Rigzone Industry News

Rathlin has received environmental clearance to drill more oil and gas wells in East Riding.

Still, Rosneft is committed to the current output cuts.

The sale has an equity value of $389.1 million.

Reaching net-zero emissions by 2050 demands large and relatively rapid declines in oil and gas consumption, according to BMI.

About 40 percent of vessels lifting crude from Russia's Baltic and Black Sea ports were owned by companies based in countries signed up to the cap.

Daily primary processing rates averaged 5.63 million barrels over August 1-16.

The company noted that the acquisition is immediately accretive to its production, reserves and adjusted free cash flow.

Rockhopper Exploration has made a couple of personnel additions.

Scotland's net fiscal balance has improved since last year.

Rising pump prices have already armed Republicans with a fresh weapon to bash President Joe Biden.