Rigzone Industry News

Petrofac has won the construction contract for Sonatrach's $1.5-billion petrochemical project.

Alberta's premier said Canada's decarbonization goals are unachievable for the oil-rich province.

Iberdrola has secured $1.08 billion in EIB funding for 22 renewables plants.

The UK's Grain LNG terminal hit a new utilization record of nearly 45 percent.

Oil rebounded by more than three percent from a three-month low.

By 2027, electric vehicles will force a reversal to the era of rising demand for oil used in transportation, according to a new forecast by analysts at BloombergNEF.

A new company aiming to support global safety critical operations in the energy, industrial, and maritime industries has been launched in Aberdeen.

North America has finally broken its rig loss streak, the latest rotary rig count from Baker Hughes has revealed.

Roland Reid has been appointed by ROVOP as its new Training and Competency Manager.

Russia has resumed sending oil to sanctions-hit North Korea for the first time since 2020.