Rigzone Industry News

Global oil demand is expected to rise 2.2 MMbpd to 102.1 MMbpd in 2023.

Solar and wind generation this year is expected to climb 12 percent from current levels.

Vedanta expects the changing energy landscape to raise demand for oil and gas.

The first phase of the Rio Grande LNG project involves three liquefaction trains with a total capacity of 17.5 mtpa.

The Biden administration rejected over two dozen oil refinery requests for exemptions from biofuel-blending requirements.

McDermotth has been contracted for the Offshore Fuel Gas Pipeline and Subsea Cables project.

Despite the result, Petro Matad said data from the well would be useful in further exploration.

Japan sees a global gas stockpile as a guard against shortages and volatile prices.

HSBC leads peers in backing shareholder resolutions designed to force oil majors to adjust their business in response to climate change.

Prices of dirtier oil in Asia are surging, offering further evidence that Saudi's prolonged supply cuts are tightening the market.