Rigzone Industry News

The 2.6-gigawatt CVOW project will generate enough clean, renewable energy to power up to 660,000 homes once fully constructed in late 2026.

Canadian Natural hit record levels of production in company history.

ConocoPhillips saw lower prices offset record production.

Cheniere's third quarter was boosted by derivatives trading but dented by weakening margins.

Shell's capital deployment strategy favors repurchasing company stocks more than absorbing rivals.

The NSTA regulator would be required to invite applications to drill for fossil fuels in the North Sea each year.

Valaris has secured contracts and extensions with an associated contract backlog of approximately $480 million.

IPC reported that its assets delivered an average net production of 50,200 barrels of oil equivalent per day, which is 'above its high-end guidance for the third quarter in succession'.

The funding supports three transmission line projects totaling 3.5GW.

Wages for U.S. oil workers climbed for a third straight month.