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Oil & Gas Trade
Deepocean And Exceed Partner For Vessel-based P&A
Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well pl…
Climate Policy
EPA Finalizes Rule to Reduce Methane Emissions From Oil and Gas Sector; Waste Emissions Charge
The US Environmental Protection Agency (EPA) announced a final rule to reduce methane emissions from the oil and gas sector. The rule facilitates implementation…
Oil & Gas Trade
Coterra To Buy Permian Shale Assets In $4 Billion Deal
Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billi…
Natural Gas
Republic Of Congo Aims To Accelerate Oil, Gas, Sustainable Projects
The Republic of Congo (RoC) is preparing to launch a Gas Master Plan and new Gas Code, all while enticing investment in crude exploration and production. Speaki…
Oil & Gas Trade
Ineos-led Project Greensand And Royal Wagenborg Sign Agreement On Co2 Carrier
Today, in the presence of HM King Willem-Alexander of the Netherlands and HM King Frederik of Denmark INEOS and Royal Wagenborg have signed a landmark agreement…
Oil & Gas Trade
Hilcorp Bags $1b Permian Deal
This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources.…
Oil & Gas Trade
Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions
While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…
Oil & Gas Trade
QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt
Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy.This agreem…
Oil&Gas Drilling
North America Loses More Rigs
North America dropped six rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on November 8.Although the total U.S. …
Oil & Gas Trade
Devon Raises 2024 Projected Production
United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supp…
Power Construction
Duke Energy Misses Expectations As Storms Hit Earnings
Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-mont…
Oil & Gas Technology
ADNOC Announces Launch Of Agentic AI Solution
In a release sent to Rigzone by the ADNOC team recently, ADNOC announced the launch of ENERGYai, which it describes as the world’s first of its kind custo…
Oil Price
Oil Prices Rangebound Amid Weak Demand Outlook
Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain.In the physical market, a key supp…
Solar Panel
Anti-soiling Coating Increases PV Panel Current in Arid Regions by 64.7%
The synthesis procedureImage: Port Said University, scientific reports, Conservation and Recycling, Common License CC BY 4.0Scientists in Egypt have created an …
OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Global oil demand is projected to reach 120.1 million barrels per day (mb/d) by 2050, while energy demand will rise 24% during the same period, said the Organiz…
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