Rigzone Industry News

The partnership eyes solutions for data centers, edge computing facilities, and blockchain operations.

Uganda more than doubled its annual budget for the oil and gas industry as it moves closer to the start of production.

Donald Trump told Senate Republicans Thursday he would restart oil drilling in Alaska's Arctic National Wildlife Refuge.

Oil posted the largest weekly gain since April after OPEC+ clarified its plan to return some output to the market and fuel markets showed signs of strength.

'The development of fusion energy as a clean, safe, abundant energy source has become a global race, and the U.S. will stay in the lead'.

'This acquisition also positions Matador for continued success and growth throughout 2024, 2025 and into the future as one of the top ten producers in the Delaware Basin'.

G7 leaders meeting in Italy this week will pledge to tighten enforcement of their price cap on Russian oil, according to a statement seen by Bloomberg.

Wood announced that it has been awarded a new $46 million, three-year contract by TotalEnergies in Iraq.

The Nigerian national oil and gas company denied inflating fuel subsidy claims, after the Tinubu government ended the subsidy last year.

'With little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic', Wood Mackenzie's Principal Analyst of Upstream Supply Chain said.