Rigzone Industry News

The agreement 'will pave the way for European renewable energy companies to tap the huge wind power potential of Azerbaijan'.

Singapore picked a CCS partnership between ExxonMobil and Shell to develop a cross-border project with a capacity to capture and store 2.5 MMtpa of CO2.

The Energean Power floating production storage and offloading unit (FPSO) now has four production wells in operation.

Equinor's 810-MW Empire Wind 1 and Orsted's 924-MW Sunrise Wind will be the largest power generation projects in the state in over 35 years once they enter operation in 2026.

Offers from international natural gas suppliers exceeded volumes placed by buyers in the EU by nearly three times in the first tender for the new AggregateEU.

'European storage is at risk of hitting tank tops before the beginning of the heating season'.

'Chevron and Hess are engaged in constructive discussions with ExxonMobil and CNOOC regarding the applicability of a right of first refusal'.

Electricity prices in Spain slumped to almost nothing as the nation's wind and solar parks are churning out more power than ever.

It's rare for disputes between any of the world's supermajor oil companies to spill out in public.

The company's adjusted net income for the fourth quarter of 2023 was $1.78 billion, or $3.07 per share, compared to $1.94 billion, or $3.30 per share, in the previous-year quarter.