Rigzone Industry News

'NESA has made over 700 fully funded places available to people from postcodes in Aberdeen city, Aberdeenshire, and Moray over the academic year 2023/24'.

The field is estimated to contain 24 million barrels of oil equivalent gross in recoverable reserves and will be developed as a tie-back to the Brage field.

Russia reported a sharp increase in revenue in the first quarter due in part to one-time tax payments and rising oil prices.

Yara Pilbara and Angel CCS will study whether CCS can be used to decarbonize the current operations in the Burrup Strategic Industrial Area.

Zurich Insurance Group AG will no longer underwrite new oil and gas projects.

Oil dropped below $90 a barrel after Israel said it would remove some troops from Gaza, with crude's recent rally now facing technical resistance as geopolitical friction shows signs of easing.

Chevron tapped Accelera for the supply of a five-MW electrolyzer system for the oil and gas giant's hydrogen production facility in a California oil field.

North America continued its rig loss streak, according to Baker Hughes.

Europe is set to lose crude-processing and diesel-making capacity from 2025, just as the Exxon expansion at Fawley reaches full pelt.

The Texas Railroad Commission revealed the top 10 crude oil producing counties in Texas, ranked by preliminary production, for January 2024.