North America Goes Back to Losing Rigs, BH Shows
North America dropped two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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Trump Says He Backs Energy Permitting Bill on Eve of Vote
A bipartisan plan to speed the federal approval process for major energy and infrastructure projects received the endorsement of President Donald Trump on the eve of a key Senate vote.
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Strathcona, Greenfire Agree Oil Sands Merger
Strathcona agreed to acquire Greenfire for up to around $2.06 billion, a combination that the Canadian companies said would create an oil sands major that offers faster growth than larger rivals.
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ADNOC, SNOC to Explore Gas Partnership
ADNOC Gas and Sharjah National Oil agreed to study potential collaboration aligned with strengthening natural gas supply security in the United Arab Emirates.
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Which USA Oil Major Produced the Most in Q3 2026?
Which U.S. oil major produced the most in the third quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips?
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QatarEnergy, Chevron Expand Exploration Partnership offshore Namibia
QatarEnergy is entering into another partnership with Chevron offshore Namibia with the acquisition of a 25 percent stake in Petroleum Exploration License 82.
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Hungary's MOL Group Sees Profit Surge on Bumper Refining Margins
Hungary's state-backed MOL Group reported around $865 million in net profit for the third quarter, up 143 percent from the same three-month period last year as refining margins soared.
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Oil Experiences Sharpest Weekly Decline in Months
Crude oil experienced its sharpest weekly decline in months on Friday, Ole S. Hansen, Saxo Bank's Head of Commodity Strategy, said in a report sent to Rigzone.
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Trump Hints US Holding Back from Striking Iran
On the other hand, Rubio, Trump's secretary of state, played down the chances of rapid progress in negotiations, saying Tehran's demands to date are unacceptable.
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South Bow Q3 Profit Beats Estimates
South Bow reported $99 million in normalized net profit - its version of net profit adjusted for special items - for the third quarter, down quarter-on-quarter and flat year-on-year as Keyston Pipeline throughput dropped.