Rigzone Industry News

The oil spill detection system is cloud-based and 'complies with the highest IT security standards'.

Sinopec NZRCC will license Lummus' Novolen process technology for a new polypropylene plant in Ningbo, China, with a capacity of 500,000 tons per annum.

The DOE will provide more than $38 million in incentives for 66 hydro facilities across the country.

Argentina is home to the world's second-biggest trove of shale gas in Patagonia's Vaca Muerta.

Oil posted its largest weekly gain in a month after Iran said a new front in the conflict between Israel and Hamas was possible. Traders also covered bearish bets ahead of a widely expected invasion of Gaza.

The U.S. imposed the first sanctions for violations of the price cap on Russian oil introduced by the Group of Seven nearly a year ago.

TC Energy Corp has appointed industry leader Hal Kvisle as the Chair of its new liquids pipeline company's board of directors.

Tamboran sees the USA as a more suitable investment environment for the company's future compared to Australia.

U.S. crude oil stocks, not including the SPR, stood at 424.2 million barrels on October 6, according to the EIA.

The U.S. reached an informal understanding with Qatar.