Rigzone Industry News

The U.S. regular average gasoline price dropped to under $4 per gallon on Thursday.

Freeport LNG has withdrawn the force majeure that was declared for an explosion at the site.

Gasoline and oil prices should bounce back, according to Goldman Sachs Group Inc.

Shell and its partner Ecopetrol have verified the presence of gas in the Gorgon-2 exploratory and delimitation offshore well.

The American Petroleum Institute has joined with nearly 60 other trade groups in opposing the Inflation Reduction Act as passed by the Senate.

Oil gained after the International Energy Agency boosted its forecast for global demand growth this year, easing concerns about consumption.

OPEC expects global oil markets to tip into surplus this quarter.

Centrica and Delfin Midstream Inc have announced the signing of a heads of agreement.

California has adopted a report establishing offshore wind goals of 2,000-5,000 megawatts of offshore wind by 2030 and 25,000 MW by 2045.

'Resources of this magnitude present our shareholders with significant upside potential and opportunity'.