Woodfibre LNG to Add 900 Staff, Applies for Second Housing Floatel
The application seeks regulatory approval to moor a second floatel adjacent to the current floatel, the MV Isabelle X, to add approximately 900 employees to the construction project.
Standard Chartered Says OPEC+ Policy 'Explained by 2 Main Factors'
It is very easy to fall for the temptation of layering various types of conspiracy theories together as explanations of changes in OPEC+ policy, analysts at Standard Chartered Bank said.
Harbour Energy Expects to Cut Around 250 Jobs
Harbour Energy has told Rigzone that it expects to cut around 250 jobs.
Marubeni to Invest in ExxonMobil Ammonia Project in Texas
The Japanese diversified company also agreed to buy about 250,000 metric tons a year of ammonia from the planned project.
Impairment Hurts Ovintiv Results
Ovintiv reported a net loss of $159 million for Q1.
Aster Acquires Chevron Phillips Singapore Chemicals
Aster will take over a 400,000 tons per annum high-density polyethylene manufacturing facility on Jurong Island.
Russia Budget Gap Widens as Oil Revenue Falls for Third Month
The monthly shortfall reached RUB 1.05 trillion ($13 billion) after being in surplus a month earlier.
Oil Drops on Powell Rate Comments
Oil prices fell after Fed Chair Powell signaled no rush to cut rates.
China Halts Imports of US Oil in Negative Sign for Shale Drillers
China halted purchases of U.S. crude in March as trade tensions between the two countries ramped up.
EPCOR Sells Texas Gas Utility to SiEnergy
The divestment is part of EPCOR's drive to focus on water opportunities in Texas.
India's First Offshore Decommissioning Project Completed
The Panna-Multa and Tapti joint venture partners completed India's first offshore facilities decommissioning project.
Why Is the USA Natural Gas Price Rising?
Rigzone talks to several analysts.
Sunoco to Buy Parkland Corp in $9B Deal
Sunoco LP announced that it will acquire Parkland Corporation in a transaction valued at $9.1 billion.
US DOE Pauses Fossil Fuel Ban on New Federal Buildings
The DOE has shelved a Biden administration rule that mandates U.S. federal agencies to design only fossil fuel-free buildings starting 2030.
Valaris at a Loss on Tax Expense
Valaris reported a net loss of $39 million for the first quarter of 2025, hurt by a tax expense of $194 million.
Macquarie Strategists Forecast USA Crude Inventory Build
In an oil and gas report sent to Rigzone late Monday by the Macquarie team, Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up for the week ending May 2.
Iberdrola Raises Quarterly Revenue to $14.6 Billion
The Spanish power and gas utility reported about $14.62 billion in revenue for Q1, up 1.5 percent from the same three-month period last year.
Uniper Q1 Profit Slumps
The German power and gas utility reported about $93.2 million in net income for Q1, down around 83 percent year-on-year.
Nigeria LNG Plant May See Gas Supplies Climb 12 Percent on Seplat Deal
Africa's biggest LNG plant, whose operations have been hobbled by fuel theft, is set to see gas supplies jump once a deal with Seplat Energy goes into effect, an executive said.
