Industry News

CNOOC Inks Four More Leases in Brazil

Industry News - Thu, 2024-10-17 02:03
CNOOC has expanded its footprint in the Santos basin.

Peru Struggles to Find New Leaders for 'Broke' State Oil Company

Industry News - Thu, 2024-10-17 01:30
Peru's government can't find board members to lead its beleaguered state-owned oil company more than five weeks after its last board resigned.

Iran Suffers an Oil Leak Near Top Kharg Island Export Terminal

Industry News - Wed, 2024-10-16 15:00
Iran suffered an oil leak just a few miles from Kharg Island.

Oil Prices Steady as Geopolitical Risks Ease

Industry News - Wed, 2024-10-16 14:29
Oil steadied near $70 as traders balanced Middle East risks with the outlook for 2025.

Phillips 66 to Sell Swiss Fuel Retailer for $1.2 Billion

Industry News - Wed, 2024-10-16 10:08
'This transaction marks significant progress in delivering on our commitment of over $3 billion in divestitures'.

Henry Hub Reverts to Downtrend

Industry News - Wed, 2024-10-16 10:08
Rigzone talks to several analysts about the U.S. natural gas price.

European Gas Swings as Higher LNG Flows Counter Mideast Tensions

Industry News - Wed, 2024-10-16 09:00
European natural gas prices fluctuated.

Utica-Focused Tiburon Secures Investment from Post Oak

Industry News - Wed, 2024-10-16 08:12
Tiburon also closed on an initial acquisition of leasehold in the liquids rich portion of the Utica Shale play in Ohio.

Oil, Gas Investors Should Not Sweat the Polls

Industry News - Wed, 2024-10-16 06:45
Oil and gas investors shouldn't sweat the polls, Morningstar stated in a new report sent to Rigzone.

BSOG, DN AGRAR to Build 15 MW Biomethane Facility in Romania

Industry News - Wed, 2024-10-16 06:20
'While commercial scale production of biomethane is well established in Western Europe, this project represents the first of its kind in Romania'.

Baker Hughes to Supply Compression Tech to Kaminho FPSO Project

Industry News - Wed, 2024-10-16 05:29
Baker Hughes technology was selected because of its 'capacity to minimize emissions, eliminate routine flaring and reinject associated gas into the reservoir for storage'.

Woodside to Delist London Shares

Industry News - Wed, 2024-10-16 04:58
'Trading volumes of Woodside shares on the LSE are low and delisting from the LSE will reduce Woodside's administration costs'.

Path of Oil Prices in October Has Been Erratic, Standard Chartered Says

Industry News - Wed, 2024-10-16 04:40
'The path of oil prices in October to date has been as erratic as its September gyrations'.

3 Japanese Firms Bag Design Contract for CCS Project in Hokkaido

Industry News - Wed, 2024-10-16 04:27
The consortium will conduct specific technical studies on CO2 separation and capture as well as CO2 transport and storage.

Petrobras Consortium Inks 3 More Concession Contracts in Pelotas Basin

Industry News - Wed, 2024-10-16 03:40
The signing of these contracts is 'in accordance with the company's long-term strategy with the aim of diversifying its portfolio,' Petrobras said.

Kinaxis, ExxonMobil to Develop Energy Supply Chain Management Solution

Industry News - Wed, 2024-10-16 01:56
Kinaxis and ExxonMobil will focus on a supply and demand planning solution for the complicated fuel commodities market.

EU Energy Chief Warns Firms Seeking to Keep Russia-Ukraine Gas Transit

Industry News - Wed, 2024-10-16 01:30
'There are no excuses, the EU can live without this Russian gas'.

Mission Zero Technologies Begins Deployment of Its First International DAC

Industry News - Wed, 2024-10-16 01:30
Mission Zero's DAC system will be deployed at Deep Sky's carbon removal innovation and commercialization center in Canada.

Aramco Cancels Saudi Chemical Project as It Focuses on Asia

Industry News - Tue, 2024-10-15 16:00
Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom.

Oil Prices Plummet as Israel Eases Iran Strike Fears

Industry News - Tue, 2024-10-15 14:26
Oil prices plunged after reports suggested Israel may avoid targeting Iran's oil infrastructure, shifting focus back to expectations of a supply glut in early 2025 and weakening demand forecasts from OPEC.

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