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Rigzone Recent News

1. India Grants Marine Insurance Approval for Russian Firms

   India has granted marine insurance approval to four Russian firms.

2. Oil Rises on Weaker US Dollar

   Oil erased earlier losses to top $83 a barrel as a weaker dollar boosted commodities priced in the currency.

3. BOEM, BSEE Finalize Rules for USA Offshore Wind

   The final rule 'increases certainty and reduces the costs associated with the deployment of offshore wind projects'.

4. Avangrid Posts Higher Q1 Profit

   Avangrid posted $351 million in net income.

5. Canada Gas Firm Bags Venezuela Contracts but Stumbles on US Sanctions

   LNG Energy Group said it intends to comply with the reimposition of U.S. sanctions against Venezuela.

6. Texas LNG Inks 2nd HOA with EQT

   The second HOA is for natural gas liquefaction services for an additional 1.5 million tons per annum.

7. Japan's JERA Creates New London-based Renewables Business

   JERA Nex will develop, invest, own and operate a range of renewable energy assets.

8. USA Crude Oil Stocks Drop More Than 6MM Barrels WoW

   Crude oil stocks in the U.S., not including the SPR, stood at 453.6 million barrels on April 19, according to the EIA.

9. European Gas Traders Are Already Worrying About Next Winter

   Traders are getting agitated again.

10. Equinor Posts Solid Results on Strong Production

    'Production on the Norwegian continental shelf was high, and the international portfolio contributed with solid production growth'.