Rigzone Industry News

Oil fell after US crude stockpiles increased, providing a buffer against heightened geopolitical risks in Israel and Gaza.

The assets include approximately 30,000 acres and current production of 65 million cubic feet equivalent per day.

Petrobras is looking to advance collaboration with Norwegian companies on energy transition.

The U.S. regular gasoline price is on a downtrend.

Sheffield has led Pioneer for more than 20 years.

Prices averaged $0.14 per kWh in the January-March 2023 period.

'We think there is currently no significant geopolitical premium in oil prices'.

The first unmanned surface vessel is expected to be ready for offshore operations in 2025.

'The acquisition of Pioneer positions ExxonMobil as the dominant operator in the world's premier short-cycle, advantaged-barrel basin'.

Petronas signed a deal with Japan's economy ministry and JOGMEC for projects in CO2 transport.