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Baker Hughes, oil and gas rig

US drillers cut oil and gas rigs to lowest since Dec 2021, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely followed report on Friday.

Midland Reporter-Telegram on M… · 10h

US drilling activity hits lowest level since December 2021, Baker Hughes reports

Drilling activity slumped for a second consecutive week, falling to the lowest level since December 2021. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was down four rigs to 580 rigs.

Seeking Alpha on MSN · 13h

U.S. oil and gas rig count slides to lowest in more than three years

The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 580 to its lowest level since December 2021, Baker Hughes said Friday in its latest weekly report, after declining by 5 in the previous week.

BP cutting 4,700 jobs

Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

The Associated Press on MSN · 1d

BP cutting 4,700 jobs worldwide as part of cost-saving drive

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

U.S. News & World Report · 1d

BP Cuts Over 5% of Workforce to Reduce Costs

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 employees and 3,

Here's what's behind Russia cutting off its last gas line to Europe

Ukrainian transit gas deal to Europe ended on Jan. 1. For now, the most acute effects are being felt in a region called ...

CNN on MSN11d

Thousands without heating in Moldova’s breakaway Transnistria region, after Russian gas supplies cut

The head of Moldova’s breakaway region Transnistria has urged residents to burn firewood for heating and warned that ...

Crude Oil Prices16h

BP Slashes Jobs, Bolsters Oil & Gas Operations

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

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