Rigzone Industry News

TC Energy has notified customers of a force majeure on its Keystone Pipeline System.

Radix Software and Engineering has created a virtual FPSO training environment for a major operator with the goal of reducing risk in the asset commissioning phase.

Australia's oil and gas industry has asked for an urgent meeting with the Prime Minister after a draft of legislation revealed a possible damaging influence on the gas market across the whole of Australia.

Dryad Global's latest Maritime Security Threat Advisory has highlighted reports of vessel shootings.

As last week ended, both WTI and Brent saw their worst weekly drop since March.

Equinor has fired up Phase 1 of the Askeladd field which will bring 18 bcm of gas to the market via the Hammerfest LNG plant.

Global crude oil and petroleum product prices have come down sharply in recent weeks.

The plan to intervene in the market, unveiled by the European Commission last month, has caused a deep rift among member states.

Zephyr Energy has signed an amended cooperation agreement with the DoE, securing an additional $1 million for the Paradox project.

TAQA, Mubadala, and ADNOC have completed the Masdar transaction, becoming shareholders in Abu Dhabi Future Energy Company.