Rigzone Industry News

The EIA forecasts that the consumption of petroleum and other liquid fuels will rise in the U.S. in 2024.

'Treasury is prepared to amend or revoke authorizations at any time'.

Baltic Power is targeted to boost the country's energy system with the addition of nearly 1.2 gigawatts in 2026.

France was among several European nations to slap windfall taxes on oil companies after Russia's invasion of Ukraine drove up energy prices.

Sweden has channeled $27.4 million into Moldova's energy sector to support vulnerable households through the winter and contribute to long-term energy efficiency and expansion of infrastructure.

QatarEnergy will supply Shell with up to 3.5 MMtpa of LNG for 27 years.

Marathon Oil bagged a five-year order of LNG from Glencore to be sourced from Equatorial Guinea.

The acquisition increases Peyto's production to 123,000 barrels of oil equivalent per day.

The agreement 'builds on the long-standing relationship between the UAE and Japan'.

Iran has called for Muslim countries to impose an oil embargo on Israel.