Rigzone Industry News

New Fortress Energy is working to start production at its Fast LNG unit offshore Altamira, Mexico, in the coming days.

Norway's gas output averaged 11.4 Bcfpd last month, maintaining a consistent year-on-year growth in monthly production in 2024.

The company won't proceed with plans for stand-alone biofuels production units at its Cherry Point refinery in the US and its Lingen plant in Germany.

Britain's top court delivered a blow to UK oil drilling.

Oil rose as a drawdown in US crude inventories extended a rally that has been supported by a hot streak for equity markets.

Cheniere upsized its stock redemption program by $4 billion through 2027 and announced a plan to raise its quarterly dividend by about 15 percent on an annual basis.

Citizens Energy Group started the upgrade of the final four miles of the aging, cast iron natural gas piping of a 4,000-mile distribution network.

'The OD OBN technology will be important in the reduction of greenhouse gas emissions during our seismic acquisition operations offshore'.

'By approving tailpipe standards that focus exclusively on electric vehicles, EPA has ignored the proven benefits corn ethanol plays in reducing greenhouse gas emissions and combating climate change'.

The U.S. Energy Information Administration lowered its U.S. gasoline and diesel price forecasts for 2024 in its latest short term energy outlook.