Rigzone Industry News

While the IEA analysis highlighted progress in some places, on the whole it suggests oil, gas and coal producers and governments are falling short of promises to cut methane emissions.

'To capture that opportunity, we believe Woodside should prioritize adding new energy and business transformation skills.'

'President Biden continues to divide us,' Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman said.

Preliminary fluid analysis confirmed rich gas and condensate discoveries by Invictus in the Mukuyu field in Zimbabwe's Cabora Bassa basin.

India's state-run oil refiners are shying away from contracted Russian crude supply as the once-booming trade becomes much harder under tighter enforcement of US sanctions.

The Reserve Bank of India has asked the country's major state-owned refiners to press Persian Gulf suppliers to accept at least 10 percent of oil payments in rupees in the next financial year.

Russia is still the dominant supplier to India.

Rigzone speaks to oil market analysts.

One energy expert is now saying the IEA's forecasts have become politicized by its member countries' climate goals.

'We absolutely respect the right to peaceful protest,' an Energy Institute spokesperson told Rigzone.