Rigzone Industry News

Iraq's oil minister said talks continue but there's no clarity on when flows can restart.

Phillips 66 reported $1.961 billion in net income for the first quarter.

The main driver of growth in MENA shifts to non-oil activities.

Oil fell for the third straight day as weak demand data from the US added to concerns that the global economy is heading toward recession.

Moscow pledged to curb output by 500,000 barrels a day in retaliation for western energy sanctions and to support the price of its oil.

Chariot has entered into a partnership agreement with Vivo Energy.

The company defines a 'large' contract as being worth between $500 million and $1 billion.

SBM Offshore has signed an Operations and Maintenance Enabling Agreement with ExxonMobil Guyana for the company's entire FPSO fleet in the country's waters.

Iran seized a second oil tanker in less than a week.

The rule includes an end to combustion truck sales in 2036.