Rigzone Industry News

China's crude buyers have paused purchases of some Russian oil.

Sami Iskander will leave Petrofac at the end of March 2023.

Neptune Energy has urged the UK Government to make regulatory changes that would enable the delivery of more gas to households and businesses.

A sum of $500 million has been earmarked for the U.S. Strategic Petroleum Reserve.

One of Transocean's units has formed a joint venture with Perestroika and funds managed by Lime Rock Management to buy a newbuild drillship from DSME.

'Lario is an attractive bolt-on to our existing Martin County position, home to some of the best rock in the Permian Basin'.

Freeport LNG Development has provided an update on reconstruction works.

With the December WTI futures contract expiring on Monday, the market has shifted its attention to January.

TotalEnergies is planning to look for oil off South Africa's West Coast, where environmental groups have increasingly opposed such activity.

The country has attracted widespread criticism and a plea from John Kerry, the US's special presidential envoy for climate.