Rigzone Industry News

The EIB pledged $438.3 million in investment for Mytilineos for renewable energy production projects.

The move comes amid persistent weakness in the market.

Vitol will supply GAIL (India) Limited with approximately one million metric tons of liquefied natural gas (LNG) per annum for 10 years beginning in 2026.

The assessment concerns the land acquisition process for a Tanzania-Uganda oil pipeline project and an associated field development project.

India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.

Installation works for Nigeria's ANOH gas plant reached mechanical completion in line with the revised timetable.

Puntland, an oil-rich, semi-autonomous territory in eastern Somalia, will select a new president on January 8.

Azerbaijan, one of the birth places of the oil industry, is the third oil and gas exporter in a row to host the talks after the United Arab Emirates last year and Egypt in 2022.

Oil posted a weekly advance, bolstered by output disruptions in Libya and increased tensions in the Middle East.

The U.S. Department of Energy's Loan Programs Office announced a conditional commitment to LongPath Technologies Inc for an up to $189 million loan guarantee.