Rigzone Industry News

Former Bank of England governor said Russia's war on Ukraine and a deepening energy crisis will lead to a rise in greenhouse gas emissions.

Eni has signed an agreement with the Republic of Congo to increase gas production and export from the country.

Oil dropped for the third week out of the last four with China facing a large consumption hit and the Federal Reserve signaling that it will aggressively tighten monetary policy to curb inflation.

Schlumberger said Russia's war on Ukraine is spurring an exploration boom.

Rigzone's regular market watchers focus on pump prices, lease sales, Covid trends and more.

Morgan Stanley increased its third- and fourth-quarter price forecasts.

Since the U.S. began exporting more natural gas than it imports, natural gas exports both by pipeline and as LNG have grown significantly.

A 35-day-long salvage operation to refloat the ship began on March 13.

Liquefied natural gas suppliers are asking clients to pay much higher rates.

The process to appoint Watson's successor has already begun.