Rigzone Industry News

This is a reversal of a trend of significant increases in EU energy imports between 2021 and 2022.

Equinor has submitted declarations of commerciality and development plans to Brazil for two development areas in the BM-C-33 concession in the Campos Basin.

The EU has opened another round for companies to register their gas purchase needs for potential supply by the international market.

Eni has mobilized provision of supplies, rescue teams, and critical equipment to support the people of Libya affected by devastating floods.

The EU has adopted an energy efficiency directive mandating member countries to curb energy consumption by 11.7 percent by 2030.

ExxonMobil has launched two new chemical production units at its manufacturing facility in Texas.

Equinor expects to recover 27.7 MMboe, mainly gas, in Eirin.

The planned biorefinery would have a throughput capacity of about 400,000 tons.

Element Technical Services will acquire all the issued and outstanding common shares of Essential Energy Services in an amalgamation agreement.

The U.S. Energy Information Administration has raised its U.S. diesel price forecast for 2023 and 2024.