Rigzone Industry News

Standard Chartered analysts think positioning in oil is now short enough to be price positive.

The oil industry's biggest party is properly returning to London for the first time since the pandemic.

A recent study has found that liquefied natural gas infrastructure could accelerate the global transition toward a hydrogen economy.

Lukoil has reached 50 million tons of liquid hydrocarbon production in the Russian sector of the Caspian Sea.

Rigzone's regular market watchers focus on inventory trends, China's reopening, the Strategic Petroleum Reserve and more.

Lukoil, the second largest oil and gas company in Russia after Gazprom, has sold the ISAB company to a Cyprus-based company backed by Trafigura.

Louisiana and Texas are set to gain thousands of energy jobs in the first part of 2023, LSU said in its 2023 Gulf Coast Energy Outlook.

Rex International's Norwegian subsidiary Lime Petroleum has completed the acquisition of a stake in Repsol's Yme field offshore Norway.

Long-duration storage energy projects around the world have attracted more than $58Bn in commitments made by governments and companies since 2019.

The development 'promises to usher in a new era of prosperity and stability in the Middle East'.