Rigzone Industry News

PetroTal ended the year 2022 with a net profit of $188.5 million.

Trinity Exploration and Production has resumed production at the ABM-151 well off Trinidad.

The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective.

A Republican bill to lower energy costs and reverse related climate policies of the Biden administration hurdled the lower house Thursday.

'Lease Sale 259 is the first Gulf of Mexico offshore oil and gas lease sale since November 2021'.

The center of gravity in the global oil refining complex is shifting sharply eastward.

The FPSO One Guyana has arrived in drydock at the Keppel shipyard.

The world's most important oil price is about to be transformed for good.

Oil rose to its highest in two weeks as export disruptions and broader market bullishness pushed prices up.

Danish authorities recovered an object that investigations found to be an empty maritime smoke buoy adjacent to the leakage-hit Nord Stream pipeline.