Rigzone Industry News

Oil plunged to the lowest level in five months as signs of robust supplies piled up.

Texas LNG and ABB have also agreed on a framework for ABB to invest in the project.

A so-called dark fleet of tankers like the Liberty, which already existed before Russia invaded Ukraine, has ballooned.

Oil held steady in a lukewarm session after concerns that supplies are overtaking demand triggered the longest weekly losing streak in five years.

Stakeholders have called the cap effectively a limit on oil and gas production for the nation.

South Fork Wind became the first utility-scale wind farm in US federal waters to be brought into operation.

The total North America rig count is now 820.

Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP.

'However, the market response to the meeting has been highly negative'

'A call for evidence launched on December 4, 2023, and will stay open until January 26, 2024'.