Bloomberg The US oil producers added rigs for the seventh week in a row, the longest period of expansion since the final days of the drilling boom in early 2014. Rigs targeting crude in the US rose by 15 to 396, after seven were added last week, Baker Hughes Inc. said on its website Friday. Explorers have now added ...

  Bloomberg First, Brazil cancelled plans for one of its two planned energy auctions this year because the weak economy is dragging down demand for power. Now that event is back on the schedule and the government may organize a third, because the same economic factors are delaying power projects already under development. The size of the auctions hasn’t been ...

  Reuters Bahrain-based Investcorp is aiming to make one to two new investments in the next year in each of its regions of the United States, Europe and the Gulf, Co-Chief Executive Rishi Kapoor said on Thursday. The investments will help contribute to Investcorp’s goal of more than doubling its assets under management in the next five to seven years ...