Rigzone Industry News

Aramco completed the purchase of Esmax, marking the Saudi energy giant's entry into the South American fuel retail market.

ADNOC completed its purchase of the 24.9 percent shareholding of Mubadala in OMV.

The Reserve Bank of India has asked the country's major state-owned refiners to press Persian Gulf suppliers to accept at least 10 percent of oil payments in rupees in the next financial year.

Republican critics have sought to bar the sale of oil from the Strategic Petroleum Reserve to China.

Oil retreated after hitting resistance near $80 a barrel as the OPEC+ coalition met expectations with its latest production move.

BW Energy reported an annual net income of $81 million.

NRG did end 2023 with $482 million in net profit for Q4.

North America added rigs week on week, according to Baker Hughes.

The Alberta Utilities Commission said it will take an 'agriculture-first' approach.

BP is preparing a deepwater well in Brazil in the latest attempt to break a streak of bad luck by oil majors.