Rigzone Industry News

Global oil demand is expected to rise 2.2 MMbpd to 102.1 MMbpd in 2023.

The project is planned to meet about 10 percent of the local demand for oil products.

Germany has awarded rights to build offshore wind electricity plants toward a target of 30 gigawatts by 2030, raising over $14 billion.

The Gulf of Mexico saw an increase in piracy incidents in 2022 compared to 2021, according to Dryad Global Analyst Andrea Peniche Cobo.

The SEFE-Venture Global deal is touted to make the USA company Germany's biggest LNG supplier.

TotalEnergies has signed a deal with VNG for the delivery of green hydrogen to the Leuna refinery as decarbonizing efforts continue.

LEAG is building a renewable energy system at its Boxberg coal-fired power plant as part of its 'transformation into Germany's Green Powerhouse'.

TotalEnergies' boss decried 'unfair' accusations of greenwashing and 'radical positions amplified by social networks'.

Gibson signed a deal to buy Buckeye's South Texas Gateway Terminal for $1.1 billion.

The UK's Grain LNG terminal hit a new utilization record of nearly 45 percent.