Rigzone Industry News

Gasoline prices in the U.S. have fallen for 70 days straight.

Northern Oil and Gas has entered into a definitive agreement to acquire non-operated interests in the Midland Basin for $110 million in cash.

Huisman has designed a new semi-sub drilling rig that can be powered by onshore hydroelectricity but also using floating wind turbines.

OPEC+ may be forced to cut production.

The Pikka oil project will be funded with Santos' internal cash flow.

Warren Buffett is steadily snowballing a stake in Occidental Petroleum Corp.

The U.S. Department of Energy has released three reports showing that wind power remains one of the USA's fastest-growing energy sources and a generator of high-quality jobs.

Shifting purchasing patterns add another dimension to an already-complex global market.

Warren Buffett's Berkshire Hathaway won approval from U.S. regulators to buy as much as 50 percent of Occidental Petroleum Corp.

Wells Fargo bungled the 2020 sale of Occidental Petroleum shares on behalf of an employee trust, leading to millions of dollars in losses.