Rigzone Industry News

Neptune Energy has started producing oil at its Romerberg 6 well in Speyer, southwestern Germany.

The Energy Department last week rejected all offers to replenish the stockpile.

Texas crude oil production is yoyoing.

Lukoil, the second largest oil and gas company in Russia after Gazprom, has sold the ISAB company to a Cyprus-based company backed by Trafigura.

Transocean has offered $500M in senior secured notes due 2028 to finance part of the expenses for its second 8th-generation drillship.

Russia's flagship oil is selling at less than half international prices.

As many as 58 LNG cargoes were received by Orlen at the Lech Kaczynski terminal in 2022, a new record since the terminal started commercial operation.

Aker Solutions has been awarded a contract from Altera for the complete upgrade of the Petrojarl Knarr FPSO to be redeployed at Equinor's Rosebank field.

The alleged incident occurred on December 13, a day before de Ruyter's resignation.

Some volatility in the oil market is likely this week, according to Barani Krishnan, a senior commodities analyst at uk.Investing.com.