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Rigzone Recent News

1. Saudi Price Cut Sends Oil Lower

   Oil fell to five-month lows after Saudi Arabia sharply cut its flagship crude prices.

2. Russia Oil Price Falls to Pre-Iran War Level

   Russia's flagship crude price has slid to levels seen before the conflict in the Middle East.

3. Uniper Secures Customer for Polish Solar Portfolio

   Respect Energy signed a six-year agreement to buy 100 percent of the power generated, as well as guarantees of origin, from four Uniper photovoltaic projects with a combined capacity of 219 megawatts peak in Poland.

4. Ukraine Hits Russia's Biggest Refinery

   Ukraine struck three Russian refineries, including the country's biggest.

5. BP, JERA Raise Stake in 2 Belgian Offshore Wind Farms

   JERA Nex bp, the 50:50 offshore wind joint venture of Japan's JERA and Britain's BP, completed the purchase of Sumitomo's stakes in two Belgian offshore wind facilities with a combined capacity of 384 megawatts.

6. Which Country is the World's Biggest Energy Supplier?

   Rigzone examines the Energy Institute's latest statistical review of world energy report, which was released recently.

7. Who Are the Most Prolific Private Oil, Gas Producers in USA?

   Enverus announced that it has published its annual list of 'the 100 most prolific private oil and gas producers in the United States'.

8. OPEC+ Decides to Boost Production Further in August

   'Seven OPEC+ countries... met virtually on 5 July 2026, to review global market conditions and outlook,” a statement posted on OPEC's site highlighted.

9. Shell, Local Banks Offer $3B Credit Scheme to Nigerian Contractors

   Shell and nine Nigerian banks launched a $3-billion Contract Finance Facility for local companies executing projects for the British energy giant in the West African country.

10. ADNOC Consolidates LNG Sales Activities

    ADNOC's new LNG marketing and trading platform targets 47 million metric tons per annum in marketed volumes by 2035.