Rigzone Industry News

The U.S. dropped another four rigs week on week.

Offshore Energies UK's 2022 Awards winners were honored during a ceremony hosting 400 guests.

The UK and US will work together to increase energy security and drive down prices, as part of a new energy partnership.

The U.S. rig count stayed flat at 784 rigs.

The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve.

The short supply of labor in the US oil patch has plagued exploration and production companies all year.

The cap is set to rise to an annual level of GBP 4,279 ($5,185) in January 2023.

The US crude market's structure is signaling oversupply for the first time in almost a year.

UK discovered resources have improved in recent years, but 2022 could be the first year without discovered volumes since 1965.

'At this most difficult time, I am calling on you to consider if you can play your part'.