Rigzone Industry News

'We can't help but think that current Russian oil production levels might start to come under pressure over a longer-term time horizon'.

Front month West Texas Intermediate oil is at risk of a 'melt up'.

Aker Solutions has completed an immensely long work campaign that upgraded Equinor's drilling and production platform Njord A.

Chevron Corp. plans to operate its California refinery 'normally' amid a worker strike.

Petronas has been awarded new acreage onshore and offshore East Java in Indonesia's latest Petroleum Bid Round.

Oil rose for a third day as the war in Ukraine neared the one-month mark without a conclusion in sight, exacerbating supply concerns over the loss of Russian crude.

Port of Rotterdam has enabled Heerema's massive vessels Sleipnir and Thialf to switch from using their engines to using shore power.

Repsol signs a deal with Enhanced Drilling to deploy Riserless Mud Recovery system in a multi-well deal.

Kpler's Americas lead oil analyst offers his thoughts.

The war in Ukraine has complicated Russia's role in supplying commodities to China.