Rigzone Industry News

Crude futures pushed through 200-day moving average and then held momentum on the week.

The Biden administration released a strategy for the U.S. to build charging and hydrogen fueling infrastructure for freight trucks from 2024 to 2040.

The DOE provisionally allotted $750 million for 52 projects across 24 states to advance electrolysis technologies and grow the domestic supply chain for clean hydrogen production.

Wood Mackenzie outlined that EQT Corporation's acquisition of Equitrans Midstream Corporation increases the natural gas company's 'dominant footprint in the Northeast'.

The Houston-based company said that there could potentially be 34 million barrels of oil that can be accessed in the Grayburg-Jackson Field.

ABL will provide marine warranty survey services for the subsea development of the Salamanca development project in the Gulf of Mexico.

The company's drilling campaigns resulted in a six percent increase over fourth-quarter 2023 production.

The Biden administration's pause on new licenses for LNG exporters is already stalling progress for projects that were aiming to come online later this decade.

The U.S. Energy Information Administration cut its Henry Hub spot price forecast in its latest short term energy outlook.

The buzz around natural hydrogen, dubbed white or gold hydrogen, is gaining global momentum, Rystad Energy said.