Rigzone Industry News

An armada of tankers ferrying sanctioned oil around the globe is starting to get younger.

North America went back to losing rigs week on week.

Saudi Arabia will prolong its unilateral oil production cut by one month.

Rystad Energy reveals how total global recoverable oil reserves stack up.

'Rallies have been capped by short sellers and generally bearish macro sentiment'.

Petronas has hurdled technical evaluation by classification societies in Norway and the USA for its maritime carbon transport and storage units.

The DOE has awarded contracts for 3.2 million barrels of locally produced crude in another purchase to refill the SPR.

Chevron and its Israeli partners in the Leviathan field have agreed to invest about $568 million for a third pipeline.

Poland's Orlen may buy a stake in an east German refinery only after the government in Berlin dumps Russia's Rosneft as a shareholder.

South Africa must balance the need to cut emissions with increasing electricity access and developing its natural resources, according to the nation's energy minister.