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


Explosive munitions strike In Salah gas plant in Algeria

Explosive munitions struck the In Salah gas plant in Krechba, Algeria, early Mar. 18. No injuries were reported, but operators shut down the central processing facility as a precaution. Source: News