Rigzone Industry News

Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.

TG Natural Resources, Inc. (TGNR) is acquiring Rockcliff Energy II LLC, an upstream natural gas company focused on developing the East Texas Haynesville Shale.

'Digital workflows are a key component to successfully managing CO2 through the end-to-end value chain, from capture point to permanent storage'.

'We can - and must - do better by focusing on what we can control'.

Wall Street forecasters see some scope for a recovery in oil prices next year, though perhaps not a significant rally.

Oil eked out a small gain for the week, snapping a seven-week losing streak, as signs that the Federal Reserve's aggressive rate-hiking campaign is over bolstered risk assets.

Pine Cliff at the same time entered into a three-year secured term debt facility provided by a private institutional investor to fund a portion of the purchase price.

'We are honored to partner with the Borderlands Research Institute on this important effort'.

Evidence of a slowdown in oil demand is mounting, the International Energy Agency noted in its latest oil market report.

'California's policies have made it a difficult place to invest so we have rejected capital projects in the state'.