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CANRIG ROBOTICS – The Electric Rig Hand

With a 1500 kilogram load capacity, the fully electric drill floor robot automates all pipe and tool operations to reduce the need for manual labor...

Analysts expect Baker Hughes, a GE company (NYSE:BHGE) to report $0.27 EPS on January

Analysts expect Baker Hughes, a GE company (NYSE:BHGE) to report $0.27 EPS on January, 23.They anticipate $0.12 EPS change or 80.00 % from last...

Oil falls below 50 – The OPEC+ Russia cuts still not doing much to...

Oil prices fell more than 2 percent on Monday, with U.S. crude tumbling below $50 a barrel, on signs of oversupply in the United States

Cheap Oil is no longer a good thing for the U.S Economy

Previously, the decline in oil prices was definitely beneficial to the American economy, but now the situation is more complicated and this principle no...

U.S. Well Services Finalizes Third Electric Frac Fleet Contract with Apache Corporation

U.S. Well Services Inc. (NASDAQ: USWS) today announced that it has signed an electric frac fleet contract with Apache Corporation. Under the terms of...

Oil Prices Climb as OPEC members and Russia allies agreed to reduce output

The Crude oil soared 2.18% and settled at $52.61 per barrel after OPEC agreed to cut production by 1.2 million barrels per day during...

Feds Discover Largest Oil, Natural-Gas Reserve in History

  • The federal government has discovered a massive new reserve of oil and natural gas in Texas and New Mexico that it says has the “largest continuous oil and gas resource potential ever assessed.”
  • The Delaware Basin contains an estimated 46 billion barrels of oil, 281 trillion cubic feet of natural gas and 20 billion barrels of natural gas liquids.
  • U.S. Is Now A Net Oil Exporter After 75 Years

    The U.S. has become the world's top fuel supplier. 📰

    Fourth-quarter North America Hydraulic Fracturing Is Way Down

  • Oilfield services provider warned of steeper-than-expected price declines in hydraulic fracturing.
  • US is on its way to Trump’s goal of ‘energy dominance

  • Marathon Petroleum Corp. Chairman and CEO Gary Heminger opines on the United States' place in global energy markets in an interview with CNBC's Jim Cramer.
  • Heminger says "we are well on our way" to becoming the world's leading energy producer.
  • The CEO also reveals his price target for West Texas Intermediate crude oil in 2019.
  • Russia And Canada Ready To Reduce Crude Oil Output, Oil Price , Stocks...

    Premier Rachel Notley announced Sunday that the province will mandate a cut to oil production of 325,000 barrels per day in a bid to reduce a glut in storage and ease a massive price differential for western Canadian oil.

    AMP Capital Investors Ltd cut its position in shares of Schlumberger Limited

    AMP Capital Investors Ltd cut its position in shares of Schlumberger Limited. (NYSE:SLB) by 22.5% in the third quarter, according to the company in...

    Liberty Oilfield Services (NYSE:LBRT) Lowered to “Strong Sell” at ValuEngine

    Liberty Oilfield Services Gets a  “Strong Sell” at ValuEngine Liberty Oilfield Services (NYSE:LBRT) last announced its quarterly earnings results on Tuesday, October 30th. The company...

    SPM® QEM 3000 Frac Pump continues to yield unsurpassed results

    one of the world’s largest suppliers of pressure pumping equipment to the upstream market, today announced its SPM® QEM 3000 Frac Pump continues to yield unsurpassed results and savings in the field as it looks and performs like new after 3,200 hours of field-proven use in extreme conditions in the winter months in the Duvernay and Montney Shale Play in Alberta Canada.
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