Rigzone Industry News

The price of Russian oil is nearing a threshold that could create complications for the country's biggest buyers.

'This is the second-strongest reading on record'.

Oil rose above $81 a barrel, buoyed by general risk-on sentiment, as the first of a spate of supply-and-demand projections scheduled this week forecast a modest rise in US production.

Hungary's top diplomat secured a deal to expand gas flows from Russia.

KBR has been hired by BP as its primary integrated project management contractor across its global hydrogen project portfolio.

BW Energy said Monday it had fulfilled the first oil delivery from the Hibiscus/Ruche field.

Japan's JERA Co. Inc. said Monday it has signed a memorandum of understanding with Korea Gas Corp.

Inpex has submitted a revised Plan of Development for the Abadi LNG project to Indonesian authorities.

FPSO Firenze has set sail from Dubai to the Baleine field offshore Côte d'Ivoire.

India's Oil and Natural Gas Corp. is preparing to bet billions of dollars on deepwater and ultra-deepwater exploration.