Rigzone Industry News

Crude oil stocks in the U.S., not including the SPR, stood at 427.4 million barrels on February 2, the EIA revealed.

'It is very unlikely that Saudi/OPEC+ will cave in and switch from 'price over volume' to 'volume over price''.

The combined company will own interests in five of the largest oil fields in California with opportunities to increase oil recovery.

ONGC and NTPC signed an agreement to form a joint venture focused on the development of offshore wind generation projects in India.

Analysts at Standard Chartered and J.P. Morgan look at oil demand.

Opposition leader Keir Starmer shredded his pledge to spend $35 billion a year transitioning the UK to green energy.

CeraPhi Energy has acquired the business of Third Energy, a former shale gas development company planning to repurpose its existing wells into geothermal energy centers.

PFZW has left only seven oil and gas firms in its portfolio.

A senior official at Nigeria's oil regulator is pushing for the formation of government-industry technical working groups to expedite the permitting process for projects.

OQ is evaluating plans to list its exploration and production business, as well as a methanol and liquefied petroleum gas fuels unit.