Rigzone Industry News

The worsening gasoline crunch looks set to buoy Asian refiners.

The Technology and Innovation Centre's Scottish Low Carbon Power and Energy Partnership, a research program funded by ScottishPower and SSE, has entered its tenth year.

The company is controlled by oil giant Saudi Aramco.

Suncor Energy Inc. Chief Executive Officer Mark Little said that the company's board and executives will engage in talks with Elliott Investment Management LP but that he disagrees with one of the activist investor's main recommendations.

Crude and refined-fuel markets are strongly backwardated.

Oilfield services giant Schlumberger has expanded its global Innovation Factori network with the inauguration of a new center in Oslo, Norway.

Producers in the aggregate are looking at about $42 billion in oil and gas hedging losses through 2023, according to BloombergNEF calculations of data from last year.

Shale drillers Diamondback Energy Inc., Devon Energy Corp. and Coterra Energy Inc. are boosting dividends.

Searcher Seismic has expanded its South Africa 2D and 3D data library in cooperation with the Petroleum Agency of South Africa.

The opposition Labour Party has repeatedly called on Sunak to levy such a tax.