Rigzone Industry News

Exxon Mobil Corp. Chief Executive Officer Darren Woods received a 52 percent pay increase in 2022.

Egyptian General Petroleum Corporation has signed an MoU with DNV regarding the company's net zero goals.

Enbridge Chief Executive Officer Greg Ebel indicated Permian and Western Canadian expansions will buttress growth opportunities.

Empire Petroleum Corp. reported Monday $52.9 million in revenue for 2022, up 95 percent from 2021 on higher sales volumes and prices.

Europa Oil and Gas has appointed Alastair Stuart as the COO and executive director of the company, with immediate effect.

Several energy groups have reacted to the H.R.1 bill's passage through the House of Representatives.

The move is part of the EU's drive to shift away from Russian gas after President Vladimir Putin's invasion of Ukraine.

Energean closed 2022 with a net profit of $17.3 million.

Government programs to ease energy bills drove state borrowing in the United Kingdom to $20.42 billion last month.

Equinor boosted its stake in renewable energy company Scatec.