Rigzone Industry News

Magellan Midstream Partners reported a net income of $239 million for the second quarter.

PBF declared a second-quarter net income of $1.03 billion.

'The oil and gas industry has relied on traditional computers to tackle their mathematical challenges for decades'.

The Druzhba pipeline operator plans to resume pumping oil Tuesday.

The USA producer nonetheless plans to sustain record production through the rest of 2023.

Cheniere Partners collected $622 million in net income for the second quarter.

Russia expects to get a huge inflow of energy revenue by the end of this year.

Wressle 1 has started producing small amounts of water.

Crude's current winning streak is the most in over a year.

Kimbell estimates 2024 production from the assets to be 5,049 boepd.