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U.S. shale drilling rig-usage decreases by most in five months following record 2023 oil production

After better-than-expected production from fewer rigs in 2023, U.S. shale executives now are in the midst of slowing down amid a shrinking inventory of top-tier drilling locations, weak natural gas prices, and industry consolidation.

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Baker Hughes Posts $6.4B in Quarterly Revenue

Baker Hughes increased its quarterly revenue 12 percent year-on-year driven by the Middle East and Asia.

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U.S. Natural Gas Count Eases to 105; Oil Rigs Down Five, BKR Data Show

The U.S. natural gas rig count eased one unit lower to 105 for the week ended Friday (April 26), while a decline of five oil-directed rigs dropped the

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US Shale Drilling-Rig Usage Plunges by Most in Five Months

(Bloomberg) -- The US shale-oil sector experienced the biggest plunge in drilling activity in more than five months as explorers keep a tight hold on spending.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—and Is Spending Bi

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US Shale Drilling-Rig Usage Plunges by Most in Five Months

US Shale Drilling-Rig Usage Plunges by Most in Five Months
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Baker Hughes CEO Heralds 'The Age of Gas,' Touts LNG as Climate Solution

Baker Hughes CEO Heralds 'The Age of Gas,' Touts LNG as Climate Solution
naturalgasintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasintel.com Daily Mail and Mail on Sunday newspapers.

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Latin America Oil, Natural Gas Activity Climbs for Halliburton, SLB and Weatherford

Performance in Latin America during the first quarter proved to be strong for Halliburton Co. and Weatherford International plc, with each reporting

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Canada's middle class losing momentum as wealth gap widens

Canada's wealth gap has widened, as inflation, higher interest rates and lower property prices put the squeeze on the middle class. Read on

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Baker Hughes: Q1 Earnings Snapshot - MarketScreener

Baker Hughes: Q1 Earnings Snapshot - MarketScreener
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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