Rigzone Industry News

Aramco, TotalEnergies, and SABIC have successfully converted oil derived from plastic waste into ISCC Plus-certified circular polymers.

China would be blocked from purchasing oil from the USA's emergency stockpiles under legislation slated for a Senate vote.

'We now expect to finish 2023 slightly below our plan on a full-year basis, all of which can be explained by expected lower commodity prices.'

The conversion will allow the company to 'reduce carbon emissions by almost 50 percent through the elimination of coal...'

QatarEnergy will supply up to 120 million barrels of condensates to ENOC.

United Oil & Gas posted $6.4 million in revenue for the first two quarters.

Increased domestic demand led to a halt in shipments over the summer.

The cancellation poses a major setback for a key part of Britain's climate plans.

Hera Group has secured $515.3 million from the EIB for energy sustainability and other projects.

'Rapidly developing CCS-related technologies and solutions offer abundant synergies across Buckeye's project development capabilities...'