Oil prices fall on expected climb in US production
Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days…
Browsing Tag
drilling
Oil prices firm on strong demand, political uncertainty in Syria
Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another…
Oil drops as US drilling offsets talk of OPEC-led cut extension
Oil prices fell on Monday as rising U.S. drilling activity outweighed talks that an OPEC-led production cut…
Obama bans oil drilling ‘permanently’ in millions of acres of ocean
Outgoing US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of…
Eni-BP deal not to ‘harm’ drilling works at Zohr field: sources
The drilling works at Egypt's giant gas field Zohr would not be hurled by Italy's Eni deal with BP to sell 10…
Italy’s Eni finishes drilling Zhor-6, starts works at Zohr-7: Egypt’s Oil
Italian energy group Eni finished drilling the sixth filed in Egypt's Zohr gas field and started drilling Zohr-7…
Eni to start drilling 6th well in Egypt’s Zohr field with $4bn
Italian energy giant Eni is set to start drilling the sixth and last gas well in Egypt's Zohr field in the…
Eni, BP complete drilling of second well in South Baltim
The Italian company Eni and the British company BP have finished drilling two wells in the South Baltim field,…
Oil down 3 percent as U.S. drillers add rigs, strong dollar weighs
Oil prices settled down 3 percent on Friday after data showing the U.S. oil drilling rig count rising for a second…
Egypt to boost oil drilling rates by signing 10 new agreements
Egyptian petroleum sector is currently finishing a number of agreements to boost rates of oil and gas exploration…