Industry News

Energy Security is National Security, OEUK Says

Industry News - Thu, 2025-04-24 03:55
'We believe it is important for the offshore energy industry to take seriously the need for optimum security', said Mark Wilson, OEUK's director of health, safety, environment, and operations.

TotalEnergies to Scale Down Petrochemical Production at Antwerp Complex

Industry News - Thu, 2025-04-24 02:56
Citing ethylene 'overcapacity' in Europe, TotalEnergies said it will refocus investment on decarbonizing the refining and petrochemical facility.

Petronas Pens 11 Agreements to Advance Malaysia's OGSE Sector

Industry News - Thu, 2025-04-24 02:00
The agreements promote cooperation with industry stakeholders to improve the efficiency of fabrication yards through modernization and to develop a highly skilled local workforce.

India Cuts LNG Imports as Other Fuels Become More Attractive

Industry News - Thu, 2025-04-24 01:30
Indian energy importers are switching from pricey LNG to cheaper oil products, a move that will help ease tight global supplies of the super-chilled fuel.

Crude Falls Despite Trade Talk Optimism

Industry News - Wed, 2025-04-23 16:02
Oil dropped over 2% as reports of accelerated OPEC+ output overshadowed easing US-China trade tensions.

IEA Chief Says Oil Prices May Fall Further on China Slowdown

Industry News - Wed, 2025-04-23 16:00
Birol is visiting London as the IEA and the UK government convene a two-day summit of more than 60 countries and numerous companies to discuss the future of energy security.

Baker Hughes Posts $402MM Q1 Profit

Industry News - Wed, 2025-04-23 10:26
The Houston-based oilfield and energy tech heavyweight saw volumes fall quarter-on-quarter.

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.

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