Rigzone Industry News

Sinopec's annual profits declined 13 percent, after oil prices fell and Chinese refiners posted a record year for processing and imports.

Russia had 836 NGV refueling stations as of the beginning of 2024, more than half of which are owned by Gazprom.

The Clean Energy Connector digital platform connects families to solar energy through the Low-Income Home Energy Assistance Program.

The world is using more oil than ever and demand is outpacing expectations again this year.

Russia's average daily oil refining rate fell to the lowest weekly level in ten months.

Oil edged lower to settle below $81 a barrel after a stronger dollar curbed investor appetite for commodities, offsetting signs of a tighter global crude market.

The DOE set aside $44 million to improve the reliability of clean power distribution.

The proposed lease sale includes four areas offshore Louisiana and Texas.

All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions.

'Coalition forces successfully engaged and destroyed two anti-ship ballistic missiles'.