Rigzone Industry News

Oil shed its gains after a bullish crude inventory report was tempered by an unseasonal slowdown in gasoline demand.

'Spare capacity is very low, demand is still recovering'.

The deal is expected to close before the end of the third quarter.

Saipem has been awarded several contracts, both onshore and offshore, in the Middle East worth approximately $1.25 billion.

The ride-hailing company will charge as much as 11 percent more for some trips.

The first-ever newbuild 8th generation drillship, the Deepwater Atlas, has been delivered in Singapore to U.S. offshore driller Transocean.

'These attacks are designed to undermine economic stability'.

OEUK Chief Executive Deirdre Michie warned that the new tax risks driving away UK oil and gas investment.

Baker Hughes has published its 2021 Corporate Responsibility Report, outlining actions the company has taken to fulfill its net-zero carbon reduction goals by 2050.

Oil rose for a third day as global output threats compound already red-hot markets for physical supplies, while the Group of Seven agreed to look into a price cap for Russian oil.