Rigzone Industry News

Daily primary processing rates averaged 5.63 million barrels over August 1-16.

Pakistan's fuel oil shipments have jumped more than five times.

The company noted that the acquisition is immediately accretive to its production, reserves and adjusted free cash flow.

Oil posted its first weekly loss since June as low trading volumes left the market vulnerable to macroeconomic concerns, overshadowing signs of a tight physical environment.

Argentina has fixed the price of oil received by drillers at $56.

Upon closing of the transaction, AEP said it gained a net of approximately $1.2 billion in cash after taxes, transaction fees, and other customary adjustments.

HF Sinclair Corporation is acquiring Holly Energy Partners.

'It is positive that we can still make such discoveries in an area with good infrastructure for oil and gas'.

ADX Energy Ltd has received a permit to drill the Welchau-1 well in the ADX-AT-II license in Upper Austria.

Senators Bill Cassidy, Joe Manchin, Ted Cruz, and John Kennedy wrote a letter to DOI Secretary Debra Haaland.