Rigzone Industry News

Gunvor Group Ltd.'s net profit more than trebled last year.

Saudi Arabia hiked official selling prices for all of its oil sales to Asian customers in the month of May.

A legal spat between the two countries halted a pipeline that carried crude from semi-autonomous Kurdistan on March 25.

The Philippines and China restart discussions on potential joint oil and gas development next month.

Oil posted a third straight weekly gain after a surprise supply cut by OPEC+ and a drop in US inventories tightened the market outlook.

'The main focus for this President is the American people'.

CHC Helicopter has won a new five-year deal with Shell to support its operations in the North Sea.

TotalEnergies and the Iraqi Government have defined the necessary conditions and mutual insurances to move forward with the Gas Growth Integrated Project.

The U.S. Transportation Department on Wednesday began distribution for this year's phase of a five-year $1-billion grant.

The move is the latest example of activist investors ratcheting up pressure for major oil companies to take a harder stance on curbing climate change.