Rigzone Industry News

BP's new Chief Executive Officer Murray Auchincloss has an opportunity to shift the strategy.

'A large part of this narrative is the view that demand growth has been consistently disappointing relative to expectations'.

'Innovative thinking remains vibrant across the industry'.

Under the agreement, Excelerate will purchase up to one million mtpa of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years.

Maduro has jailed aides to the opposition presidential candidate.

Oil fell below $77 a barrel after last week's rally pushed futures into overbought territory. At the same time, ample crude supplies outweighed military escalation in the Middle East.

The 2,400-MW Leading Light Wind Project and the 1,342-MW Attentive Energy Two Project are the first wind farms approved by the state this year.

North America added eight more rigs week on week, according to Baker Hughes.

The company posted revenue of $6.84 billion for the fourth quarter of 2023, up three percent quarter over quarter and 14 percent year over year.

The API is leading an industry push against Biden's LNG export moratorium, accusing the government of backpedaling on its climate commitment, though climate campaigners welcomed the move.