Rigzone Industry News

The new tariffs under President Biden may be a case of history repeating, Xeneta's Chief Analyst said.

Lula reportedly plans to nominate the former head of Brazil's oil and gas regulator to be Petrobras' new CEO.

The Transportation Department said extensive environmental reviews are already required to obtain a license for a deepwater port.

The Biden administration raised the price it's willing to pay to refill the country's emergency oil reserves.

The move will not involve 'any change to the ultimate control of the business'.

Payouts from the world's biggest international oil companies hit a record $114 billion last year.

Talks are underway involving Argentina, Bolivia and Paraguay, exploring several routes for importing Vaca Muerta gas.

Beach Energy said it is on track to deliver a 30 percent headcount reduction.

A new regulation will force coal plants to capture nearly all of their CO2 emissions - or close - by 2039, with similar pollution cuts for many of the new gas-fired plants built to replace them.

Baker Hughes increased its quarterly revenue 12 percent year-on-year driven by the Middle East and Asia.