BHI: US drilling rig count falls to 650, down 14 units

A week after beginning the year with its largest decline in months, the US drilling rig count dropped 14 units to 650 during the week ended Jan. 15, according to data from Baker Hughes Inc. Source: News


Rosneft, BP to restructure German refining JV

Russia’s OJSC Rosneft has entered a deal with BP PLC to dissolve their Ruhr Oel GMBH (ROG) joint venture as part of a plan by the companies to restructure their refining and petrochemical businesses in Germany. Source: News


API establishes program to certify quality systems auditors

API Global, the American Petroleum Institute’s Global Industry Services department, established a new and comprehensive Auditor Certification Program. It will be the first such program to be developed by industry experts, the national oil and gas trade association said. Source: News


Analyst sees ‘rising threat’ to Libyan oil

Attacks on energy facilities on Libya’s coast indicate a “severe and rising threat” and raise prospects for further disruptions to oil supply, warns a risk analyst at JLT Specialty, London. Source: News