Rigzone Industry News

Oil fell after trading in a narrow range as traders weighed rising US crude inventories against expectations that OPEC+ will extend supply cuts.

Newcomer Esperanza has entered a deal to acquire ExxonMobil's assets in the Ursa field in the U.S. Gulf of Mexico.

The DOE has set aside $24 million in funding for workforce training programs with a focus on clean energy jobs that do not require a four-year degree.

Carlyle announced the appointment of Goldman Sachs' former Global Head of Commodities Research.

Rampaging wildfires burning through Texas are threatening everything from oil refineries to cattle ranches.

Conventional oil and natural gas capital investment for 2024 is forecast at $20.10 billion (CAD 27.3 billion), while oil sands investment is expected to reach $9.79 billion (CAD 13.3 billion).

The Biden administration is reportedly moving forward with proposed emission standards for motor vehicles that the API says constitute a de facto ban on new gasoline-fueled cars.

Rigzone speaks to oil market analysts.

The Austin-based company aims to create the largest proppant producer in the USA.

'Generative AI will reduce the time to value', Enverus' Chief Innovation Officer told Rigzone.