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Rigzone Recent News

The latest oil and gas news from around the world.
  1. EBW Energy Analyst Eli Rubin warned of 'faltering demand' heading into the President's Day holiday weekend.
  2. U.S. supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California.
  3. North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
  4. Aramco Trading signed a 20-year agreement to buy one million metric tons per annum of liquefied natural gas from the under-development Commonwealth LNG in Louisiana.
  5. Enbridge cited 'favorable gas transmission contracting' compared to the fourth quarter of 2024.
  6. IEW, which was hosted by the Energy Institute, took place from February 10-12 at the QEII Center in London.
  7. Hungary requested that Croatia allow the shipment of Russian crude via the Adriatic pipeline while a key route through Ukraine remains blocked, Hungary's foreign affairs minister said.
  8. The DOE announced new award plans under a 10-year auction for renewable energy development, with over 3,200 MW of non-floating solar capacity targeted to be built between 2027 and 2028.
  9. 'The Algaita-01 results build on a long successful track record of 22 discoveries, once again confirming the exceptional effectiveness of the petroleum system in Block 15/06'.
  10. At least ¢ã3 billion ($3.5 billion) of damage has been done to Ukraine's facilities, with equipment needs exceeding ¢ã900 million, according to the company.
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