Rigzone Industry News

BP Plc said it will pause all its oil tanker shipments through the Red Sea following an escalation of attacks on merchant shipping by Houthi militants.

BP dismissed former CEO Looney after an inquiry found that he knowingly misled the board about former relationships with colleagues.

The number of lease sales in US federal waters for 2024-29 has been cut from 47 to three.

The number of lease sales in US federal waters for 2024–29 has been cut from 47 to three.

'This infrastructure has a strategic importance for both Serbia and the European Union'.

A US court charged a Bosnia and Herzegovina citizen on suspicion of aiding the escape of a Putin ally who led an oil smuggling scheme.

BP signed a deal to acquire the 50.03 percent ownership share in Lightsource BP that it does not already own.

Brazil will start the process of joining the OPEC+ alliance this January.

The U.S. Bureau of Land Management is seeking public comment for several oil and gas lease sales in the United States, the organization's site shows.

Baytex has entered into a definitive agreement to sell certain of its Viking assets located at Forgan and Plato in southwest Saskatchewan, for $113.23 million (CAD 153.8 million).