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US OIL RIGS
Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...21 May, 2026, 10.15 AM IST- Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spillThe Trump administration is merging two agencies that were split after the 2010 Gulf oil spill. This move aims to boost efficiency and expe...04 Apr, 2026, 07.01 AM IST
- Oil eases on resuming US output after storm, rising rig countAs U.S. Gulf Coast production and refining activity resumes, investors have opted to offload oil contracts going into the weekend, said Bob...14 Sep, 2024, 10.01 AM IST
- Drillmec India bags oil rig orders worth $1.5 billion from Oil India & ONGCThe US$ 1.57 Billion order book was achieved on the basis of orders from Oil India Ltd amounting to $ 143 million for five land based oil d...17 Aug, 2022, 03.00 PM IST
- Vaccination rollout and rising fuel demand to help crude touch $52 in near termOPEC+ will further ease its supply restrictions in January by adding an extra 500,000 barrels per day, although the easing is more gradual ...17 Dec, 2020, 06.25 PM IST
- Oil prices steady amid signs of demand coming back after coronavirusUS oil rigs contracted for drilling dropped by 10 to 189 last week.23 Jun, 2020, 06.59 AM IST
- Brent crude may fall towards $60 level if Iran-US tensions easeIranian oil exports remain at historic lows as Tehran is shunned by global refiners.26 Jun, 2019, 08.59 PM IST
- US oil output is rising, that doesn’t mean price will fallAfter bottoming out in May 2016 after oil prices had fallen below $30 a barrel, the number of US oil rigs has almost tripled.21 May, 2018, 11.50 AM IST
- Opec’s plan to boost oil prices is in troubleThe group sees demand growth only lifting by 1.62 million barrels per day this year.16 Mar, 2018, 12.15 PM IST
- Essar Oilfield Services eyes 20% jump in revenues next fiscalThe company, which owns 16 rigs used for drilling of oil and gas, is expected to end the current fiscal with a revenue of Rs 300 crore, up ...14 Jan, 2018, 12.07 PM IST
- Soaring crude prices boost guar gum exportsPrices of guar gum have risen 15 per cent since October.29 Dec, 2017, 12.07 PM IST
- Fundamentals unsupportive, crude oil likely to fall furtherUS oil rig count increased for a 22nd straight week, rising by 6 to 747 and has doubled year-on-year.23 Jun, 2017, 07.37 PM IST
- ONGC expensive rig hiring plans trigger speculationONGC is in the process of hiring expensive high specification rigs for jobs that can be done by the much cheaper standard rigs, triggering ...10 Dec, 2015, 04.00 AM IST
- Oil prices rise on lower US rig count although China still worriesOil prices rose as the number of US rigs fell for a sixth straight week, while investors waited for Chinese trade data to be published late...12 Oct, 2015, 01.18 PM IST
- ONGC swamped with offers for hiring deep sea rigs, expects charter rates to come downONGC has been swamped with offers in a tender it floated for hiring five deep sea rigs for its KG-basin gas block campaign.28 Sep, 2015, 03.31 AM IST
- BHEL receives orders worth Rs 900 crore from ONGCBharat Heavy Electrical Limited (BHEL) has received orders worth Rs 900 crore from Oil and Natural Gas Commission (ONGC) to supply six on-s...07 Jan, 2010, 07.43 PM IST
- Texas firms expanding sale, manpower from export to IndiaWhen businesses in the US are facing liquidity crisis, two small companies from Texas are not only recruiting people but also expanding sal...13 Dec, 2008, 09.16 AM IST
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