Rigzone Industry News

'It again becomes illegal for U.S.-based companies to deal in Venezuelan oil,' Rystad notes.

The company is targeting 163 million barrels of unrisked prospective oil resources.

Collectively, rooftop solar is now the second largest source of renewable electricity generation in Australia, behind wind energy generation.

President Joe Biden has extended a ban on Russian vessels entering United States ports.

A sweeping Russian missile attack on Ukraine destroyed the largest power generating plant in the Kyiv region.

Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine.

Russia reported a sharp increase in revenue in the first quarter due in part to one-time tax payments and rising oil prices.

The Texas Railroad Commission revealed the top 10 crude oil producing counties in Texas, ranked by preliminary production, for January 2024.

Russia plans to reduce daily diesel exports from key western ports in April to the lowest in five months.

South Sudan's state revenues have plummeted as a result of a ruptured pipeline.