Rigzone Industry News

Germany's bill for new floating liquefied natural gas terminals is ballooning.

The average price of gasoline dropped below $3.50 a gallon for the first time since February.

'Starting next October, all our oil-product needs would be swapped for gold'.

The global oil market keeps sending up flares on the outlook for weaker demand.

Supplies to Europe would be further reduced if flows via Ukraine are halted.

Galp has informed that its Board of Directors unanimously decided to appoint Filipe Silva to the position of Chairman of the Executive Committee.

Germany inaugurated its first floating LNG terminal earlier this week. It is part of the government's plan to replace Russian gas by importing LNG.

The Gulf of Mexico continues to be an area of increasing instability, according to Dryad Global.

The International Renewable Energy Agency and its partners have defined the agenda for global industrial decarbonization.

The Group of 20 nations spent $693 billion supporting the fossil fuel industry last year, slowing progress towards global climate goals.