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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Equinor has scaled back the electrification program for Norway's biggest gas field, saying proceeding with the original plan would result in an untimely loss of production.
  2. How much additional diesel could reach the market, and what would that mean for prices?
  3. The early reappointment 'provides continuity of leadership during a critical phase of strategic execution', the German power and gas utility said.
  4. Citgo Petroleum Corp has raised its 2026 operating profit outlook by $2 billion because of surging fuel margins, according to a document seen by Bloomberg News.
  5. Malaysia and Vietnam's national oil and gas companies agreed to explore more joint projects in the upstream and downstream sectors, as well as the energy transition.
  6. Why is the West Texas Intermediate oil price rising more than Brent today?
  7. The Italian company launched start-up procedures at Meleiha phase 2, designed to process up to 100 million cubic feet of natural gas per day, on Egypt's side of the Sahara Desert.
  8. 'The board has commenced a process to identify a successor', Ithaca Energy announced.
  9. The wording has been a topic of intense discussions between the trade bloc and Norway, which has lobbied hard for the EU to abandon its climate-based opposition to oil and gas exploration in the high north.
  10. Brent remained near $110 as technical resistance limited gains despite escalating geopolitical risks.
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