Rigzone Industry News

Chevron Australia's LNG Workers started their planned strike of at least three weeks.

Covestro agreed 'to enter into open-ended discussions with Adnoc'.

MENA needs a 20-fold surge to replace cheap natural gas and avoid costly economic losses in the energy transition.

With the transaction, Precision adds 62 marketed service rigs and seven marketed drilling rigs in Canada and 11 marketed drilling rigs in the USA.

Russia's budget moved back into the black last month.

Oil posted a second straight weekly gain after supply curbs from OPEC+ leaders Saudi Arabia and Russia were extended for the rest of the year.

An oil tanker carrying Russian crude is now approaching the coastline of Brazil after 16 days of journey.

'At 416.6 million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year'.

The cancellations are due to alleged legal shortcomings in environmental clearance.

There are now six active jack-up rigs in the Gulf of Mexico.