Rigzone Industry News

European Union member states are racing to clinch a political agreement within weeks that would impose a price cap on Russian oil.

Oil posted its longest stretch of weekly losses this year as central banks around the world stepped up the fight against inflation at the cost of economic growth.

Scholz leaves Saturday on a two-day trip to Saudi Arabia, United Arab Emirates and Qatar.

Cheniere Energy and Cheniere Energy Partners have promoted Corey Grindal to the position of EVP and COO, effective January 2, 2023.

Even under the most aggressive energy transition scenario, the world will need oil and gas until 2050, Wood Mackenzie said.

Forecasters indicate the U.S. could see a strong hurricane enter the Gulf of Mexico by mid-week.

OMV and Wintershall Dea have awarded a drilling contract to the Transocean Norge semi-submersible rig worth $437 million.

The Proposed Notice of Sale for Lease Sale 258 in Cook Inlet, Alaska, will be going ahead under the Inflation Reduction Act.

BSEE director welcomed officials from the Land and Mineral Management at Ohmsett, the National Oil Spill Research Testing Facility.

California's repeated brushes with blackouts proved too much for Taylor Farms.