Rigzone Industry News

The price of petrol in the UK soared to a fresh record.

'An oil spill or leak would cost the world billions to clean up'.

The UK government got together with Shell in London this week to talk up North Sea oil and gas, the latest sign of the country's pivot back toward domestic fossil fuels since Russia's invasion of Ukraine.

During the first four months of 2022, the U.S. exported 74 pct of its LNG to Europe, compared with an annual average of 34 pct last year

UK fuel prices have set a string of new records in recent weeks.

The US is ordering refiners to boost the use of biofuels such as corn-based ethanol due to the soaring prices of gasoline.

Biden administration officials are divided over how much further the US can push sanctions against Russia without sparking global economic instability and fracturing transatlantic unity.

The U.S. rig count dropped week on week.

U.S. gasoline prices surged to another fresh record.

The U.S. Department of the Interior has announced the first-ever offshore wind lease sale proposed on the Outer Continental Shelf offshore California.