Rigzone Industry News

Less gasoline has been consumed in the United States during the second quarter of 2022 and early July than during the same period in 2021.

Cheniere Energy, through its unit Cheniere Marketing, signed a long-term LNG deal with a unit of PetroChina.

Shell has decided to stop paying workers locked in industrial actions at its Prelude FLNG facility off the Australian western coast.

Biden's plan to crack down on smog in the oil-rich Permian Basin threatens to curb crude production while gasoline prices are near record highs.

SBM Offshore has completed the $1.75 billion project financing for the floating, production, storage, and offloading (FPSO) One Guyana.

A gas turbine for the operation of Gazprom's Nord Stream 1 that's the main route of gas transport from Russia to Germany is held up in transit after maintenance in Canada

There is a large opportunity for companies and countries to significantly reduce carbon output by creating electricity from flare gas.

Valaris' rig, the Valaris MS-1 has been towed into position to begin work for Santos at the Barossa field offshore Australia's Northern Territory.

Cyprus' Ministry of Energy, Commerce, and Industry and Chevron have agreed to further their cooperation in developing the Aphrodite field.

President Biden called climate change an 'existential threat' and unveiled new policies to fight its effects - including opening additional offshore areas to wind farms