Why Is the Oil Price Rising Today?
Rigzone talks to several analysts.
Explosive-Packed Drone Boat Slams Into Oil Tanker in Red Sea
An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen.
Aker Solutions Bags EPCIC Contract for Equinor's Troll Asset
The contract is for the prepararion of the Troll A platform for receiving and processing gas from eight new wells at Troll West gas reservoir.
Technip Energies Vietnam Olefins Plant Passes Final Test
'This is a great milestone for Vietnam and another example of our know-how to improve energy efficiency through our proven ethylene technology'.
SLB, ADNOC Drilling Form JV for UAE Unconventional O&G
The JV will focus on fast-tracking the United Arab Emirates' (UAE's) unconventional oil and gas program, with an initial 144 wells scheduled for completion by the end of 2025.
Hess Denies Oil Price Maneuvers by CEO
Hess admitted its CEO had indeed engaged with OPEC officials but that the interactions concerned ensuring an 'orderly energy transition'.
Macquarie Strategists Forecast USA Crude Inventory Direction
'Relative to our initial view for the week, we look for tighter crude and similar aggregate product balances'.
North America Adds Rigs Week on Week
North America added six rigs week on week, according to Baker Hughes' latest rotary rig count.
TotalEnergies to Raise Gas Stake in US Eagle Ford
'This acquisition... contributes to our integrated LNG position with a low-cost upstream gas supply'.
Petrofac Shares Nosedive as Losses Deepen
'Operational performance in the first half of the year reflected the continued impact of legacy contracts, the challenges in securing performance guarantees and adverse operating leverage'.
Japan LNG Lobby Urges Government to Help Negotiate Better Contracts
Japan's LNG buyers are struggling to ensure supply contracts are flexible enough, according to the head of an industry lobby group.
EnergyPathways to Fast-Track MESH Project in UK
EnergyPathways aims to reach a final investment decision on the Marram Energy Storage Hub project in 2025.
Technip Energies, JGC Score FEED Job for Rovuma LNG project in Mozambique
'By leveraging our expertise in modularization and electrified LNG, we are committed to supporting ExxonMobil and its partners towards final investment decision'.
Ex-Gunvor Oil Executive Faces Swiss Trial Over Congo Bribes
A former executive at Gunvor Group stands trial for bribery on Monday.
WTI Closes Flat Despite Middle East Escalations
Oil prices remained nearly unchanged after volatile trading, as investors assessed the potential impact of Israel's strikes against Hezbollah on the broader Middle East conflict.
INEOS Unit Launches Solar Farm for Production Site in Belgium
The solar farm has an installed capacity of 60 megawatts (MW) of renewable power.
What Would a USA Fracking Ban Mean for the Oil Price?
Rigzone talks to Matt Willer, Managing Director of Capital Markets at Phoenix Group Holdings.
Octopus Invests More in USA Solar, Allots $2.55B for UK Renewables
'We entered America's renewables market just three months ago and have big ambitions to build even more green power'.
Eni Highlights Methane Reduction Achievements in Report
Eni reported that its direct methane emissions more than halved over the past six years.
