Rigzone Industry News

The legislation is backed by Senate Majority Leader Chuck Schumer, House Speaker Nancy Pelosi and other leading Democrats.

The Government of Guyana has received its first entitlement lift of the Unit Gold crude from the Liza Unity FPSO.

Activists from Greenpeace Nordic in kayaks and boats blocked the oil tanker Ust Luga preventing it from offloading Russian oil into the port.

The world's demand for natural gas is set to decline slightly in 2022 due to higher prices and market disruptions caused by Russia's invasion of Ukraine.

Wood has secured a three-year contract with Gassco to support the secure transportation of gas from the NCS to terminals across the UK and Europe.

The green ammonia market is anticipated to advance at a rate of 90pct over the next decade, according to a report by Future Market Insights.

Germany will step in if gas-storage operators fail to fill facilities sufficiently to comply with new requirements.

Surging prices and the EU's goals of becoming less dependent on Russia will catapult global energy spending this year to $2.1 trillion.

Germany is aiming to halve imports of Russian oil by mid-year, Der Spiegel magazine reported, citing an Economy Ministry paper.