Rigzone Industry News

The West African nation is preparing to open the taps this year on the $4.8 billion Grand Tortue Ahmeyim liquefied natural gas project.

Saudi Arabia hiked the price of its flagship crude to its main buyers in Asia for next month.

SLB said its acquisition of ChampionX comes at an important time in the industry.

Shell will come head to head with the Dutch branch of Friends of the Earth on Tuesday.

Tthe board said that Kimmeridge's most recent merger proposal 'substantially undervalues SilverBow'.

Seaway7 secured a $50–150 million contract to transport and install substations for the Baltica 2 wind farm offshore Poland.

SLB agreed to acquire an 80 percent ownership in Aker Carbon Capture for an initial payment of $381.8 million.

Higher gasoline prices jeopardize the fight against inflation that's dogged both President Joe Biden and Federal Reserve Chair Jerome Powell.

Sinopec's annual profits declined 13 percent, after oil prices fell and Chinese refiners posted a record year for processing and imports.

The programs support the government's growth plan goal of increasing oil production by 25 percent to 600,000 barrels per day.