Rigzone Industry News

The Oklahoma City-based company told investors of a new, so-called mobile frack-sand mine it launched on 15,000 acres of land it owns in the West Texas county of Loving.

London-based energy firm Energean has signed a new Gas Sales and Purchase Agreement with EH Partnership.

Awilco Drilling has agreed to sell its last drilling rig to the UK-based plug and abandonment specialist Well-Safe Solutions.

Equinor has finished renovation work on the Njord A platform and completed the tow to its former location in the Norwegian Sea.

ExxonMobil has reached an agreement to sell its Romanian upstream affiliate to Romgaz for more than $1B.

About 30 percent of planned U.S. LNG export capacity has been booked since war disrupted European energy supplies.

EIR says the new index enables it to estimate geopolitical premium or discount in oil prices.

The OPEC cartel effectively failed to increase output at all in April.

Petronas, PTTEP and Eneos have all provided an update.

Oil fell as lockdowns across China countered looming European Union measures to limit purchases of Russian fuel.