Rigzone Industry News

The decrease comes 15 months after the market disruption brought by Russia's invasion of Ukraine.

'The 200,000 people working in this industry have heard Labour's proposals and have questions about how they would work in reality'.

The deal offers households in Georgia state lower costs for pipe repairs and other home energy needs.

Mitsubishi Shipbuilding has entered a deal for technical studies on technologies that would enable ammonia to be used to power vessels.

The green light paves the way for final approval by the Petroleum and Energy Ministry of the development plans for the Yggdrasil area and the Valhall field extension project.

Despite scorching heat boosting power demand, Chinese coal hasn't been this cheap in over two years.

Refinery crude processing reach rates not seen since August 2019 in preparation for summer demand.

Nigeria spent more than $10 billion in a decade on three oil refineries that produced hardly any fuel, a parliamentary report said.

'This maintains the downward trajectory of prices since the highs observed in 2022'.

Europe has been working with a greater sense of urgency since the Biden administration last year passed its Inflation Reduction Act.