One Dead in PEMEX Platform Fire
PEMEX revealed that a fire broke out on one of the platforms of the Akal-B Process Center in the Campeche Sound.
Baker Hughes to Provide Compressor Trains for Snam's Adriatic Line
Baker Hughes said its NovaLT12 turbines will provide the option to run on 100 percent natural gas or hydrogen blends up to 10 percent.
Prepare for Higher Prices, Chief Commodities Analyst Warns
Prepare for more turmoil, lower inventories, and higher prices, Bjarne Schieldrop, the Chief Commodities Analyst at SEB said in a report sent to Rigzone.
NESA On Track to Support 700+ People Access Fully Funded ET Course Places
'NESA has made over 700 fully funded places available to people from postcodes in Aberdeen city, Aberdeenshire, and Moray over the academic year 2023/24'.
OKEA, DNO Make FID on Brasse Development in North Sea
The field is estimated to contain 24 million barrels of oil equivalent gross in recoverable reserves and will be developed as a tie-back to the Brage field.
Russia's Revenue Jumps in First Quarter as Oil Prices Rise
Russia reported a sharp increase in revenue in the first quarter due in part to one-time tax payments and rising oil prices.
Woodside-Led JV Teams Up with Yara for CCS in Western Australia
Yara Pilbara and Angel CCS will study whether CCS can be used to decarbonize the current operations in the Burrup Strategic Industrial Area.
Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures
Zurich Insurance Group AG will no longer underwrite new oil and gas projects.
Oil Drops as Geopolitical Tensions Show Signs of Easing
Oil dropped below $90 a barrel after Israel said it would remove some troops from Gaza, with crude's recent rally now facing technical resistance as geopolitical friction shows signs of easing.
Accelera to Deliver Electrolyzers for Chevron Hydrogen Project
Chevron tapped Accelera for the supply of a five-MW electrolyzer system for the oil and gas giant's hydrogen production facility in a California oil field.
North America Loses More Rigs
North America continued its rig loss streak, according to Baker Hughes.
Exxon on Track With UK Refinery Expansion Just as Others Shut Capacity
Europe is set to lose crude-processing and diesel-making capacity from 2025, just as the Exxon expansion at Fawley reaches full pelt.
RRC Reveals Texas Top 10 Crude Oil Producing Counties
The Texas Railroad Commission revealed the top 10 crude oil producing counties in Texas, ranked by preliminary production, for January 2024.
Phillips 66 Raises Quarterly Dividend by 10 Percent
'The dividend increase reflects the confidence we have in our growing mid-cycle cash flow generation and disciplined approach to capital allocation'.
Chesapeake-Southwestern Merger Delayed as FTC Requests More Info
Chesapeake said that the merger is now expected to be completed in the second half of the year.
DeepOcean Scores 4-Year Frame Agreement with Equinor
The four-year agreement has options for an extension of up to four more years.
Draft Energy Transition Related Principles Published for North Sea Players
'Stakeholders in the UK offshore sector will be asked to commit to a set of principles to help the sector achieve the energy transition through digitalization'.
Baker Hughes to Provide Cedar LNG with Electric-Driven Tech
Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors.
ION Clean Energy Secures $45MM Investment
Chevron New Energies and Carbon Direct Capital have invested $45 million in ION Clean Energy.
EOG Resources President Helms Retires
Helms will retire next month.
