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Tag: PROD

US drilling companies shut down oil and gas rigs for second week in a row – Baker Hughes

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US drilling companies shut down oil and gas rigs for second week in a row – Baker Hughes

Aug 23 (Reuters) – U.S. energy companies increased the number of their oil and natural gas rigs in operation this week for the first time since late June, energy services company Baker Hughes (BKR.O) said.opens new tab said in his eagerly awaited report on Friday. The number of oil and gas rigs, an early indicator […]

Polish refinery Orlen reports losses in the second quarter due to tax payments and lower gas prices

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Polish refinery Orlen reports losses in the second quarter due to tax payments and lower gas prices

WARSAW, Aug 21 (Reuters) – Polish oil refiner Orlen (PKN.WA)opens new tab The state-owned company suffered a loss of 40 million zloty ($10.42 million) in the second quarter, after posting a net profit of 6.1 billion zloty in the previous year. The reason for this was tax payments on increased profits and lower gas prices, […]