Rigzone Industry News

BMI, a Fitch Solutions company, has revealed its latest global average jet fuel price forecasts out to 2027.

Coelacanth posted $1.59 million in net loss for the second quarter.

The PHMSA is proposing new regulations to prevent overpressurization and other emergency risks involving gas pipelines.

In its latest oil market report, the IEA pegged total OPEC+ crude oil production, excluding condensates, at 42.46 million barrels per day in July.

Seatrium has signed a letter of intent with Shell to provide construction work for the Sparta project in the Gulf of Mexico.

Eni has begun oil and gas production on the Baleine Field less than two years after its discovery.

Chevron has been served a notice of strike starting September 7.

Sinopec posted $4.8 billion in net profit for the first half of 2023.

Sasol's legal cases mount as South Africa's state-owned logistics company sues to recover oil pipeline tariffs.

Oil edged up alongside equities as thin summer trading left the commodity to follow broader markets.