Rigzone Industry News

StealthGas logged $43 million in net income for the first nine months.

Russian oil-product flows have surged so far this month.

Ukraine's air defense said it shot down 15 of 20 Shaheed drones.

Russia will cut the export levy on crude its producers pay for the first time since July following a drop in global oil prices.

India, a primary destination for Nigerian grades, increased its appetite for discounted Russian barrels.

The drop in oil prices has sent the value of Russia's flagship Urals crude grade back into the $60 range.

The record number of supertankers sailing toward the shores of the U.S. is getting ever larger.

Reliance's revenue from its oil to chemicals segment fell 7.3 percent year-on-year on lower oil prices.

The Wednesday ruling is the latest staging post in a sprawling legal saga.

The company's third-quarter adjusted income was marked at $1.16 billion (EUR 1.1 billion).