Rigzone Industry News

'The future of the North Sea is now dependent upon the US banks or Norwegian banks and not on the UK banks'.

U.S. crude oil stocks, not including the SPR, came in at 457.1 million barrels per day on June 14, according to the EIA.

The U.S. Energy Information Administration lowered its U.S. gasoline and diesel price forecasts for 2024 in its latest short term energy outlook.

The U.S. Energy Information Administration lowered its West Texas Intermediate oil price forecast in its latest short term energy outlook.

Octopus acquired one solar farm in Ohio and another in Pennsylvania, kicking off its first renewable energy investment in the USA.

The UK could be pumping almost 30 percent more oil and gas than current projected at the end of the decade if about £20 billion of new investment can be secured.

Uganda more than doubled its annual budget for the oil and gas industry as it moves closer to the start of production.

'The development of fusion energy as a clean, safe, abundant energy source has become a global race, and the U.S. will stay in the lead'.

U.S. crude oil stocks, not including the SPR, stood at 459.7 million barrels on June 7.

The U.S. Energy Information Administration lowered its 2024 Brent spot price forecast in its latest short term energy outlook.