Rigzone Industry News

TotalEnergies signed a new agreement with European Energy to develop offshore wind projects in Denmark, Finland and Sweden.

Chevron is refocusing investment on tight assets in the US.

Aramco is bucking threats on Red Sea vessels from Yemen's Houthi rebels.

A fire damaged Rosneft PJSC's major Tuapse refinery on Russia's Black Sea coast early on Thursday.

Oil rose to the highest in about two months as US inventories, Chinese stimulus and an attack on a Russian refinery ignited a rush of trend-following algorithmic buying.

'Congress needs to continue the supplemental funding level or states will be forced to cut up to 1.5 million families from the program'.

Crude oil stocks in the U.S., not including the SPR, stood at 420.7 million barrels on January 19.

'This agreement will strengthen our position to remove and reduce carbon emissions from industries and energy solutions, which is supported by strong incentives from the U.S. Government'.

The company's adjusted net income for the quarter, excluding losses in Argentina primarily due to currency devaluation, was $769 million, or $0.86 per share.

For the first time ever, ESG funds saw net global outflows amid a major exodus by U.S. investors from environmental, social and governance strategies.