Rigzone Industry News

The Trion oil and gas project has received social impact assessment approval from the Mexican Ministry of Energy.

India will begin talks to become a full member of the International Energy Agency.

Oil dropped after the US reported crude inventories rose 12 million barrels last week, the most since November.

CPChem CEO Bruce Chinn will retire and will be replaced by SVP Steve Prusak among other leadership changes taking effect next month.

The agreement involves 500,000 metric tons per annum.

The U.S. regular gasoline price is rising, according to the EIA's latest gasoline fuel update.

ARC reported net income of $373.76 million (CAD 506.3 million) for the fourth quarter of 2023, compared to $547 million (CAD 741 million) in the previous-year period.

China's imports of Iranian crude tumbled to the lowest level in 11 months, according to data from intelligence firm Kpler.

Block Energy launched a farmout process for the development of a group of gas assets in the Eurasian country of Georgia.

Woodside has chosen an IPCC climate pathway that the company said is the most viable in terms of considerations including energy demand.