Rigzone Industry News

Halliburton reported $610 million in net income for the second quarter as the oilfield service provider's revenue rose.

The undersea cable will connect the electricity grids of Greece, Cyprus and Israel for the exchange of up to 1,000 MW.

Adnoc, seeking to expand its chemical operations, has boosted its takeover offer for Covestro $12.4 billion.

Oil fell amid pressure from a stronger dollar, with traders largely ignoring a US stockpile report that signaled tighter markets.

Fluor marked a milestone as it completed the module fabrication program in an LNG Canada project in British Columbia.

Petrofac's solutions business will provide integrated services for the Espoir Ivoirien FPSO vessel.

The deal provides for the stable delivery of LNG from Argentina to the EU.

The company said most of the oil was recovered immediately and the leak is now under control.

Importation from Europe has been driven by higher gasoline prices on the East Coast and lower freight costs.

Fervo successfully completed a well test to confirm the commercial viability of using oil and gas drilling technology for geothermal energy.