Rigzone Industry News

Payouts from the world's biggest international oil companies hit a record $114 billion last year.

The Trinity assets are a 'natural extension of Touchstone's assets in Trinidad'.

The landmark agreement will grant Azule a 42.5 percent interest in Block 2914A in petroleum exploration license PEL85, located offshore Namibia.

'For the first time, an unmanned aircraft weighing more than 55 pounds that flies above 400 feet and beyond visual line of sight has been approved for commercial operations in the U.S.'

ConocoPhillips saw earnings for the first quarter fall year-on-year and quarter-on-quarter as weaker prices offset higher oil and gas production.

Is Trump likely to become president again in 2024? What would that mean for U.S., and global, oil and gas?

Operators are legally obliged to avoid disturbance to nesting birds.

Europa said changes in fiscal and operating conditions surrounding the lease have rendered the area unfavorable.

Chevron and its partners have been given six months to give unconditional consent to start the field's front-end engineering design.

The research will look into generation processes and the feasibility of extracting natural hydrogen in the country.