Rigzone Industry News

U.S. Department of Energy is putting up 10 million barrels of crude oil for sale from the Strategic Petroleum Reserve.

U.S. natural gas producers are operating more drilling rigs now than at the beginning of the Covid-19 pandemic in early 2020.

The US energy storage market set a new record in the second quarter of 2022, with grid-scale installations totaling 2,608 MWh.

U.S. Department of Interior proposes even higher safety standards for offshore oil and gas operations, to build on reforms stemming from the Deepwater Horizon disaster.

Senior US and Mexican officials expressed optimism.

The Inflation Reduction Act will help the US solar market grow 40 pct over baseline projections through 2027, equal to 62 GW of additional capacity.

The U.S. dropped five rigs week on week.

The US Navy said it thwarted an attempt by Iran's Islamic Revolutionary Guard Corps to capture an unmanned American vessel in the oil-rich Persian Gulf.

The 'treasure map' gives the renewable sector a clearer sense of where to dig and the risks for certain geothermal locations.

Ofgem has announced that the default tariff cap will increase.