Rigzone Industry News

Of the 62 production licenses offered in APA 2023, 29 are located in the North Sea, 25 in the Norwegian Sea, and eight in the Barents Sea.

A study found that delivering BECCS at Drax Power Station could save the UK $18.98 billion (GBP 15 billion) in whole economy costs between 2030 and 2050.

The Union Database for Biofuels has opened for online registration by liquid renewable and recycled carbon fuel operators.

Tourmaline ended 2023 with an average daily production of over 600,000 boepd.

The NNPC has opened bidding for operation and maintenance rights for the under-repair Port Harcourt refinery.

The joint venture 'positions LYB to grow and upgrade its core PP [polypropylene] business through access to advantaged feedstocks'.

BP appointed Murray Auchincloss as its permanent chief executive officer, four months after the shock resignation of his predecessor.

Oil edged lower after a choppy session as broader risk-off sentiment dampened reduced crude production in North Dakota and Red Sea risks.

A commodity-carrying ship was hit by a missile in the Red Sea as attacks intensify in a waterway that key industry groups say is too dangerous for navigation.

Eni Plenitude signed an agreement with EDP Renovaveis to acquire an 80 percent equity stake in a portfolio of US PV plants.