Rigzone Industry News

The Iowa Utilities Board approved the Summit Carbon Solutions base pipeline project.

U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.

Kinetik completed its purchase of Durango for about $840 million, growing its natural gas processing capacity by 420 MMcfpd.

Eni and FS Italiane joined forces to identify energy transition opportunities in the transport, energy, and materials sectors.

NewMed Energy and its co-venturers in the Leviathan field offshore Israel received an initial permit from the Energy Ministry to raise its natural gas allotment for overseas markets.

SM could announce a deal of about $3 billion with XCL backers including EnCap Investments in the coming days.

'It will not be possible to seize the gas in the transition or distribution network, nor the claims of a third party from a particularly significant contract for the supply of natural gas'.

Energy Information Administration indicated that crude stockpiles rose the highest level in over three years.

The Seven Stars Energy Project is centered in a 77.2-square-mile (200-square-kilometer) area of southern Saskatchewan, southeast of the city of Weyburn

Karoon expects Bauna production for the quarter to be between 1.3 million and 1.4 million barrels of oil.