with land rigs down 4 at 705 and offshore rigs down 4 to 186 Kristen Nelson Petroleum News Baker Hughes' U.S. rotary drilling rig count was 584 on May 2, down by three from the previous …

    Source: Petroleum News - Alaska - Indeterminate
  • Published on May 12, 2025

    Rising Demand for High-Performance Fluids Drives Growth in Drilling Polymers Market Toward USD 3.22 Billion by 2035

    UK drilling polymers market is set to grow at a 3.4% CAGR from 2025 to 2035, driven by rising oil & gas exploration and advanced drilling technologies. NEWARK, DE, UNITED STATES, May 12, 2025 /⁨EINPresswire.com⁩/ -- The global drilling …

    Distribution channels: Chemical Industry ...
  • Published on May 9, 2025

    US Oil Drillers Slow Activity As Prices Hurt, Even in Permian

    Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger - May 09, 2025, 12:21 PM CDT The total number of active drilling rigs for …

    Source: Oil Price - Neutral

06 days 04:13:30

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