Industry News

Why Is the USA Natural Gas Price Rising Today?

Industry News - Mon, 2024-12-30 09:31
Rigzone talks to analysts about the U.S. natural gas price.

New York to Charge Climate Adaptation Costs on Top Fossil Fuel Emitters

Industry News - Mon, 2024-12-30 08:30
'This type of legislation represents nothing more than a punitive new fee on American energy, and we are evaluating our options moving forward', lobby group the API warned.

US Export Credit Agency Finalizes $527MM Energy Loan for Guyana

Industry News - Mon, 2024-12-30 08:30
The EXIM board approved about $527 million in financing for an ExxonMobil-supported gas-to-power project that the export credit agency said would double Guyana's installed generation capacity.

Oil Output Spurs Record Quarterly Economic Growth in Senegal

Industry News - Mon, 2024-12-30 08:00
Senegal's economic growth rate surged to a record in the third quarter as the West African nation began exporting oil.

Methane Reduction Tech Firm Bags $6MM Grant from DOE

Industry News - Mon, 2024-12-30 06:00
'This funding opportunity allows us to demonstrate the potential of our innovative technology in providing meaningful solutions to combat methane emissions in the oil and gas industry'.

North America Drops 71 Rigs WoW

Industry News - Mon, 2024-12-30 05:46
North America dropped 71 rigs week on week, according to Baker Hughes' final North America rotary rig count of 2024.

GlobalData Looks at Global Oil, Gas Hiring Trends

Industry News - Mon, 2024-12-30 04:31
Hiring trends remain relatively better compared to pre-Covid levels, GlobalData said.

Venture Global Dispatches First Cargo from Plaquemines LNG

Industry News - Mon, 2024-12-30 03:49
'In just five years, Venture Global has built, produced and launched exports from two large-scale LNG projects which has never been done before in the history of the industry'.

European Gas Prices Fluctuate With Days Left on Transit Deal

Industry News - Mon, 2024-12-30 03:49
European natural gas prices hovered near the highest level this month.

Chevron Unlocks New Gas Production in Sanha Field in Angola

Industry News - Mon, 2024-12-30 00:30
The Sanha Lean Gas Connection project will deliver an additional 80 MMscfd of feed gas to Angola LNG and support power plants in the Soyo municipality.

Five Energy Startups Join Halliburton Labs Collaborative Ecosystem

Industry News - Sun, 2024-12-29 05:00
Five innovative companies have been added to the Halliburton Labs collaborative ecosystem to help them advance their commercialization with support from Halliburton's practitioners and business network.

First Supertanker to Be Scrapped in 2 Years Is a Dark Ship

Industry News - Sat, 2024-12-28 06:00
The 24 year old very large crude carrier was sold to an Indian scrapyard last week, according to a BRS Shipbrokers report and scrap dealer Wirana Shipping Corporation.

Oil Prices Close Higher in Year-End Trading

Industry News - Fri, 2024-12-27 14:33
Oil prices rose modestly in thin year-end trading, driven by supply concerns, Middle East tensions, and tight near-term market conditions, while investors weigh the outlook for 2025.

USA Oil Exports to China Dwindle as Demand Wanes, Buying Shifts

Industry News - Fri, 2024-12-27 10:14
U.S. crude exports to China plunged by almost half this year.

Virtual Reality Revolutionizes Training in Oil, Gas, GlobalData Says

Industry News - Fri, 2024-12-27 09:52
'Virtual reality primarily has applications around training across the oil and gas value chain,' GlobalData said.

Florida Battery Energy Storage Project Gets $28.7 Million Federal Grant

Industry News - Fri, 2024-12-27 09:30
To be built at the Birmingham Street Substation, the BESS project will store backup power for four facilities providing essential community services in Tallahassee.

NANO Nuclear to Acquire USNC Patents via Bankruptcy Auction

Industry News - Fri, 2024-12-27 08:30
NANO Nuclear signed a deal to assume ownership of the patents and intellectual property rights of Ultra Safe Nuclear via a Chapter 11 bankruptcy auction.

European Gas Jumps as Putin Doubts New Transit Deal Can Be Made

Industry News - Fri, 2024-12-27 08:00
Benchmark futures jumped as much as five percent Friday, the most in a week.

Macquarie Strategists Forecast Near 4MM Barrel USA Crude Inventory Drop

Industry News - Fri, 2024-12-27 06:15
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be down by 3.8 million barrels for the week ending December 20.

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