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Rigzone Recent News

The latest oil and gas news from around the world.
  1. The affected companies - including Baker Hughes, Halliburton and SLB - imposed a legal work halt to force the workers into agreeing to terms proposed under government mediation.
  2. The countries asked for a 'pragmatic approach' to clarifying the rules and adopting changes to allow importers to continue to obtain oil and gas needed by the EU.
  3. Asian refiners have slowed purchases of Middle Eastern crude after a buying spree over the past three weeks, with oil majors and traders stepping in to take some of the surplus barrels.
  4. Oil prices fell as more tankers resumed transiting the Strait of Hormuz and additional supplies entered the market following the US-Iran interim peace deal.
  5. Qatar said it doesn't expect liquefied natural gas exports to be impacted by an explosion at the Ras Laffan industrial complex which left 13 dead and 66 injured.
  6. The first production wells are now delivering 20,000 barrels per day gross.
  7. The Greater PAJ Project will deploy a new FPSO with a nameplate capacity of 95,000 barrels per day of oil and a gas export capacity of 70 million cubic feet a day of gas, to be supplied to Angola LNG.
  8. A project by Chevron and Engine No. 1 secured an agreement to supply natural gas-based electricity to a Microsoft data center project in West Texas for 20 years.
  9. Analysts at BMI projected the evolution of oil and gas markets through to 2050 in a report sent to Rigzone recently.
  10. 'Su Tu Trang Phase 2B will supply more than 600 billion cubic feet of gas over its life, supporting growing energy demand in Southeast Vietnam and contributing to the country's energy security'.
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