Rigzone Industry News

The modernization of the grid will 'significantly reduce fossil fuel imports' while accelerating the decarbonization of Europe's economy.

Eni set an option to raise the buyback package to up to $3.8 billion depending on 'upside scenarios'.

The initial estimated size of the discovery is at most 3.5 MMcf.

The work is part of a five-year contract awarded to Promethean Energy by the BSEE to decommission orphaned offshore wells.

The U.S. Energy Information Administration's latest fuel update showed that the U.S. regular gasoline price is in a declining trend.

'The updated gas market framework gives Member States the possibility to stop or limit imports of both piped gas and LNG from Russia and Belarus'.

Galp shares jumped 21 percent after the company said in April that a well test 'potentially' indicated Mopane could be an important commercial find in Namibia.

Eni secured $210 million in financing from the Italian government and the World Bank to grow its production of mainly oilseed-based biofuels in Kenya.

Crescent Energy and SilverBow have entered into a definitive agreement pursuant to which Crescent will acquire SilverBow in a transaction valued at $2.1 billion.

The U.S. Energy Information Administration revealed its latest Henry Hub gas price forecasts for 2024 and 2025.