Rigzone Industry News

OPEC+ signaled it will stay the course.

'Since May 2023, DOE has distributed more than $407 million in Grid Resilience Formula Grants'.

One of Rigzone's regular market watchers takes a look at the latest EIA U.S. crude stockpile figures and Saudi Arabia's oil production cuts, and outlines what developments he'll be on the lookout for next week.

TechnipFMC has secured a new contract from Azule Energy, this time for the supply of flexible pipe for the Ndungu project.

Russia's commodity export hub in the Black Sea was closed for several hours on Friday.

Wildfires and a pipeline outage resulted in an average production impact of about 24,400 boepd.

'In August, we expect a draw in crude inventories as recently underperforming refinery runs close the gap versus expectations'.

Occidental collected $860 million in net income for the second quarter.

ConocoPhillips has signed up for about 2.2 Mtpa of LNG from Mexico Pacific.

Tourmaline has come onboard the Ksi Lisims LNG project.