Rigzone Industry News

The German authorities and Uniper have agreed to begin the construction of the first terminal for liquefied natural gas in the country.

Prices for diesel and gasoline are skyrocketing, leading to a windfall for refiners.

Berkshire Hathaway Inc. snapped up about 5.9 million more shares of Occidental Petroleum Corp.

Public E&P companies are on track to shatter previous record profits this year as high O&G prices and surging demand drive financial success.

One person died and one member of military personnel was injured during a gunfight, Dryad Global outlined.

Empyrean Energy has informed that it will proceed with plans to drill the Topaz exploration well, offshore China, subject to financing.

LLOG has announced the development of the Salamanca production facility comprised of an FPU created from a refurbished former GOM production facility.

'Downside risks to the price outlook have risen'.

DeepOcean AS, a unit of DeepOcean, has signed a long-term strategic partnership deal with Aker BP.

Oil rallied as supply concerns took center stage with the EU threatening to ban Russian supplies this year and U.S. regional fuel inventories dropping to record lows.