Rigzone Industry News

The International Renewable Energy Agency and its partners have defined the agenda for global industrial decarbonization.

Sembcorp Industries has signed an agreement to acquire Vector Green Energy for a base equity consideration of around $345 million.

OPEC reduced its forecasts for global oil demand again.

'The deal addresses one of the key issues for Marathon'.

The U.S. Energy Information Administration raised its Brent oil price forecast for both 2022 and 2023.

It is obvious that crude must decarbonize. But COP27 is a reminder that oil consumption must first fall if the world is to achieve net zero.

The first shipment of LNG produced from the Coral gas field in the ultra-deep waters of the Rovuma Basin has just departed from the Coral Sul FLNG facility.

'We have set all the tools necessary in place in the European Union'.

The eurozone faces a grim winter as a recession bites just as double-digit inflation grips the region and war rages nearby.

Saudi Arabia is establishing a facility on its eastern coast to capture carbon, as the world's biggest oil exporter looks to hit net zero by 2060.