Rigzone Industry News

The government seeks to take a larger share of booming energy sector profits.

International Seaways' shipping revenues nearly tripled year on year.

'Given the uncertain economic outlook, a major pullback in oil prices is a growing risk'.

The draft regulation aims to strengthen industry measures to curb methane emissions and prevent hazards.

The delivery paves the way for the startup of a project Eni said can serve about seven percent of domestic demand.

Third consecutive weekly loss in crude futures underscored by softening demand and recession expectations despite a tight physical market.

Hedging by way of short positions on gasoline contracts has increased in recent months with expectations rising for mild demand from the summer driving season.

The EU wants international gas suppliers to offer to sell gas on its newly created purchase platform.

A consortium led by ExxonMobil has given the greenlight for final installations.

The new system comes after Canada's regulator rejected an earlier proposal favoring bigger oil sellers.