Rigzone Industry News

The bank will provide nearly $48.5 million for an innovative closed-loop geothermal project being implemented for the first time at a commercial scale.

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

Guyana's tax agency is taking Exxon Mobil Corp. to court.

Oil edged higher as technical levels supported prices, even after Hamas said it agreed to a cease-fire proposal by Qatar and Egypt.

North America dropped six rigs week on week, according to Baker Hughes.

The European Commission cleared under state aid rules the Czech Republic's financial backing for a 1,200 MW nuclear power plant.

The company posted 11 percent growth in comparable EBITDA compared to first quarter 2023 and approximately four percent growth in segmented earnings year-over-year.

Gunvor will purchase approximately 44,000 metric tons of LNG per annum from LNEnergy at its planned small-scale LNG production facility at the Colle Santo gas field, located onshore Italy.

The study is focused on exploring the potential benefits of integrating LNG regasification and CO2 liquefaction processes at Dragon LNG terminal facilities.

The Houston-based company posted adjusted net income of $1.63 billion, or $2.82 per share, for the quarter, compared to $1.58 billion, or $2.69 per share, in the same period in 2023.