Rigzone Industry News

Oil clung to gains on expectation that a US economic rebound would bolster demand even as the possibility of interest rate hikes weighed on other markets.

The Biden administration is considering ways to expand a little-used emergency fuel reserve in New England, according to people familiar with the matter.

The U.S. Strategic Petroleum Reserve has proven to be a significant source of confusion and misinformation.

Woodside Energy and LanzaTech have announced a strategic collaboration with the signing of a strategic framework agreement.

Shell is exploring the feasibility of carbon transport and storage options in Brunei and Singapore.

Energean has confirmed that first gas has been safely delivered at the Karish field offshore Israel.

The union said workers voted 'overwhelmingly' for industrial action.

Norway is now comfortably Europe's number one gas supplier with more than 25 percent of market share.

Saudi Aramco has created a $1.5 billion fund to invest in technology supporting a stable and inclusive energy transition.

Over 450 offshore drilling and drilling maintenance workers have accepted an improved offer of 10 percent on their rates of payback dated to June 1, 2022.