Rigzone Industry News

The facilities will exclusively be used by Trafigura to purchase liquefied natural gas (LNG) cargoes from U.S. exporters for supply to customers primarily in Europe.

The contract includes the installation of approximately 46.6 miles (75 kilometers) outstanding on the two 16-inch export pipelines.

The transaction value was not disclosed.

The $685 million contracts are for the addition of an advanced biofuels unit and a green hydrogen unit to the Sines refinery in Portugal.

Shell Plc said its earnings from gas trading rebounded in the third quarter.

Oil set its biggest weekly drop since March as the possibility of higher interest rates roils financial markets, overshadowing the tight physical setup for crude that caused prices to skyrocket in the third quarter.

Exxon Mobil Corp. is in talks to acquire Pioneer Natural Resources Co., according to a person familiar with the matter.

The consent agreement resolves the Notice of Proposed Safety Order that PHMSA issued to Equitrans on August 11 regarding the MVP project.

Rhode Island, Massachusetts and Connecticut signed an MOU for cooperation in offshore wind procurement.

Do oil and gas tankers have a use for artificial intelligence?