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Rigzone Recent News

1. US DOE Earmarks $42 MM for 15 Semiconductor Projects

   The projects aim to improve the reliability of the power grid through the development of next-generation semiconductor technologies.

2. USA EIA Hikes Henry Hub Price Forecasts

   The EIA increased its Henry Hub price forecasts for 2023 and 2024 in its latest short term energy outlook.

3. Estonia-Finland Gas Pipeline to Expand Capacity from 2024

   Balticconnector's capacity for gas from Estonia will expand to 70.5 gWh.

4. Adnoc Opens Clean Hydrogen Refueling Station in UAE

   Adnoc through the station will test a fleet of zero-emission vehicles.

5. Sanctioned Russian Tanker in Limbo Shows India's Oil Dilemma

   The longer it drifts, the more it underscores the challenge that India faces as it seeks to import cheap Russian crude.

6. Oil Strategists Forecast 6.6MM Barrel USA Crude Inventory Build

   'Our balances point to yet another large U.S. crude build'.

7. What Does Milei's Presidential Win Mean for Oil and Gas in Argentina?

   Rigzone speaks to analysts at BMI, Azur Global, IER, and Enverus.

8. Don't Solely Rely on CCUS to Meet Energy Transition Targets: IEA

   Oil and gas industry players should not rely solely on carbon capture, utilization, and storage technology to meet low carbon targets, the agency said.

9. AD Ports Acquires Two Tankers to Transport Kazakhstan Oil

   The vessels will operate across the Caspian Sea to move Kazakhstan's oil to Azerbaijan, and onward to other global destinations.

10. Greek Tankers Scale Down on Russian Oil after US Warning

    The number of Greek-owned tankers going to Russia this month is down 60 percent from June.