Rigzone Industry News

The first major law Republicans passed under newly installed Speaker Johnson would cut billions of dollars in consumer rebates for energy efficiency upgrades.

Oil surged the most in two weeks after Israel's military said it was “expanding ground activity” in Gaza this evening, reviving concerns about the conflict spreading more broadly.

The plan seeks faster permitting and funding access for wind projects.

An initiative to improve energy efficiency in the USA residential, commercial and industrial sectors has saved $18.5 billion from its launch in 2011 to date.

Baker Hughes reported a net income of $518 million for the third quarter, compared to a net loss of $17 million in the prior-year period.

The Kobra East & Gekko project has been delivered early and under the original budget of $710 million (NOK 8 billion).

Lease Sale 261 is meant to be the last for the Gulf of Mexico till 2025.

Antero now expects 3.39–3.41 Bcfepd in average output for 2023.

Nextracker's revenue for its FY2024 second quarter ended September 29 reached $573 million, up 23 percent year-on-year.

TotalEnergies' adjusted net income for the third quarter rose 30 percent from the prior period to $6.45 billion.