Rigzone Industry News

Germany is aiming to halve imports of Russian oil by mid-year, Der Spiegel magazine reported, citing an Economy Ministry paper.

North Dakota, Colorado and Wyoming are among the first places to use crypto mining to slash methane emissions.

Pantheon Resources has started testing of the Theta West 1 well with flows exceeding pre-drill resource estimates of 1.2 billion barrels of oil.

Oil posted its first weekly gain in three weeks as the European Union continued to debate how it can decrease its reliance on Russian exports and Saudi Arabian energy assets came under attack.

Chevron Corp.'s oil production venture in Kazakhstan is curbing output.

Rigzone's regular market watchers focus on Iran nuclear deal talks, the energy market effects of the Russia-Ukraine conflict, pipeline damage and more.

What West Texas Intermediate (WTI) oil price do companies need to profitably drill a new well in the U.S.?

Shell has announced that it will inject up to $33 billion into the UK's energy system following the company cutting all ties with Russia.

BofA Global Research published its top equity picks with the greatest exposure to higher-for-longer gas prices.

Oil tumbled as traders weighed the impact of rising trading costs on the major exchanges while President Joe Biden is set to address the Russia-Ukraine war in Europe.