Baker Hughes Company Announces Second Quarter 2020 Results

U.S. Rig Count is down 2 rigs from last week to 251, Canada Rig Count is up 10 rigs from last week to 42

U.S. Rig Count is down 5 rigs from last week to 253, Canada Rig Count is up 6 rigs from last week to 32

Наша ключевая задача сегодня – на основе наработанных компетенций стимулировать дальнейшее внедрение в отраслях ТЭК технологий, способствующих укреплению их конкурентоспособности на мировых энергетических рынках.

Frederico Justus, President, International Operations, Weatherford, noted, “This joint operation with IDC is an honor for Weatherford. Together, IDC and Weatherford will work as one team, providing project management solutions that deliver efficient and effective execution of the contract.”

Renewables by themselves "cannot ensure the reliable flow of electricity in any nation".

Crude oil production from the major US onshore regions is forecast to decrease 56,000 b/d month-over-month in July from 7,546 to 7,490 thousand barrels/day, gas production to decrease 712 million cubic feet/day from 80,266 to 79,554 million cubic feet/day .

The fact that we are seeing 20% to 30% capital cost cuts this year quite radically means that we will face huge volatility in the future, because these are supplies that will not be coming on time when demand will recover.

PAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the second quarter and first half 2020.

U.S. Rig Count is down 5 rigs from last week to 258, Canada Rig Count is up 8 rigs from last week to 26

Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета прогнозируется в июле 2020 года в размере - 47,8 млрд руб.

U.S. oil and gas extraction businesses shed 1,200 jobs last month.

The worldwide rig count for June 2020 was 1,073, down 103 from the 1,176 counted in May 2020, and down 1,148 from the 2,221 counted in June 2019.

U.S. Rig Count is down 2 rigs from last week to 263, Canada Rig Count is up 5 rigs from last week to 18

About 20% of U.S. energy consumption in 2019 came from sources other than fossil fuels