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Rigzone Recent News

The latest oil and gas news from around the world.
  1. 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.
  2. 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.
  3. The first production wells are now delivering 20,000 barrels per day gross.
  4. 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.
  5. 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.
  6. Analysts at BMI projected the evolution of oil and gas markets through to 2050 in a report sent to Rigzone recently.
  7. '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'.
  8. Uzbekistan is stepping up efforts to bring major European and U.S. energy companies into its natural gas sector, after last month securing investment from BP.
  9. Iran is racing to court some of Asia's largest oil buyers as a 60-day U.S. sanctions waiver takes effect.
  10. Crude declined after the US approved limited Iranian oil sales and shipping through the Strait of Hormuz continued to recover.
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