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Rigzone Recent News

1. Nigeria Plans to Offer Crude Trading on Bourse for First Time

   It will be the first time the fossil fuel will be traded on an exchange in Africa's largest oil producer.

2. Oil Managed Slight Gain as Risk Premium Falls

   Oil eked out a meager gain after Iranian media appeared to downplay the effect of Israeli strikes, lowering the geopolitical risk premium for crude.

3. ReconAfrica to Drill Namibia Asset in June

   The company is targeting 163 million barrels of unrisked prospective oil resources.

4. US DOE Releases Strategy to Connect Renewable Energy to Grid

   The Transmission Interconnection Roadmap sets targets by 2030 concerning project approval time, costs and completion rates.

5. Emissions Data Firm Bags $6.5MM in Seed Funding

   Momentick's mission is 'to provide an emissions intelligence platform for countries, industries, and companies'.

6. What Would an All-Out War in the Middle East Mean for USA Gasoline Prices?

   'It would mean extreme price volatility,' EIR warned.

7. BP, Petrobras to Explore Collaboration Opportunities

   The two companies are partners in exploration blocks in the Exploration & Production (E&P) segment.

8. Wood to Provide Project Management for NZT Power, NEP

   NZT Power aims to be one of the world's first commercial-scale gas-fired power stations with carbon capture.

9. Iran-Israel Conflict Has Potential to Further Disrupt Shipping Industry

   'The risk profile for commercial vessels operating in the region remains at severe/critical,' Dryad stated.

10. Iran Acknowledges Drone Attack by Israel and Says It Failed

    Israel launched a retaliatory strike on Iran following last week's missile and drone barrage from Tehran, according to two U.S. officials.