Rigzone Industry News

The proposal aims to meet growing demand and achieve power sector decarbonization.

Under the agreement, Wood will support Shell's onshore and offshore assets in the country.

Australian coal producers are increasingly dabbling in high-interest private loans as lenders look to replace reluctant banks that are held back by ESG concerns.

The investment in Iberdrola's power distribution grid in Spain now totals $1.5 billion.

Eastward and EverWind agreed to explore potential ventures related to the storage, conveyance, and dissemination of green hydrogen.

The three-train plant has been undergoing maintenance since late January following a deep freeze in Texas that caused an issue on one of its trains.

West Texas Intermediate fell about 2% to settle near $81, cooling a rally that had carried crude to the highest closing price since late October.

In a release sent to Rigzone recently, GlobalData outlined that the oil and gas industry exhibited 'resilience' last year.

The transaction is expected to close in the third quarter.

Sudan declared a force majeure on oil exports.