Rigzone Industry News

Anson submitted a plan to drill the Green River Lithium project in Utah.

Oil trader Pierre Andurand is riding a resurgence in crude prices.

A federal court left in place an order forcing the Biden administration to expand an upcoming sale of offshore drilling rights in the Gulf of Mexico.

The project will enable sustainable water supply delivery for Adnoc's onshore operations.

Prospects for a 4+ trillion cubic foot end of October U.S. gas inventory level have faded, according to a new BofA Global Research report.

Aker Solutions has been recontracted to provide brownfield modification services and maintenance support for the Nyhamna facility.

The acquisition marks Aramco's entry into the South American fuel retail market.

Demand may rise to 110 million barrels per day by 2030, compared to a projection of around 125 million barrels a day that Aramco expected by then back in 2010, he said.

Both CEOs see a transition in which oil continues to play a major role for decades to come.

The light oil assets were sold for $118.6 million to an unnamed buyer.