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November 25, 2018

Trump’s quest to drive down oil prices turns the screws on American drillers

Business, Crude Oil Prices, Politics

After a stunning plunge in the price of oil over the last seven weeks, President Donald Trump has rooted for oil prices to fall even further.

Yet the U.S. oil and gas industry, a pillar of Trump’s political base, might be decidedly likely less enthusiastic.

News
November 24, 2018

The U.S oil boom is now hitting the market / Justices to Decide Whether Rule of Capture Applies to Fracking

News

The U.S oil boom is now hitting the market, thanks to (frac) fracking, it has stunned global energy markets. The U.S. has already leapfrogged both…

News
November 20, 2018

Russia’s energy ministry is discussing potential oil production cuts

Crude Oil Prices

Russia’s energy ministry is discussing potential oil production cuts with local producers and will continue the production cut talks to come up with a position…

News
November 17, 2018

North Dakota oil industry is likely to slow down in upcoming months

Brent Crude, Drilling

Falling prices are a key reason for a decline in the oil-rig count in North Dakota from 67 in October to 62 currently, Helms said….

News
November 17, 2018

CIA: Saudi Crown Prince Mohammed bin Salman ordered the assassination of journalist Jamal Khashoggi

OilField, Politics

The CIA has determined that the Oil rich Saudi Crown Prince Mohammed bin Salman ordered the assassination of journalist Jamal Khashoggi, The Washington Post reported…

News
November 16, 2018

Russian Crude Is highly valued by Asian refiners for its strong middle distillates yield

OilField

 Spot premiums for Russian crude oil grades Sokol and ESPO Blend sold in Asia stayed firm on Friday, supported by strong demand for crude that…

News
November 15, 2018

Drilling Rig On 100% Natural Gas- 6MWs

Drilling
News
November 15, 2018

Walking Rig Demonstration

Drilling Rig
News
November 15, 2018

The Ex Chief executive of Calvin Klein ‘Tom Murry’ Talks about his time as a Rig Hand

News

Business Lessons Learned On An Oil Rig It’s not every day that you get to hear about a CEO who oversees a fashion brand which…

News
November 14, 2018

GE to sell “101.2 million shares” $4 billion stake in Baker Hughes oilfield services

Baker Hughes

Under the deal, the Boston-based industrial conglomerate will sell up to 101.2 million shares on the market and Baker Hughes will repurchase another 65 million…

News
November 14, 2018

Liberty Oilfield Services Fire At Frac Location – Colorado

Liberty Oilfield Services

Ron Gusek of Liberty Oilfield Services says the fire was in a truck equipped to pump water. He says the fire department is investigating the…

News
November 14, 2018

Roughnecks at Work – Drilling Rig Pipe Connection

Entertainment
News
November 14, 2018

ProPetro Holding Announces Acquisition of Pumping Services Assets from Pioneer Natural Resources

Pioneer Natural Resources, ProPetro

Pioneer Natural Resources selling pressure pumping business for $400M ProPetro Holding Announces Acquisition of Pumping Services Assets from Pioneer Natural Resources and Long-Term Service Agreement…

News
November 14, 2018

Liberty Frac Stock is another oilfield service company losing with the crude price drop

Business, Commodities, Liberty Oilfield Services

Summary Results and Highlights Revenue of $559 million and net income1 of $66 million, or $0.49 fully diluted earnings per share, for the quarter ended…

News

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