Rigzone Industry News

The DOE has selected nine candidates for Renew America's Nonprofits grant.

Baker Hughes reported a net income of $518 million for the third quarter, compared to a net loss of $17 million in the prior-year period.

The billionaire Perrodo family collected an almost $900 million windfall from UK operations.

For a second straight year, banks are making more money providing loans and underwriting bond sales for green-related projects than they're earning from fossil fuel companies.

The DOE has selected 58 projects across 44 states for potential funding totaling up to $3.46 billion to improve grid reliability.

The Tarantula Deep 1 well intersected a 206.7-foot (63-meter) gross section of high-quality Kingia Sandstone reservoir.

The Biden administration has earmarked $7 billion to support the building of clean hydrogen production centers across the country.

The financing will aid the company in scaling up production at its facility in Rotterdam.

Bulgaria now charges $10.76 per mWh of Russian gas.

Buru awarded a pre-FEED contract for the Rafael gas discovery.