Rigzone Industry News

Avance's orders from CIMC SOE are in addition to two gas vessels earlier contracted from the China-based builder.

The government told partners in the Kashagan oil venture it will press ahead with arbitration in a $13 billion dispute.

The EU has stockpiled 1,024 TWh of gas.

The total volume for the year so far rose 70.6 MMcf compared to the same period last year.

Hundreds of ships were left unable to move between the Black Sea and the Aegean.

Crude futures fell as signs of a thaw in US relations with sanctioned oil producers Iran and Venezuela undercut expectations of tightening global supplies.

Commonwealth LNG has tapped Baker Hughe's tech solutions for its 9.3 MMtpa LNG project in Louisiana.

The government is offering $30 million in grants for research on 'environmentally benign' ways to extract minerals from coal.

TotalEnergies has agreed to secure a 40 percent stake in the CO2 storage exploration license ExL004 from CapeOmega.

The deal will give Permian Resources 'a pro forma market cap of about $10 billion'.