Rigzone Industry News

'It's not going to be as bad as you think'.

'The voluntary cuts, which the group had has a good track record of implementing, will put upside pressure on prices'.

A rally now would come just ahead of the busy summer driving season, when demand typically peaks.

There are at least three conditions for Mozambique LNG's partners to decide on a possible restart of the project.

Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.

Pantheon Resources slipped to a $1.6 million loss for the second half of 2022.

President Joe Biden has a limited range of options with which to respond.

North America cut another 29 rigs week on week, according to Baker Hughes.

Norwegian authorities have granted the Havstjerne CO2 storage license in the North Sea to a Wintershall Dea and Altera partnership.

Sodexo has been given a three-year contract extension at the Sullom Voe Terminal.