Rigzone Industry News

The Church of England is quitting oil and gas companies citing their climate failure, though it hopes for a return.

The Church of England is quitting oil and gas companies citing their climate failure, though it hopes for a return.

China's Cnooc Ltd is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corp.

Oil is stabilizing with the summer season demand indicators appearing in earnest.

Civitas Resources has announced that it will enter the Permian Basin through 'transformative transactions'.

China National Petroleum Corp. cut its forecast for the nation's oil demand this year.

China agreed another decades-long liquefied natural gas deal with Qatar.

Criterium is set to acquire MOPL, which holds oil and gas assets in Indonesia.

While gas prices are expected to be subdued as 2023 ends, 'all 2024 private sector forecasts predict a return to stronger prices'.

Equinor said the world cannot expect to fulfill the Paris Agreement if current trends in government policy and industry practice remain.