Rigzone Industry News

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, decreased by 4.3 million barrels.

'Language affirming the long-called for 'phaseout' of oil, coal, and gas was rejected'.

The company has announced a near-field discovery on its 100 percent owned Ravenspurn South asset.

Venezuela and Guyana agreed not to use arms against each other in a first meeting to reduce tensions over the disputed Essequibo territory.

Seraya Partners is 'committed to bolstering the region's transition to net zero and accelerating the adoption of clean sustainable energy'.

State-owned Czech Transmission System Operator has completed the acquisition of NET4GAS Holdings.

'At the board level we have already approved going forward with a bond issuance worth $1 billion'.

Oil climbed from a five-month low, rallying with broader markets after the clearest sign yet that the Federal Reserve's aggressive rate-hiking campaign is over.

Freehold has signed agreements to acquire title and royalty stakes in Permian basin assets for $83.37 million.

Shell plans a phased campaign to deliver three wells in the Great White unit, designed to boost production at the Perdido Spar.