Rigzone Industry News

'Another week of U.S. crude and fuel draws and we have piddly oil prices'.

Copenhagen Infrastructure Partners is looking to raise $13 billion to invest in renewable energy.

India has been strengthening its climate commitments but faces a challenging road to net zero, according to BMI.

Saudi Arabia is sensitive to the 'weak level' of demand in the world, according to Ed Morse, the Global Head of Commodities Research at Citi.

The USA has opened bidding for the supply of six million barrels of crude to be deposited into the SPR.

Caribbean countries hope to reaccess Venezuelan oil.

The IMO has agreed to set a pricing mechanism for emissions and enforce a fuel standard toward net zero by 2050.

Pemex lost output capacity for about 700,000 barrels of oil after a platform explosion that left at least two people dead.

President Joe Biden highlighted a $60 million investment from Enphase Energy Inc. as proof his economic agenda is creating jobs for American workers.

Norway's experience suggests that electric cars aren't a panacea for carbon emissions.