Rigzone Industry News

Pertamina secured an extension for managing Algeria's Menzel Ledjmet Nord block for the next 35 years.

Protesters demanded San Miguel Corp. end the country's nascent opening up to LNG importation.

The Philippines recorded about $122 million worth of energy efficiency projects for 2021.

Petrobras purportedly doesn't want to consolidate on its balance sheet the $9.8 billion of debt that Braskem holds.

By 2027, electric vehicles will force a reversal to the era of rising demand for oil used in transportation, according to a new forecast by analysts at BloombergNEF.

Principal Solar and Executive Logistics & Transportation completed the acquisition of several leases in the Minerva-Rockdale oil field.

Russia has started exporting petroleum to Pakistan at a discounted price.

Petrofac has expanded its decommissioning work offshore Gulf of Mexico.

The Homer City Generating Station will close by July.

The FPSO Almirante Barroso platform can produce up to 150,000 barrels of oil and 211.89 MMcf of gas daily.