Rigzone Industry News

ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 Bn. A record quarter for the company.

Chevron has reported earnings of $11.6 Bn for the second quarter of 2022 – the biggest quarterly earnings ever, compared with $3.1 Bn in 2Q of 2021.

Ineos and Sinopec have signed three 'significant' petrochemical deals.

TotalEnergies rolled out its multi-energy strategy in Angola with the launch of the Begonia oil field, Quiluma and Maboqueiro gas fields, and its first photovoltaic project in the country.

Check out some of Rigzone's top stories during the last week.

Eni has made a second discovery on the Baleine field offshore the Ivory Coast increasing the field's reserves by 25 percent.

Rigzone's regular market watchers focus on oil price trends, the technical declaration of a U.S. recession, U.S. gasoline demand moves and more.

Subsea 7 and Van Oord have announced the award of a substantial contract by ExxonMobil for the gas-to-energy project offshore Guyana.

Q2 was a challenging quarter.

Drilling in South America is expected to peak this year after a significant slowdown in 2020 due to the Covid-19 pandemic.