Rigzone Industry News

Oilfield services giant Schlumberger has expanded its global Innovation Factori network with the inauguration of a new center in Oslo, Norway.

Producers in the aggregate are looking at about $42 billion in oil and gas hedging losses through 2023, according to BloombergNEF calculations of data from last year.

The Aker BP and Lundin Energy merger has been given a green light from all necessary authorities.

Record fuel exports from the U.S. Gulf Coast are eating into domestic supplies.

Shale drillers Diamondback Energy Inc., Devon Energy Corp. and Coterra Energy Inc. are boosting dividends.

Gas prices could rocket in the near term if Russia implements shutoffs to more countries.

ExxonMobil has announced estimated first-quarter 2022 earnings of $5.5 billion, slightly higher than the prior quarter.

The U.S. added three rigs week on week, according to Baker Hughes.

The annual performance review for the UK's top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.

Check out some of Rigzone's top stories this week.