Rigzone Industry News

Unexpected remedial work has been found on the FPSO facility.

Kenya, Uganda and Zimbabwe have agreed to buy petrochemicals from Iran in exchange for the sanctions-hit country importing other goods.

Two Texas Congressmen are urging the Environmental Protection Agency to reject their state's effort to oversee underground carbon storage.

'Further constraints on oil and gas capital are the greatest threat to the U.S. taxpayer.'

The High Ambition Coalition warned against the exploitation of abatement technologies as an excuse to allow continued fossil fuel extraction.

The first production well has been brought onstream with a second expected to follow suit this month.

India is in talks with traditional Middle East crude exporters for boosting purchases as Russian imports lose their pricing edge.

The UAE has received support from the OIF and India for its hosting of the UN's main climate forum at the end of the year.

Bonds from Pemex declined after Fitch Ratings kept a negative outlook on its debt position.

Oil declined as disappointing Chinese economic data and a resumption of Libyan production undercut signs of a tightening market.