Rigzone Industry News

Oil rose to the highest price in more than two weeks as companies increasingly steer clear of the Red Sea amid a spike in vessel attacks along the key shipping conduit.

The funding will help states support industry efforts to cut methane emissions from wells on nonfederal lands and support environmental restoration of well sites.

New Mexico's Chaco park will not be allowed to host oil, gas or mineral projects over the next two decades.

California in July 2024 will end subsidies for grid connections for new building construction projects that use natural gas or propane.

The province of Newfoundland and Labrador has allowed ExxonMobil to exploit sands that were not part of the original plan.

The U.S. Energy Information Administration cut its WTI spot average price forecast for this year and next year in its latest short term energy outlook.

One of the world's most-influential insurance markets added Guyana to its list of the riskiest shipping zones amid an escalating territorial dispute with neighboring Venezuela.

'The UAS were assessed to be one-way attack drones and were shot down'.

'Existing Managing Director and Chief Executive Officer Adrian Cook, and Carnarvon non-executive director Debra Bakker, have agreed to retire from the board'.

EOG Resources made several promotions following the retirement of Executive Vice-President and COO Timothy K. Driggers.