US oil-rig count posts first increase in 3 months

One week after hitting an all-time low in recorded data, the overall US drilling rig count posted its smallest decline of the year thus far, reflecting the first rise in oil-directed rigs in 12 weeks. Source: News


Indian firms joining Rosneft for field work

Rosneft has signed several participation agreements with Indian oil companies expected to boost development of large oil and gas-condensate fields in eastern Siberia. Source: News