Rigzone Industry News

The European Commission cleared under state aid rules the Czech Republic's financial backing for a 1,200 MW nuclear power plant.

'Key considerations include the assessment of environmental liabilities, adherence to regulatory requirements, and industry best practices'.

Independent oil and gas exploration and production company Marathon Oil Corporation reported a net income of $297 million for the first quarter of 2024.

NOG's first-quarter production was 119,436 barrels of oil equivalent per day (boepd), an increase of 37 percent from the first quarter of 2023.

'Norway is at the forefront of efforts to promote commercial CO2 storage'.

A local accountability watchdog has dragged NNPC to court accusing the national oil and gas company of failing to remit billions of oil money to the state.

North America lost 15 rigs week on week, according to Baker Hughes.

Venture Global LNG Inc. expects to begin production at its second liquefied natural gas export facility in Louisiana in mid-2024.

The projects add a combined 32,000 bpd to Nigeria's output capacity.

HyFuels is 'ideally situated to serve the petrochemical industry, ensuring Texas remains the global leader in this essential industry'.