Rigzone Industry News

Petronas' profit after tax for the first half of 2023 fell 13 percent year on year on lower prices.

'A credible third-party estimate of nearly one billion barrels of recoverable liquids for a company the size of Pantheon is an incredible achievement'.

Peregrine has signed a deal with AB CarVal to raise over $700 million for projects with more than seven GW in total capacity.

The deal will give Permian Resources 'a pro forma market cap of about $10 billion'.

Prairie reported a possible reserves basis of about 285.3 million MMboe in Colorado.

Pakistan's fuel oil shipments have jumped more than five times.

Libertarian Javier Milei is the shock front-runner in Argentina's presidential election.

Proserv has decided to move its Saudi Arabia operations to a new facility in Dammam.

Brazil's state-controlled oil company Petroleo Brasileiro SA jacked up domestic fuel prices.

The Poseidon project encompasses the Leman gas fields, one of the largest geological structures in the Southern North Sea sector of the UK Continental Shelf.