Rigzone Industry News

BNEF projects global oil demand for road transport will peak in 2027 as EV use surges in the coming years.

Eni said the hybrid power plant will be the first of its kind in Kazakhstan.

Enagas is offering logistics rights to an LNG terminal in northern Spain that has been idle for a decade.

The second stage of the Gorgon field project offshore Western Australia has begun producing gas.

'We expect a correction in 4Q23'.

Sultan Al Jaber, tapped to lead UN climate talks, said “the phase-down of fossil fuels is inevitable”.

The review raises the possibility that some important North American downstream facilities may change hands.

Exploration in the Americas is heating up, with TGS announcing three projects in the region over the past few days.

Saudi Arabia's plan to slash oil production by around 10 percent may hit its finances hard.

Except for gold, beef, and sugar, major commodity prices are down year on year, BofA Global Research highlighted in a new report.