Rigzone Industry News

Shell has completed the sale of its 100 percent shareholding in its Philippines subsidiary to Malampaya Energy XP.

Petrobras has made an oil discovery in the co-participated area of Sepia offshore Brazil.

ABL Group has expanded its footprint with the establishment of an entity in the Kingdom of Saudi Arabia.

Keppel Data Centres and Shell have partnered to explore the potential of developing a low-carbon energy hub and microgrid system in Singapore.

Offshore Energies UK will host the Offshore Decommissioning Conference next month, supported by principal sponsor TAQA.

U.S. Secretary of Energy Jennifer M. Granholm traveled to Puerto Rico to help with measures ahead of the next hurricane season.

Equinor delivered adjusted earnings of $24.3 billion and $6.72 billion after tax in the third quarter of 2022.

Politicians lash out against Big Oil executives for funneling windfall profits to investors.

A unit of Russia's stock exchange has become a vital link to the global financial system as tens of billions of dollars flood in from sales of oil and other commodities.

President Joe Biden criticized record energy company profits after Shell announced its second-highest earnings ever.