Rigzone Industry News

'The market had been bracing for this scenario', analysts at FGE said.

Oil retreated from session lows as traders await Israel's response to an unprecedented attack from Iran.

Andrew Jamieson is set to step down as CEO of renewables research organization ORE Catapult at the end of 2024.

Oil rose as Israel braced for a possible attack from Iran, a development that would threaten major disruptions in a region that accounts for a third of the world's crude output.

Oil gave up the previous day's gains as swelling US stockpiles overshadowed the possibility of an attack on Israel by Iran or its proxies.

Oklo is proposing to provide its Aurora powerhouse technology to supply reliable and emission-free electricity.

Oil reversed earlier losses and quickly moved higher after it was reported that the US and its allies believe major missile or drone strikes by Iran or its proxies against military and government targets in Israel are imminent.

Oil fell to settle near $85 a barrel, dropping from a five-month high alongside lower equities, as traders assessed diplomatic efforts in the Middle East.

PEMEX revealed that a fire broke out on one of the platforms of the Akal-B Process Center in the Campeche Sound.

The field is estimated to contain 24 million barrels of oil equivalent gross in recoverable reserves and will be developed as a tie-back to the Brage field.