Rigzone Industry News

Harry Brekelmans and Donny Ching are set to leave Shell after more than 30 years of service with the company.

A global biofuel boom is set to drive a shortage of vegetable oils.

A closely-watched gauge of Asian oil demand is at its tightest level in more than two years.

Shell has ticked its climate target boxes according to its latest Energy Transition Progress Report 2022.

Saipem and Garbo have teamed up on industrialization, development and commercialization of the latter's proprietary plastic recycling technology.

Shell's Malaysian unit has completed the divestment of its stake in two Baram Delta offshore PSCs to PSEP.

The world's top oil exporter has long relied on the flow of petrodollars into the government's coffers to power spending on job creation and costly infrastructure.

Saudi Arabian Oil Co reported Sunday its biggest annual net income as a listed company.

Iran and Saudi Arabia will restore diplomatic ties.

Drilling operations established the presence of a reservoir with light oil.