Drilling

JSE-listed Master Drilling achieved 31.7% growth in revenue in the full-year to December 2022, taking it to a record high of $226.4 million in US dollar terms, while its operating profit rose 26% to $35.1 million. The provider of drilling…

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By JONATHAN J. COOPER - Associated Press TEMPE, Ariz. (AP) — Recent moves by President Joe Biden to pressure TikTok over its Chinese ownership and approve oil drilling in an untapped area of Alaska are…

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Breadcrumb Trail Links PMN Business When Russia announced last week that it would cut oil production by half a million barrels a day in retaliation against Western sanctions, there was skepticism about whether it was really…

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Susan Montoya Bryan Published Feb 02, 2023  •  3 minute read Join the conversation Article content ALBUQUERQUE, N.M. (AP)…

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Los Angeles had oil wells pumping in its neighborhoods when Hollywood was in its infancy, and thousands of active wells still dot the city. These wells can emit toxic chemicals such as benzene and other irritants into the air, often…