Rigzone Industry News

'Over the next decade, annual average growth will be 11 percent and the installed base of projects will multiply nearly five times'.

The USA DOE has awarded $77 million in the second rollout of an electricity supply modernization grant, raising total awards to $127 million.

Multiple US agencies were compromised by a hacking campaign.

U.S. crude oil production is expected to average 12.61 million barrels per day in 2023.

The DOE hopes to spur job creation in the solar energy sector among “underserved and underrepresented communities”.

The operation is highly complex and involves a range of environmental, geopolitical, financial, and humanitarian risks, according to the UNDP.

The UK government says the tax changes are set to protect energy security and British jobs.

The USA wants to get the SPR to its would-be level had it not been for releases induced by the Ukraine war.

The U.S. Energy Information Administration increased its average Brent spot price forecast for 2023 and 2024 in its latest short term energy outlook.

'The 200,000 people working in this industry have heard Labour's proposals and have questions about how they would work in reality'.