Rigzone Industry News

President Luiz Inacio Lula da Silva's government is moving toward allowing Brazil's state-run oil company to survey an ecologically sensitive offshore region.

The U.S. Energy Information Administration has increased its Brent spot average price forecasts for both 2023 and 2024.

Callon posted a net loss of $107.9 million for the second quarter.

Talos posted $13.7 million in net income for the second quarter.

Rigzone looks at a new report on UKCS decommissioning released by the NSTA this week.

'Solar distributed generation represents a tremendous opportunity to accelerate the energy transition alongside our clients.'

The collaboration targets industrial emitters in the UK.

Invictus is expecting the data to provide deeper leads in an area where it had already made oil and gas finds.

The upgrade ensures the continued operation of the Snohvit field and the attached LNG plant.

Oil supply cuts have curbed the need for tankers.