Rigzone Industry News

The EIB has agreed to lend $164.2 million to VGP Renewable Energy, supporting the company's energy transition.

The sale, held by the Interior Department Wednesday, brought in more than any federal offshore oil and gas lease auction since 2015, according to the U.S. Bureau of Ocean Energy Management.

Woodside Energy Group Ltd has signed an agreement to supply Pilgangoora Operations Pty Ltd with LNG from its Pluto LNG Facility on the Burrup Peninsula in Western Australia.

The U.S. DOE Office of Clean Energy Demonstrations is allotting up to $890 million in funding for 3 projects to demonstrate technologies designed to capture, transport, and store carbon emissions.

The U.S. Energy Information Administration lowered its Henry Hub natural gas price forecast for 2023 and 2024 in its latest short term energy outlook.

Capricorn Energy PLC has come to an agreement regarding the final settlement of subsequent payment terms for the divestment of its interests in the Catcher and Kraken fields to Waldorf Production UK PLC.

The UK has announced a plan to make the carbon capture, usage, and storage market in the country 'competitive'.

Mubadala Energy has announced a 'major' gas discovery in South Andaman, Indonesia.

The EU will provide $875,000 in emergency funding to help Finland ensure the safety of the area surrounding Balticconnector, as well as help with the investigation.

Cepsa has been granted a $87.5 million loan by the EIB for the construction of two solar photovoltaic plants in Andalusia.