Rigzone Industry News

The modernization of the grid will 'significantly reduce fossil fuel imports' while accelerating the decarbonization of Europe's economy.

GlobalData said the oil and gas contracts market faced turbulence.

Eni set an option to raise the buyback package to up to $3.8 billion depending on 'upside scenarios'.

TotalEnergies' board renewed Pouyanne's term as chair and CEO after shareholders voted to renew his board mandate.

CNOOC entered into petroleum exploration and production concession contracts with Mozambique for five offshore blocks.

BP and Shell reached an agreement to sell their respective 50 percent stakes in assets held by South Africa's largest refinery to state-owned Central Energy Fund.

Vivo Energy is now the major shareholder of Engen.

The repair and workover operation is expected to be completed in two to four weeks.

Donald Trump raised $40 million from oil executives and other deep-pocketed donors in Texas.

Oil hovered near the lowest in three months as traders weighed decreased geopolitical risks and signs that global markets are sufficiently supplied ahead of next month's OPEC+ meeting.