Rigzone Industry News

The two projects have a combined total capacity of 110 MW, providing a valuable source of energy security for the Texas grid once operational.

The U.S. Energy Information Administration raised its West Texas Intermediate oil price forecast for 2024 and 2025.

Australia's liquefied natural gas (LNG) exports will drop this year, continuing a trend from last year after reaching a record high in 2022.

Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027.

Oil futures were barely moved by Iran's unprecedented attack on Israel.

The arrest of vice minister for oil Erick Perez and vice minister for gas Juan Santana followed the detention of a former oil minister amid a probe into billions of lost PDVSA revenue.

The single LNG cargo is scheduled for delivery next month.

Leigh Howarth will be replaced by Stephen Rawlinson, currently STATS Group's director for North America and global sales director.

Andrew Jamieson is set to step down as CEO of renewables research organization ORE Catapult at the end of 2024.

The 27-member bloc has also stored 70.6 Bcf of gas in Ukraine.