Industry News

Industry Body Looks at March Texas Upstream Employment

Industry News - Wed, 2025-04-23 10:00
'As a result of recent commodity price movement and significant market volatility, there are high uncertainties in outlooks for future energy supply, demand, and prices', TIPRO warned.

Iberdrola Puts Onstream 3 Solar Projects in US

Industry News - Wed, 2025-04-23 09:30
Iberdrola's Avangrid commenced commercial operations at True North Solar and started exporting energy from its Camino and Powell Creek solar farms in the U.S.

USA Widens Sanctions on Iran to Target Lucrative Gas Exports

Industry News - Wed, 2025-04-23 09:00
The US's campaign to impose 'maximum pressure' on Iran's economy now includes the Islamic Republic's liquefied petroleum gas exports.

Halliburton Q1 Profit Down 24 Percent YoY

Industry News - Wed, 2025-04-23 07:44
The U.S. tech major reported $517 million in adjusted net earnings excluding impairments and other charges for the January-March period.

How Much Oil is the USA Producing Right Now?

Industry News - Wed, 2025-04-23 06:09
Just how much crude oil is the U.S. producing at the moment?

Devon Targets $1B Annual Free Cash Flow Growth by 2026

Industry News - Wed, 2025-04-23 05:51
'The plan includes actions to achieve more efficient field-level operations and improvements in drilling and completion costs while improving operating margins and corporate costs'.

Recruitment Experts Reveal Biggest Oil, Gas Hiring Surprises of 2025 So Far

Industry News - Wed, 2025-04-23 03:38
Rigzone asked oil and gas recruitment experts what the biggest oil and gas hiring surprises they've seen so far this year are.

Petronas Delivers First LNG Cargo for Petrovietnam

Industry News - Wed, 2025-04-23 03:13
Petronas delivered its first LNG cargo for Petrovietnam as part of a cooperation deal signed 2023.

China Turns to Middle East LPG to Replace Tariff-Hit US Gas

Industry News - Wed, 2025-04-23 01:30
Chinese plastics plants that buy liquefied petroleum gas are turning to the Middle East to replace tariff-hit imports from the US, disrupting global flows and reviving moribund freight rates.

MODEC Scores Hammerhead FPSO Job from ExxonMobil

Industry News - Wed, 2025-04-23 01:28
MODEC secured a contract from ExxonMobil Guyana to develop an FPSO vessel for the Hammerhead project.

Turkey Plans Oil and Gas Exploration in Bulgaria, Libya, and Iraq

Industry News - Tue, 2025-04-22 16:00
Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy Minister Alparslan Bayraktar said.

WTI Rebounds 2% on Supply, Geopolitical Shifts

Industry News - Tue, 2025-04-22 14:52
Oil rose 2% as US sanctions on Iran supported prices and markets rebounded.

Chevron, TotalEnergies Start Up Ballymore offshore Louisiana

Industry News - Tue, 2025-04-22 10:12
Chevron and TotalEnergies unlocked new production of up to 75,000 barrels a day of oil and 50 million cubic feet a day of gas with the startup of the deepwater Ballymore field.

May Natural Gas Contract 'Flirting With $3 Psychological Level'

Industry News - Tue, 2025-04-22 09:33
Eli Rubin, an energy analyst at EBW Analytics Group, said the May natural gas contract is 'flirting with [the] $3.00 per million British thermal units (MMBtu) psychological level'.

Avangrid Expands Power Purchase Deal with CPS Energy

Industry News - Tue, 2025-04-22 09:30
The US' largest municipally owned provider of electric and natural gas services doubled its power offtake from Avangrid to 320 MW.

Venture Global Issues $2.5B Bonds

Industry News - Tue, 2025-04-22 09:12
The debt instrument sale comes after Venture Global proposed an investment of about $18 billion to grow Plaquemines LNG's capacity to over 45 MMtpa.

China Owned Supertankers Face $5.2MM in Fees Per USA Call

Industry News - Tue, 2025-04-22 09:00
Made in China oil supertankers are set to be slapped with more hefty charges under America's latest proposal to penalize ships manufactured in the Asian nation.

Evolution Petroleum Closes $9MM Acquisition of Texas, Louisiana Assets

Industry News - Tue, 2025-04-22 08:00
The acquired assets add around 440 net barrels of oil equivalent of stable, low-decline production, consisting of 60 percent oil and 40 percent natural gas.

ADNOC Drilling Secures $1.63B Contract from ADNOC Offshore

Industry News - Tue, 2025-04-22 07:00
The contract covers the provision of directional drilling, drilling fluids, cementing, wireline logging and tubular running services.

USA DOI Announces 11th OCS Oil and Gas Leasing Program

Industry News - Tue, 2025-04-22 06:15
'Launching the process to develop the 11th national outer continental shelf program marks a decisive step toward securing American energy dominance', Secretary of the Interior Doug Burgum said.

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