Rigzone Industry News

The Biden administration released a strategy for the U.S. to build charging and hydrogen fueling infrastructure for freight trucks from 2024 to 2040.

The Biden administration's pause on new licenses for LNG exporters is already stalling progress for projects that were aiming to come online later this decade.

BP and the United Arab Emirates' state oil firm suspended a $2 billion bid to buy a major stake in Israel's NewMed Energy.

Production performance from the well has been in line with BW Energy's expectations.

'The country's exploration success in offshore areas has bolstered our outlook for its natural gas reserves and production,' BMI analysts said.

The auction offers 15 deepwater blocks and nine shallow-sea blocks.

Bonterra Energy Corp. has closed the acquisition of an undeveloped Charlie Lake asset prospective for light oil, comprised of 79 net sections of land in Bonanza, Alberta.

BW Energy reported an annual net income of $81 million.

BP is preparing a deepwater well in Brazil in the latest attempt to break a streak of bad luck by oil majors.

In a BofA Global Research report sent to Rigzone this week, analysts revealed where they see the oil price heading in the near and mid-term.