Rigzone Industry News

The project's second phase aims to produce 15,000 metric tons of LPG at the Batanga facility.

The company is now assessing potential options for developing the Bergknapp discovery.

Oil rose as a drawdown in US stockpiles helped thaw a market frozen by concerns about excess supplies.

Exxon Mobil Corp. introduced a new compensation policy that would pay some traders cash bonuses.

Shell will sell 60 percent interest in Brazos Wind Holdings and 50 percent interest in Madison Fields.

The DOE plans to award $42 million in research and development funding to realize practical inertial fusion technology.

'The sale of CrownRock could also be the first leg of a triple crown of mega sales by private companies in the Permian'.

Aramco signed agreements to acquire a 40 percent stake in Gas & Oil Pakistan.

The world's biggest ESG fund class, which sits on roughly $5 trillion of client assets, has raised its exposure to the oil and gas sector by about two-thirds since stricter regulations were enforced 2.5 years ago.

'When I spoke to you at the very start of COP, I promised a different sort of COP'.