Rigzone Industry News

OPEC predicted an even tighter global oil market next year.

NextDecade said the $18.4 billion project financing for RGLNG Phase 1 is the largest greenfield energy project financing in U.S. history.

While China and Europe lead the growth in clean energy, deployment is reaching other parts of the globe.

'The problem right now is that the world thinks it needs a higher price'.

'Modernizing energy codes is one of the most cost-effective ways to improve energy efficiency...'

TransAlta and TransAlta Renewables have agreed to merge to strengthen their position in the clean electricity sector.

Eco is selling about a fourth of its stake in South Africa's Block 3B/4B to Africa Oil SA for up to $10.5 million.

New Zealand has less than 10 years of natural gas available in its existing fields.

The U.S. Energy Information Administration has revealed its latest Brent and West Texas Intermediate oil price forecasts.

Tighter supplies and slower US inflation helped crude break out of the trading range it had been stuck in for about two months, with Brent crude closing above $80 a barrel for the first time since April.