Rigzone Industry News

High oil prices have become a hot political issue.

Germany's race to stockpile natural gas is getting a boost from a shift in the market.

Gazprom announced that it has completely suspended gas supplies to Netherlands' GasTerra.

On May 23, heading into this Memorial Day weekend, the U.S. average retail price of regular gasoline was $4.59 per gallon, the highest inflation-adjusted price since 2012.

The Group of Seven urged OPEC to pump more oil.

US retail gasoline and diesel prices rallied to a record just ahead of the nation's summer driving season, a challenge for President Joe Biden and the Federal Reserve as they face the fastest inflation in decades.

The heads of the leading economies made the commitment after holding a video call with Ukraine President Volodymyr Zelenskiy on Sunday.

The kickoff for the realization of Gastrade's LNG FSRU in Alexandroupolis took place in the Alexandroupolis Port Customs on May 3, 2022.

One person died and one member of military personnel was injured during a gunfight, Dryad Global outlined.

Gas prices could rocket in the near term if Russia implements shutoffs to more countries.