Rigzone Industry News

Net proceeds from the disposition will be directed to further strengthen Veren's balance sheet, it said.

The CO2 will be transported to safe and permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project.

Buffett bought almost 2.95 million more common shares from Occidental for about $176 million.

The UK could be pumping almost 30 percent more oil and gas than current projected at the end of the decade if about £20 billion of new investment can be secured.

Elixir Energy engaged Condor Energy Services to complete the remaining stimulation stages at the Daydream-2 appraisal program.

China has reduced power generation from fossil fuels as output from sunlight and water surges, feeding hopes that the world's biggest polluter may have peaked emissions years before its own deadline.

Subsea7 won a significant EPC contract for the Bittern field.

Oil climbed, building on its biggest weekly advance since early April and extending a short-covering rally, helped by risk-on sentiment in broader markets.

The DOE picked two PV projects with a combined capacity of 400 MW to be built in an Idaho nuclear reactor testing site, as the first projects under the Cleanup to Clean Energy Initiative.

Niger closed an oil pipeline used to export crude through a port in neighboring Benin, ratcheting up tensions between the two countries amid an ongoing border impasse.