Rigzone Industry News

LNG shipments to China rose 12 percent in 2023 to nearly 71 million tons.

Chevron recognized an accounting hit of up to $4 billion from impairments of upstream assets and losses related to sold production properties in the US.

China unveiled a new national company and formed a broad coalition of industrial giants to advance research in nuclear fusion technology.

Canacol put onstream another gas well in Colombia's Pandereta field, and expects to ramp up production this month.

Crescent Point completed its acquisition of Hammerhead Energy for a total consideration of approximately $1.86 billion.

Capricorn Energy PLC has come to an agreement regarding the final settlement of subsequent payment terms for the divestment of its interests in the Catcher and Kraken fields to Waldorf Production UK PLC.

Colombia's government is asking the Constitutional Court to review the impact of its ruling against the ban on fossil fuel companies deducting royalty payments from the corporate tax.

CNX cited government support uncertainty and disagreement with partners over commercial terms.

Mainland China's unconventional gas production is taking off, according to BMI, a Fitch Solutions company.

'The current spate of attacks has led the U.S. to establish an extended maritime security mechanism'.