Rigzone Industry News

Japanese investors will be supported to increase investment in natural-gas projects in Mozambique.

Abu Dhabi's state oil company told customers it will reduce shipments of crude from May.

ExxonMobil's Canadian unit is at risk of being charged for toxic leaks at its Kearl oil sands mine.

Canadian Natural posted $1.33 billion in net income for the first quarter.

Canadian Natural posted $1.33 billion in net income for the first quarter.

Crude futures recovered on the day to settle at a modest delta following a dramatic open that saw WTI slide down more than 7%.

Prices risk more than doubling with a demand revival.

Shell maintained the pace of share buybacks as it reported another strong quarterly profit.

Marathon Oil reported $417 million in net income for the first quarter.

The world's biggest importer is drawing in a lot of crude by sea.