Oil Dips as OPEC+ Starts to Unwind Cuts
Oil edged below $40 a barrel in New York as OPEC and allied producers started supplying more crude to a global market where many countries are still struggling to contain the coronavirus.
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Halliburton Launches Innovation Lab
Halliburton has announced the creation of Halliburton Labs.
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Libya NOC Calls for Demilitarization of Oil Assets
Libya's National Oil Corporation has called for the 'demilitarization' of oil facilities.
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Oil Prices Up for the Month
Oil posted a gain in July, boosted by a steadily weakening dollar and OPEC's restraint on production.
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Baker Hughes Reports Flat US Rig Count
The number of rotary drilling rigs operating in the United States stood at 251 for the second week in a row, Baker Hughes Co. reported.
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Offshore Drilling Contractor Files Chapter 11
Noble Corp. plans to cut more than $3.4 billion of debt.
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GM Plans National EV Charging Network
The automaker plans to spend $20 billion developing electric and autonomous vehicles.
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Oil Inventory Data Prompt Reminiscing
Rigzone panelists offer their insights on the top oil market hits and misses for the week ending July 31, 2020.
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Investors Eye $6.5B India Refiner Privatization
The planned $6.5 billion sale of the Indian government's stake in Bharat Petroleum has lured several global oil majors.
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Exxon and Chevron Post Historic Losses
Exxon Mobil Corp. and Chevron Corp. posted the worst losses in a generation.