Rigzone Industry News

The LOIs raise the total potential volume of Tamboran's Beetaloo Basin gas supply to 220 to 320 PJ a year.

The winds projects have been 'adversely impacted by a handful of supplier delays'.

'The EPA and the Department of Energy have been actively monitoring the supply of fuel'.

'Low volatility coupled with difficulty in sustaining downwards momentum often signals an impending upside break'.

ExxonMobil has projected the world will not meet 2050 emission reduction targets and expressed backing for sustained investment in the oil and gas industry.

Collectively known as the Skarv Satellite Project, the three discoveries are expected to start producing 2027.

This is the first time European majors send naphtha to Venezuela since the USA imposed sanctions on PDVSA in 2019.

BP has awarded Add Energy a 10-year contract for well support services including emergency control.

'Employment in Texas' oil and natural gas industry expanded for an eighth consecutive quarter'.

Oil edged up in a thinly traded summer session, settling above $81 a barrel, as the market took a substantial drop in US crude stockpiles in stride.