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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks.
  2. The acquisition provides Sintana with 'an attractive entry into a high impact license with significant upside'.
  3. The year-over-year increase is due not only to the Advance Energy acquisition that closed in April 2023 but also to increased production from new wells.
  4. The grants are the first phase of formula grant funding for Kentucky, Mississippi, and Missouri to clean up legacy pollution.
  5. A new regulation will force coal plants to capture nearly all of their CO2 emissions - or close - by 2039, with similar pollution cuts for many of the new gas-fired plants built to replace them.
  6. EnergyX brought former Chevron veteran Allen Satterwhite to its executive team.
  7. Baker Hughes increased its quarterly revenue 12 percent year-on-year driven by the Middle East and Asia.
  8. The reshuffle is part of a suite of transactions that will see Chevron exit the Moho-Bilondo, Nkossa and Nsoko II fields.
  9. TotalEnergies and Vanguard Renewables plan to build 10 RNG projects over the next 12 months with a total annual capacity of 0.8 TWh.
  10. The majority of Woodside shareholders voted against its climate strategy but decided to retain chair Richard Goyder on the board.
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