Rigzone Industry News

The Rockefeller Foundation's Coal to Clean Credit Initiative is leveraging carbon finance in phasing out a coal-fired power plant earlier than scheduled.

BrasFELS Shipyard has secured a contract to complete parts of the topside modules fabrication of an FPSO for the Raia project in Brazil.

Strike completed the SE3 appraisal well, confirming the South Erregulla gas field's continuity to the Northeast.

Losses grew bigger QOQ for Eco on higher operating expenses.

'In case the current actions are not enough, OPEC + countries will take additional steps to avoid speculations and volatility'.

Saudi Arabia slashed its official crude oil selling prices to Asia by the most since February.

Key oil market gauges indicate that supplies are outstripping demand, overshadowing Saudi Arabia's pledges that OPEC+ will deliver on its planned production cuts.

The transaction includes Kemira's manufacturing facilities in Mobile, Columbus, and Aberdeen in the USA.

Enbridge has been granted approval to replace a segment of pipelines now located on the lakebed of the Straits of Mackinac.

A Chevron-led consortium has asked Cyprus for a postponement of the start of the Aphrodite FEED.