Rigzone Industry News

The Iowa Utilities Board approved the Summit Carbon Solutions base pipeline project.

Intrepid Investment Management created a partnership with Meritz Securities to pursue credit investments in the North American energy sector.

India is reportedly in talks with Equinor for its participation in the country's strategic petroleum reserves, as well as for long-term LNG deals from the company's US and Qatar portfolios.

The IEA forecast a surplus petroleum production of up to eight MMbpd by 2030 as cleaner transport and electricity generation drive a decline in demand while non-OPEC countries continue to grow output capacity.

'We expect economic growth, jobs, and energy to be at the heart of all the major parties' plans', OEUK CEO David Whitehouse said.

Iraq expects to soon reach a final agreement with Kurdistan and international oil companies there to restart oil exports.

Ithaca Energy plc announced several changes to its top brass.

INA completely weaned itself off of Russian crude in 2019, and now imports fuel mostly from Azerbaijan, Greece and Italy.

With the inauguration of its second operational plant and the completion of the photovoltaic plants, Iberdrola said it expects to have an operational capacity of 400 MW in Italy by 2025.

UK Prime Minister Rishi Sunak announced that a general election will take place in the country on July 4.