Rigzone Industry News

Cyprus has given a Chevron-led consortium about four months to come up with a new development plan for the Aphrodite field.

Stakeholders have called the cap effectively a limit on oil and gas production for the nation.

The deal allows emissions from Cory's facilities to be stored by the Viking CCS project.

After playing the long game in Venezuela, home to the world's largest oil reserves, Chevron Corp. is being tested again.

'Next year, growth will be returning to the normal trajectory with pandemic factors fading'.

Oil extended declines to hover near a five-month low as a brief relief rally fizzled, with low-conviction trading and mounting concerns about excess supplies leaving algorithmic traders calling the shots.

Canada will require its oil and gas industry to cut emissions 35 percent to 38 percent below 2019 levels by 2030.

A Chevron-led consortium has asked Cyprus for a postponement of the start of the Aphrodite FEED.

Partners of the Global Methane Pledge have committed to over $1 billion in new grant funding to reduce methane, more than triple the current level of investment.

A few bullish signals fell short of overcoming OPEC+ sentiment hangover.