Rigzone Industry News

A sweeping Russian missile attack on Ukraine destroyed the largest power generating plant in the Kyiv region.

Oklo is proposing to provide its Aurora powerhouse technology to supply reliable and emission-free electricity.

The U.S. Energy Information Administration increased its average Brent spot price forecast for 2024 and 2025 in its latest short term energy outlook.

The contracts are for Borr's Prospector 1 and Gunnlod jack-up rigs, plus a rig still to be determined.

'Damage to energy pipelines and subsea fiber optic cables has placed the resilience and security of critical underwater infrastructure in the North Sea high on the agenda'.

Chevron Corp. Chief Executive Officer Mike Wirth's pay jumped 12 percent to $26.5 million last year.

The assets will 'further enhance Global's position in the energy economy of the Northeast'.

The discovery of Albian-age turbidite reservoirs carrying oil is 'unprecedented in the Potiguar Basin'.

Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine.

Oil reversed earlier losses and quickly moved higher after it was reported that the US and its allies believe major missile or drone strikes by Iran or its proxies against military and government targets in Israel are imminent.