Rigzone Industry News

Airbus will provide technical information and cooperating on research and technology activities on sustainable aviation fuel.

The Israeli RE firm posted $4.8 million in profit for the first half.

Belgium has received EU for a revised 2021-31 state aid offered to companies that allot capacity to be used during shortages.

Ireland has made one of the boldest moves of any nation in Europe in the name of climate action.

'Europe must scale up funding to support an orderly transition and position itself among other industrial heavyweights in the new energy economy'.

Projects that joined the bidding totaled 516 MW.

Once complete, the Central West Orana REZ will deliver at least three gigawatts (GW) of transmitted electricity.

The new business 'will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time'.

Nearly 2.5 million barrels a day of refining capacity will go offline for maintenance from September through December, according to data from Energy Aspects LTD.

Oil fell, with the US benchmark tumbling below $90 a barrel, as worries about further interest rate increases and a slowdown in the economy roiled broader markets.