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Russia's oil-patch tax policy, along with tanking crude prices, are making the country's critical export unprofitable.
OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. Rising tensions between ...
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Arabian Gulf Business Insight on MSN11h
Adnoc Drilling expands in Oman with SLB stake
Adnoc Drilling, a subsidiary of Abu Dhabi state-backed oil major Adnoc, has bought a 70 percent share in SLB’s oil drilling business in Oman. The agreement includes six fully operational land rigs in ...
Lego Masters is back for its seventh season, “Grand Masters of the Galaxy.” Contestants from six countries will face off against Aussie teams, some of whom have never built together before. Ten teams ...
Baker Hughes said its weekly US rig count fell for a fifth consecutive week to 563 rigs, the lowest level since November 2021 ...
The number of total drilling rigs in the U.S. fell for the fifth straight week, down by 3 to 563 to the lowest level since November 2021, Baker Hughes reported.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest ...
The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.
The acquisition, expected to close in the first quarter of 2026, will give ADNOC Drilling - a unit of Abu Dhabi state oil ...
Choosing dividend stocks is not only about looking at the yield but also ensuring that the company pays regular dividends, has a high dividend growth ratio and the payment is sustainable based on the ...
These four smaller-cap companies could offer patient investors enormous returns for the rest of 2025 and beyond.