Rigzone Industry News

Oil rose as the shutdown of Libya's biggest oil field strains an already under-supplied market, overshadowing signals that China's drastic pandemic lockdowns are weighing on economic growth.

Ndubuisi Maduemezia, the VP of Investor Relations at Schlumberger, has joined The African Energy Chamber (AEC) as a board member.

Fitch Solutions Country Risk & Industry Research has made a 'substantial' upward revision.

The Golden Eagle, Piper, and Claymore field owners have executed new agreements reaffirming their commitment to export produced oil to the Flotta Terminal until the end of field life in the 2030s.

As Europe suffers its worst energy crisis in a generation, French presidential candidate Marine Le Pen is proposing to subsidize consumption while further curtailing supply.

Dry natural gas production from the Haynesville shale play in Texas and Louisiana reached new highs in the second half of 2021 and remained relatively strong in early 2022.

California, which aims to have a carbon-free power grid within 25 years, got a short glimpse of that possibility earlier this month.

Wood will provide conceptual engineering for the H2 Magallanes Project, a large-scale green hydrogen production facility to be built in Chile.

Exxon is undertaking pre-FEED studies to determine the potential for CCS to reduce GHG emissions from multiple industries in the Gippsland Basin.

AquaTerra has carried out an inspection program on the Stena IceMAX drillship during its stay in Las Palmas in the Canary Islands.