Rigzone Industry News

This is the third long-term naphtha sale announced by QatarEnergy this month, following agreements with Idemitsu Kosan and Haldia Petrochemicals.

Covestro entered concrete negotiations with suitor ADNOC on a potential takeover that could value the German chemical company at about $12.5 billion.

The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow.

Russian warning of consequences against USA following a Ukrainian missile strike in Crimea supported crude prices Monday.

The funding will 'help strengthen America's domestic nuclear industry and spur follow-on reactor projects'.

'The new gas product portfolio offers a diversified portfolio of contracts in a competitive, open market environment'.

BP is eyeing to develop new platforms for bioenergy such as next generation ethanol, sustainable aviation fuel (SAF) and biogas.

The Ubeta gas condensate field located in OML58 will be developed with a new six-well cluster connected to the existing Obite facilities through a buried pipeline.

The lawmaker behind a languishing California bill forcing the two largest U.S. pension funds to divest an estimated $15 billion in oil and gas assets vowed a renewed push for its passage.

Intrepid Investment Management created a partnership with Meritz Securities to pursue credit investments in the North American energy sector.