Rigzone Industry News

Duke Energy is selling its utility-scale commercial renewables business to Brookfield Renewable in a deal valued at about $2.8 billion.

While gas prices are expected to be subdued as 2023 ends, 'all 2024 private sector forecasts predict a return to stronger prices'.

The use of oil for transport fuels will decline after 2026, and growth in overall oil demand will 'slow almost to a halt in the coming years'.

The deal includes associated contracts and more than 410 related jobs.

The Philippines recorded about $122 million worth of energy efficiency projects for 2021.

The DOE hopes to spur job creation in the solar energy sector among “underserved and underrepresented communities”.

Gibson signed a deal to buy Buckeye's South Texas Gateway Terminal for $1.1 billion.

Petrobras purportedly doesn't want to consolidate on its balance sheet the $9.8 billion of debt that Braskem holds.

Shell Plc has decided to exit Pakistan.

The risk-on sentiment that prevailed earlier in the day was crushed.