Industry News

ORLEN Signs Third Contract to Supply Naftogaz with Natural Gas

Industry News - Mon, 2025-04-28 08:00
The agreement brings the total contracted volume of US-sourced gas supplied to Ukraine to 300,000 cubic meters.

SLB Logs Lower Profit for Q1

Industry News - Mon, 2025-04-28 06:33
Despite being weighed down by the potential impact of tariffs, SLB expects to exceed its policy of returning over 50 percent of free cash flow to shareholders this year.

What Are the Latest AI Developments Oil and Gas Needs to be Aware Of?

Industry News - Mon, 2025-04-28 03:54
Rigzone talks to Toni Fadnes, the Chief Transformation Officer of eDrilling.

Woodside Posts $3.32B Revenue for Q1

Industry News - Mon, 2025-04-28 03:29
Q1 revenue fell five percent from the prior three-month period primarily due to lower production and weaker oil-linked prices.

Naftogaz Keeps Gas Prices Unchanged for Another Year

Industry News - Mon, 2025-04-28 01:52
Naftogaz will continue delivering natural gas to households in Ukraine at the current regulated rate until April 2026 to reflect the current moratorium on raising gas tariffs.

Iberdrola Launches Offshore Construction of East Anglia 3 Wind Farm

Industry News - Mon, 2025-04-28 01:44
Iberdrola said an engineering feat has been achieved with the installation of a giant monopile.

Gazprom Refiner in Serbia Gets Fresh Reprieve on US Sanctions: Vucic

Industry News - Mon, 2025-04-28 01:30
'Serbia managed to win another delay in sanctions against NIS, this time for two months, until June 27'.

Oceaneering Net Income Soars for Q1

Industry News - Mon, 2025-04-28 01:30
Oceaneering outperformed expectations for the first quarter.

GeoPark Exceeds Q1 Production Guidance

Industry News - Sun, 2025-04-27 06:00
The Latin American energy company's pro-forma average daily production in the first quarter reached 36,279 boe, surpassing its initial guidance for the year of 35,000 boe.

DV Group Embarks on Big Push Into Commodities Beyond Energy

Industry News - Sat, 2025-04-26 07:00
DV Group is expanding its nascent commodities-trading business.

Trade War Is Diverting USA Petroleum Gas Cargoes Away From China

Industry News - Fri, 2025-04-25 15:00
The diversions show the disruption to supply chains caused by the trade fight between the U.S. and China.

WTI Ends Higher But Logs Weekly Loss

Industry News - Fri, 2025-04-25 14:53
Oil prices edged up slightly as conflicting US-China trade signals kept markets cautious.

Texas Oil, Gas Regulator Continues Digitization Drive

Industry News - Fri, 2025-04-25 10:00
'Reaching nearly 100 million digitized records is a clear sign of our continued success in fully bringing the world's oldest regulatory agency into the 21st century', RRC Chairman Christi Craddick said.

US Eases Downhole Commingling Policy to Boost Oil Production

Industry News - Fri, 2025-04-25 09:31
The DOI has expanded the allowable pressure differential for single-wellbore oil production from multiple reservoirs in the Gulf of America's deep waters.

Energy Secretary Aims to Reassure Oil Bosses Amid Trade War

Industry News - Fri, 2025-04-25 08:47
Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma.

Valero at a Loss for Q1 after Booking Impairments

Industry News - Fri, 2025-04-25 08:32
Valero reported a loss attributable to shareholders of $595 million, or $1.9 per share, impacted by $1.13 billion in pre-tax impairments.

AccuWeather Looks at Wildfire Risk for USA Oil, Gas in 2025

Industry News - Fri, 2025-04-25 06:15
'AccuWeather is forecasting seven to nine million acres to burn across the country this year, which is more than the historical average', AccuWeather Lead Long-Range Expert Paul Pastelok said.

Saipem Sees 35 Percent YoY Increase in Q1 Profit

Industry News - Fri, 2025-04-25 05:48
Saipem reported about $87.45 million in net income for Q1, up 35.1 percent from the same three-month period a year ago on the back of improvements in its engineering and construction segments.

Hydrocarbons Discovered at Offshore Namibia Well

Industry News - Fri, 2025-04-25 04:57
BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.

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