Rigzone Industry News

The DOE awarded $45 million to several states under a capital program for energy efficiency projects.

The Treasury imposed a financial and activity blockade against several shipping companies accusing them of transporting oil and other goods for terror-linked forces in the Middle East.

The House Judiciary Committee of Democrats urged the DOJ to investigate potential collusion among oil and gas companies to inflate prices artificially.

U.S. crude oil stocks, not including the SPR, stood at 455.9 million barrels on May 31, according to the EIA.

A total of $130.5 million has so far been awarded under the Energy Efficiency and Conservation Block Grant Program.

The DOE is awarding a total of $1.2 million to the semifinalists of an inaugural prize for the development of CO2 removal technologies and solutions.

Crude oil stocks in the U.S., not including the SPR, stood at 454.7 million barrels on May 24, according to the EIA.

The BOEM completed the final EIS for two wind projects by Shell and EDF in New Jersey waters.

The volumes will be allocated in quantities of 100,000 barrels.

The probe comes after the FTC accused Pioneer's ex-CEO of scheming with the OPEC and OPEC allies.