Rigzone Industry News

Targa Resources reported a net profit of $596.4 million for the second quarter of 2022.

Petrobras has finalized the sale of all its stakes in the producing fields of Peroa and Cangoa and in the BM-ES-21 concession, jointly called the Peroa Cluster.

Abu Dhabi National Oil Company has awarded two contracts totaling more than $3.4 billion to ADNOC Drilling for 8 jack-up offshore rigs.

Rigzone's regular energy prognosticators take a look at technical pricing aspects of West Texas Intermediate oil, weather patterns in August, refinery maintenance implications and more.

Eni has acquired the Export LNG company which owns the Tango FLNG floating liquefaction facility, from Exmar group.

The U.S. Senate has passed the Inflation Reduction Act of 2022.

West Virginia State Treasurer Riley Moore has named five banks ineligible for state banking contracts due to their stance on fossil fuels funding.

NOAA forecasters slightly decreased the likelihood of an above-normal Atlantic hurricane season to 60 percent.

Polish gas transmission system operator Gaz-System has picked a date for the opening of the Baltic Pipe pipeline project.

'Simply put, we are tightening our strategic focus around our best rock, best operations and lowest emissions footprint'.