Rigzone Industry News

ABB will explore how its automation, electrification and digital technology can optimize biofuel facilities.

National Grid has been allotted about $503,300 in the latest round of the Ofgem's Strategic Innovation Fund.

'New Zealand will continue to need gas and coal to keep our economy moving for decades to come'.

The programs support the government's growth plan goal of increasing oil production by 25 percent to 600,000 barrels per day.

Analysts at Standard Chartered revealed that they think the oil price rally has 'further to run'.

ÈEZ Group is acquiring a 55.21 percent stake in the Czech Republic's leading gas distribution infrastructure operator in a move to transition from coal-powered energy generation to natural gas and hydrogen.

Savannah will take over Sinopec International Petroleum Exploration and Production Company Nigeria, the British company's co-venturer in Stubb Creek.

The company's preliminary calculations indicate that the size of the discovery is between 134.2 million and 314.3 million cubic feet of oil equivalent.

The cargo of Merey crude is expected to be discharged over the weekend, but the Chinese oil major is unlikely to make further purchases if US sanctions on Venezuela are reinstated.

There was no spill because the collision occurred when the vessel had no cargo on board and there were also no injuries.