Rigzone Industry News

Egypt aims to boost exports of liquefied natural gas by roughly 40 percent from 2025.

'Rising electric vehicle sales will eventually level off gasoline and total transportation fuel demand over the medium term'.

China's daily oil imports from Russia could increase by as much as 500,000 barrels this year to about 2.2 million barrels.

Even though the EU lead the energy transition, it is now in the position of catch-up to secure sustainable energy to its citizens.

The global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter.

ExxonMobil has announced fourth-quarter 2022 earnings of $12.8Bn, resulting in full-year earnings of $55.7Bn making it a record year for the company.

Eni and Libya's National Oil Corporation have signed an $8 billion gas production deal.

Ecopetrol SA bond prices fell after the company said Felipe Bayon will step down as chief executive officer.

Iranian crude shipments have surged in recent months.

Energean has closed a landmark year of 2022 with a 48 percent jump in revenues compared to 2021.