Rigzone Industry News

NZT Power aims to be one of the world's first commercial-scale gas-fired power stations with carbon capture.

'The risk profile for commercial vessels operating in the region remains at severe/critical,' Dryad stated.

Israel launched a retaliatory strike on Iran following last week's missile and drone barrage from Tehran, according to two U.S. officials.

Analysts at Standard Chartered said they think geopolitical risk in oil has escalated significantly.

Woodside posted a lower quarterly revenue of $3 billion as selling prices and production and sales volumes fell.

Canacol found 123 feet of net gas payzone in the Chontaduro 1 well.

Europa Oil & Gas posted a revenue of $1.7 million for the six months to January 2024.

Tamarack Valley Energy CEO Brian Schmidt sees a need for even more export capacity in the long run as drillers ramp up output from newer fields.

Intense swings in European natural gas prices have prompted traders to pile into options contracts.

Oil fluctuated as markets weighed Iran's threats on Israeli nuclear sites against a stronger US dollar.