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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Devon Energy Corporation and Coterra Energy Inc have completed their merger, a statement posted on Devon's website announced.
  2. The New York City comptroller, on behalf of a city pension fund investing in ExxonMobil, warned that the company has not guaranteed it would not adopt Texas legal provisions that would undermine shareholder participation in decisions.
  3. Pakistan opted not to buy urgent cargoes of liquefied natural gas on the spot market, betting that hostilities which have closed the Strait of Hormuz will ease.
  4. A Democrat lawmaker introduced a legislative proposal to keep domestic crude and refined oil products within the U.S. during the war with Iran, in a bid to hold down pump prices.
  5. 'We have assessed there are significant undiscovered resources in the Bossier Formation', USGS Director Ned Mamula said.
  6. Brent futures are understating physical market stress, analysts at BMI, a unit of Fitch Solutions, said.
  7. 'Across seven countries in the European Economic Area, the projects are expected to provide almost 1.1 gigawatts of electrolyzer capacity and produce over 1.3 million tonnes of hydrogen over their first 10 years of operation'.
  8. The clashes risk undermining talks over a U.S.-proposed deal to end the war.
  9. Abu Dhabi National Oil Co. has managed to keep a trickle of liquefied natural gas exports moving through the Strait of Hormuz by concealing tanker locations.
  10. Energy markets remained volatile amid ongoing US-Iran tensions.
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