Rigzone Industry News

Rystad Energy predicts the MMO market for the renewable and low-carbon energy industries will hit close to $250 billion by 2030.

The pump price for diesel passed $2.49 a liter for the first time ever on motorway service stations.

'It could leak, spill, or explode at any time, severely disrupting shipping routes'.

Romania may accelerate its first deepwater natural gas prospect.

The ruble closed at the highest level in five years against the euro.

Product cracks and refinery margins hit record highs.

Rovco has appointed a new Global Account Director for surveys, looking to accelerate the growth of its portfolio of offshore survey solutions.

Repsol has restarted production from its Yme field in the North Sea offshore Norway.

A full European embargo on Russian energy supplies will drive inflation in the U.K. even higher than the 40-year record that it is on track to reach.

Record fuel exports from the U.S. Gulf Coast are eating into domestic supplies.