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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Guinea-Conakry's hydrocarbons industry is gathering steam with the tendering of 22 unexplored offshore blocks in its sights.
  2. Oil climbed as investors monitored developments from the gathering of Group of Seven leaders, and two supplier countries flagged potential output cuts due to political unrest.
  3. Sound Energy has signed a Mandate letter with Attijariwafa bank of Morocco to arrange the debt financing of the Tendrara Production Concession.
  4. The Qatari company has signed up to the Aiming for Zero Methane Emissions Initiative.
  5. The U.S. added 13 rigs week on week, according to Baker Hughes.
  6. Prospex Energy and Warrego Energy have started the first of two solar diversification projects at the El Romeral power plant in Spain.
  7. Targa Resources has priced its $1.25 billion underwritten public offering.
  8. Eco Atlantic Oil & Gas has signed a farmout agreement for an additional 6.25 percent participating interest in Block 3B/4B, offshore South Africa.
  9. Gas prices are freezing a quickly growing number of Americans into staycation mode.
  10. Libya's state oil company said it may suspend exports from the Gulf of Sirte.