Rigzone Industry News

Follow This stated that the fight against the climate crisis lost some of its momentum at BP with support for Paris climate targets dropping to 15 pct, down from 21 pct in 2021.

Africa is conservatively forecast to reach peak gas production at 470 bcm by the late 2030s, equivalent to 75% of the expected amount of gas produced by Russia in 2022.

The price of crude oil would be very different, a new report has outlined.

Oil managed a slim gain with the IEA highlighting the precariously tight state of global fuel stockpiles, while the EU signallled its members may not yet be able to agree on a Russian oil ban.

Venture Global LNG has secured two long-term sales and purchase agreements for a total of 2 MTPA of LNG from its Plaquemines and CP2 export facilities.

The U.S. Federal Energy Regulatory Commission has granted construction deadline extensions for two LNG projects facing opposition from environmental groups.

Chinese oil buyers are spoilt for choice right now.

Product cracks and refinery margins hit record highs.

As much as 17.5 gigawatts of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce opened an investigation into panel imports from southeast Asia.

TotalEnergies has started construction of the Eolmed project, operated by Qair and in which TotalEnergies has a 20 percent stake.