Rigzone Industry News

Four refineries in southern Russia were targeted overnight, with one suffering damage.

Revenir Energy Inc., formerly known as Legacy Reserves Inc., has completed its exit from the market.

Rigzone lines up exclusive interviews with Ed Morse, a Senior Adviser at Hartree Partners, and The Heritage Foundation's Diana Furchtgott-Roth.

Russia's oil proceeds to the state budget increased almost 50 percent in May from a year ago.

Under pressure from Greece's navy, traders of Russian oil have found a new place to switch cargoes of crude in the Mediterranean sea.

Rosneft posted a $4.4 billion net profit for the first quarter of 2024.

An oil tanker holding Russian crude oil off the coast of Ghana is finally unloading its cargo.

Top Republicans are warning the Biden administration against tapping into the nation's strategic oil reserve to bring down gasoline prices.

'By 2050, renewable energy sources, including hydro in addition to solar and wind, are expected to constitute a staggering 70 percent of the Middle East's power generation mix,' Rystad said.

'Domestic gas prices remain in the sub-$3.00 per MMBtu region'.