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Oil and gas

PSX rangebound: BRIndex100 slips

PSX rangebound: BRIndex100 slips

KARACHI: Pakistan Stock Exchange Friday closed on a negative note due to selling in various sectors as investors...
Published 23 Jan, 2021 03:56am
Wintershall Dea says good time for shareholders' 2021 IPO plan
Markets

Wintershall Dea says good time for shareholders' 2021 IPO plan

  • We see indeed positive signals from raw materials prices, equity markets and the macro-economy, which are all strengthening.
  • Earnings before interest, tax, depreciation, amortisation, and exploration expenses, a standard oil industry measure, (EBITDAX), however, fell 44% in Jan-Sept 2020.
Published 15 Jan, 2021 07:24pm
US drillers add most oil and gas rigs since January: Baker Hughes
Markets

US drillers add most oil and gas rigs since January: Baker Hughes

  • The oil and gas rig count, an early indicator of future output, rose 15 to 338 in the week to Dec. 11, energy services firm Baker Hughes Co said.
  • US oil rigs rose 12 to 258 this week, while gas rigs rose the most in a week since April 2019, gaining four to 79.
Published 12 Dec, 2020 12:22am
US drillers add oil and gas rigs for 11th week in 12: Baker Hughes
Markets

US drillers add oil and gas rigs for 11th week in 12: Baker Hughes

  • The oil and gas rig count, an early indicator of future output, rose three to 323 in the week to Dec. 4, energy services firm Baker Hughes Co said.
  • The number of operating rigs has surged since August, when it hit a record low of 244, according to Baker Hughes data going back to 1940.
Published 05 Dec, 2020 12:33am