Rigzone Industry News

'The process we are starting today provides us mechanisms to initiate a structured exit from the GPX project'.

The U.S. Energy Information Administration's latest fuel update showed that the U.S. regular gasoline price is in a declining trend.

Standard Chartered analysts said oil price dynamics remain lackluster.

The state-owned integrated energy company reported $6.9 billion in net profit for FY2024.

Three NGOs joined forces with climate survivors to sue TotalEnergies' board and main shareholders in Paris.

Venezuela's opposition is weighing a move that would slow the sale of oil assets under its control by having Citgo Petroleum Corp.'s holding company file for bankruptcy in the US.

Rheinland is Shell's second-biggest oil-processing complex in Europe.

Oil fell, weighed down by declining equity markets and a government report that showed US crude stockpiles increasing less than projected.

The company has drilled two exploration wells to date this year.

Oil industry titans are opening their checkbooks to support Donald Trump.