Rigzone Industry News

APA is divesting non-core producing oil and gas properties in the Eagle Ford shale, East Texas Austin Chalk and Midland basin to undisclosed entities for aggregate proceeds of over $700 million.

Rigzone speaks to the CATO Institute, the American Enterprise Institute, Rice University's Baker Institute for Public Policy, and the Heritage Foundation.

Macquarie and J.P. Morgan take a look at the upcoming OPEC+ meeting on June 1.

Russia temporarily lifted its ban on gasoline exports to avoid overstocking at refineries as domestic supplies have met demand.

The African Energy Chamber slammed Friends of the Earth for purportedly disrupting a forum recently held in Paris to promote energy investment in Africa.

Sable Offshore saw its net loss deepened for the first quarter to $180.1 million.

Even with big events happening in the Middle East, oil trading has been relatively lackluster as volatility seeps out of the market.

Azule Energy awarded Saipem engineering works for the Ndungu field offshore Angola, in a contract worth $850 million.

'Innovative technologies deployed at scale can help reduce the costs of reducing carbon emissions'.

'Our divestiture of the Qatar Jack-Up Fleet and exit from the joint venture are consistent with our ongoing efforts to strengthen and simplify our business'.