Rigzone Industry News

The lawmakers wrote that the megamergers would be likely to 'harm competition, risking increased consumer prices and reduced output throughout the United States'.

ExxonMobil said it now has the largest owned and operated carbon dioxide pipeline network in the USA.

Reliance's revenue from its oil to chemicals segment fell 7.3 percent year-on-year on lower oil prices.

Airlines have been snapping up oil derivatives contracts as the Israel-Hamas war raises the specter of a surge in fuel bills.

TotalEnergies is extending its interest in Oman LNG by ten years and in Qalhat LNG by five years, both beyond 2024.

The market is closely watching whether the Israel-Hamas war will disrupt regional flows as the heating season in the northern hemisphere expands.

Oil rose as a drop in the dollar made the commodity more attractive to importers and the Federal Reserve hinted it might be done raising interest rates, buoying a shaky outlook for crude demand.

Enterprise Products Partners has reported net income attributable to common unitholders of $1.3 billion for the third quarter, compared to $1.4 billion for the prior-year period.

Oil spill-hit Mill Creek is again flowing naturally.

Marathon posted $3.3 billion in net profit for the third quarter.