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Rigzone Recent News

1. US Seeks To Stop Oil Reserve Sales To Refill Stockpiles

   The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve.

2. USA Oil and Gas Jobs Are Still in Short Supply

   The short supply of labor in the US oil patch has plagued exploration and production companies all year.

3. EU Closing In on $60 Cap for Russian Oil

   The European Union is closing in on a deal to cap the price of Russian crude oil at $60 a barrel.

4. Top Headlines: Oil Market Shows Extreme Sensitivity to OPEC+ Suggestions

   Check out some of Rigzone's top stories during the last week.

5. Xodus To Set Up New Green Hydrogen Facility In Western Australia

   Xodus is developing a new green hydrogen project in the Mid-West region of Western Australia.

6. Oil Posts Weekly Gain After Volatile Week

   Oil posted its biggest weekly gain in a month, after a volatile week marked by China loosening Covid restrictions and speculation on OPEC+ output policy.

7. W&T Offshore Makes Management Changes

   W&T Offshore has made a number of changes to the leadership positions within the company.

8. China Is Snapping Up Russia Oil

   Oil refiners in China have started to snap up Russian crude cargoes.

9. Aramco Discovers 2 New Unconventional Gas Fields

   Saudi Aramco has discovered two new unconventional natural gas fields in the eastern region.

10. TotalEnergies Gets Support For Giant Mirny Wind Farm In Kazakhstan

    TotalEnergies has sold its Kazakhstan affiliate Total E&P Dunga and has received support for its Mirny wind farm project in the country.