Rigzone Industry News

The funding will help states support industry efforts to cut methane emissions from wells on nonfederal lands and support environmental restoration of well sites.

The province of Newfoundland and Labrador has allowed ExxonMobil to exploit sands that were not part of the original plan.

The U.S. Energy Information Administration cut its WTI spot average price forecast for this year and next year in its latest short term energy outlook.

EOG Resources made several promotions following the retirement of Executive Vice-President and COO Timothy K. Driggers.

The pilot plant aims to obtain data on the performance and operability of carbonate fuel cell technology.

'Upside will be limited'.

Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.

The U.S. Energy Information Administration cut its Brent oil price forecast for 2023 and 2024 in its latest short term energy outlook.

Exxon Mobil Corp. introduced a new compensation policy that would pay some traders cash bonuses.

'A new group of weatherization inspectors have completed the Certified Weatherization Inspector program and will immediately be deployed into the field'.