Rigzone Industry News

Invictus Energy is looking to develop the world's first carbon-neutral oil and gas project on a Scope 1 and 2 basis.

Downside risks are becoming more prominent.

McDermott International and KBR have signed a licensing agreement for KBR's proprietary ammonia technologies.

Chevron Corporation (NYSE: CVX) and BP (NYSE: BP) have announced leadership changes.

BP's latest annual statistical review of world energy has revealed the biggest producers and consumers of renewable energy.

Cerulean Winds and Ping Petroleum UK have signed an agreement to create one of the UK's first offshore oil and gas facilities powered by offshore wind.

Companies drilled 38 high-impact exploration wells in the first half of 2022 and the year is set to finish with most such wells drilled since 2019.

Oil plunged after a US inventory report signaled slowing demand and the Organization of Petroleum Exporting Countries agreed to a small production increase in September.

CGG has secured a multi-year deal with BP to support its subsurface digital strategy, and licenses two new studies in the U.S. to an energy company.

Fitch Solutions Country Risk & Industry Research reveals its latest Brent oil price forecast.