Rigzone Industry News

China would be blocked from purchasing oil from the USA's emergency stockpiles under legislation slated for a Senate vote.

United Oil & Gas posted $6.4 million in revenue for the first two quarters.

The USA decline is expected to tip the world's oil supply into deficit by the end of the year.

The UAE has received support from the OIF and India for its hosting of the UN's main climate forum at the end of the year.

Hydrogen is better suited to store energy than to heat homes, UK Energy Secretary Grant Shapps said.

LNG cargoes from the U.S. are poised to shift to Asian ports as prices fall in Europe, according to Rystad Energy.

'Modernizing energy codes is one of the most cost-effective ways to improve energy efficiency...'

The USA has awarded $777 million in funding for works to accelerate carbon management projects.

The USA has opened bidding for the supply of six million barrels of crude to be deposited into the SPR.

The U.S. has expressed concern over China's recent behavior towards Philippine vessels in the South China Sea.