Rigzone Industry News

Millions of barrels of Russian crude and fuels have been switched between tankers just a few miles off the coast of Greece.

The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought to stop as oil prices have stabilized.

The Baku-Tbilisi-Ceyhan pipeline mostly transports crude from Azerbaijan.

Washington is on track to telegraph support for a scaled-back drilling plan at ConocoPhillips' proposed Willow project in northwest Alaska.

Weekly flows continue to show increasing net length and open interest.

ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but the outlook for 2023 does not look so bright.

Bureau of Safety and Environmental Enforcement Director Kevin Sligh met with coastal Virginia offshore wind project representatives.

'The Chinese reopening has been negative for oil prices in the very short run'.

Bolivian gas production will decline more rapidly than expected, falling from 1,400 mmcfd in 2022 to as low as 400 mmcfd by 2030.

BP has completed its purchase of Archaea Energy, a provider of renewable natural gas for $4.1 billion.