Rigzone Industry News

Oil futures rose on geopolitical unrest and signs that OPEC+ will stick with current output cuts when delegates hold a review session next week.

The DOE estimates that the U.S. needs to invest $225–250 billion to reach a potential 90 GW of geothermal generation by 2050.

North America lost rigs week on week, according to Baker Hughes' latest rotary rig count.

The Yemen-based Houthi militants renewed their threats against Saudi Arabia.

The lawmakers have sent a letter to the director of the IEA.

The U.S. oil and gas industry directly employed 2.04 million workers in 2023, according to TIPRO.

The FID on the planned $25 billion Nigeria-Morocco pipeline linking North and West Africa could be reached by December.

The FID on the planned $25 billion Nigeria-Morocco pipeline linking North and West Africa could be reached by December.

'At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day'.

The EIB signed a deal with Ringkjobing Landbobank to finance Danish SMEs in their energy transition.