Rigzone Industry News

Battery energy storage systems supplier Corvus has set up a U.S. battery factory to meet market demand for hybrid and zero-emission vessels.

Chevron has launched a carbon capture and storage project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, California.

China is seeking to replenish its strategic crude stockpiles with cheap Russian oil.

Chevron has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico.

Chevron has announced a partnership to explore potential lower carbon business opportunities in Indonesia with Pertamina.

California's carbon market was supposed to be a model for the US, harnessing the power of capitalism to fight climate change in the world's fifth-biggest economy.

Chinese oil buyers are spoilt for choice right now.

Panoro Energy said that the Ministry of Mines and Hydrocarbons of Equatorial Guinea has extended the Ceiba and Okume fields PSC until the end of 2040.

More than 60 percent of shareholders voted against the plan.

Clontarf Energy has acquired a 10 percent interest in Western Gas' long-awaited Sasanof-1 exploration well.