Rigzone Industry News

Nine Aframax vessels owned by Sovcomflot PJSC have been idling at sea for more than a week after discharging cargoes.

Rigzone's regular market watchers focus on the reasons behind the wild oil price moves, the state of pump prices, energy import bans and more.

Oil's tumultuous rally paused after U.S. inflation rose to a fresh 40-year high, sparking worries that surging prices could hasten the onset of demand destruction.

The API, EWTC, TIPRO, TXOGA and LOGA have their say.

Equinor has started drilling operations on its Kveikje exploration well in the Norwegian section of the North Sea.

No matter how high gasoline prices may seem in most U.S. states, California has them beat.

The Oil and Gas Climate Initiative has launched an initiative aiming to assist the energy industry with reaching zero methane emissions.

U.S. imports of Venezuelan crude averaged 436,000 barrels per day in 2018 before sanctions.

Granholm appeared to offer an olive branch to the industry that President Joe Biden once shunned.

Baker Hughes has won a contract from Venture Global LNG to provide an LNG system for Phase 1 of the Plaquemines LNG project in Louisiana.