Rigzone Industry News

Oil slumped to the lowest price since the war in the Middle East began as Israel faces growing pressure to limit its bombardments to help hostage negotiations, keeping the conflict limited entering its fourth week.

Oil surged the most in two weeks after Israel's military said it was “expanding ground activity” in Gaza this evening, reviving concerns about the conflict spreading more broadly.

Between 0.2 million and 0.5 million standard cubic meters of recoverable oil was proven in connection with drilling well 31/4-A 13 E.

'If you have the word 'refinery' anywhere in your title, you're not going to get finance'.

Brent volatility has risen to a five-month high, according to analysts at Standard Chartered.

OMV will supply Ryanair 500 metric tons of SAF for the airline's operations at Vienna Airport.

Oil rose as Israel's preparations for a ground invasion of Gaza revived concerns about the conflict disrupting supplies from the Middle East.

Oil closed at the lowest in more than a week amid signs the crude market's tightness has slackened and the Israel-Hamas war will remain contained for the time being.

The Cape May county government is leading a lawsuit against USA federal agencies alleging disregard for environmental diligence in the approval of Ocean Wind 1.

Oil plunged the most in more than two weeks amid signs Israel is rethinking the scope of a potential invasion of Gaza, at least temporarily containing the conflict in the Middle East.