Rigzone Industry News

The Philippines is emerging as a new frontier LNG market, according to BMI.

PBF declared a second-quarter net income of $1.03 billion.

The Druzhba pipeline operator plans to resume pumping oil Tuesday.

Brazil's president has attacked Petrobras' dividends as overly generous for investors.

Phillips 66 had a lower income of $1.697 billion for the second quarter amid weakening refining margins.

'The industry respects the rights of protesters to demonstrate legally in public places, but the private homes and families of business leaders should clearly be out of bounds'.

Pioneer's net income attributable to common stockholders was $1.1 billion.

Terje Askvig has been appointed as the new CEO of Prosafe.

Precision's drilling rigs continued to reprice at higher day rates.

PT Pertamina has turned to unconventional drilling technology as it looks to hit its production target.