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Oil Sinks as OPEC Acknowledges Supply Surplus

12 November 2025, 8:51pm
Oil Plunges Over 4% as OPEC Concedes Supply Surplus
Read more... (source: www.rigzone.com)

Chevron Chooses West Texas for 1st AI Data Center Power Project

12 November 2025, 8:00pm
Chevron Corp. chose West Texas as the site of its first project to provide natural gas-fired power to a data center.
Read more... (source: www.rigzone.com)

Venture Global Bags Long-Term LNG Supply Contracts

12 November 2025, 3:32pm
The U.S. LNG producer announced multiple long-term contracts to supply three Greek, Japanese and Spanish companies.
Read more... (source: www.rigzone.com)

Analyst Warns NatGas Is 'Nearing Price-Inelastic Portion of Curve'

12 November 2025, 3:30pm
Eli Rubin, an energy analyst at EBW Analytics Group, warned that natural gas is 'nearing [the] price-inelastic portion of [the] curve'.
Read more... (source: www.rigzone.com)

Gulf Energy Plans Production from Tullow Fields End-2026

12 November 2025, 1:00pm
Gulf Energy Ltd, a Nairobi-based oil and gas trader that bought Tullow Oil Plc's crude discoveries in Kenya, plans to start production next year, according to a top official.
Read more... (source: www.rigzone.com)

Texas RRC Reveals Latest Oil and Gas Output Stats

12 November 2025, 12:46pm
The Railroad Commission of Texas revealed its latest preliminary crude oil and natural gas production figures.
Read more... (source: www.rigzone.com)

Energy Is the Foundation of Every Digital Addition

12 November 2025, 11:08am
Energy is the foundation of every digital addition, Antonio Coutinho, the CEO of EDP Innovation, said in a presentation at the Web Summit event in Lisbon, Portugal, on Tuesday, which was attended by Rigzone.
Read more... (source: www.rigzone.com)

Eni, Euglena, Petronas Start Building Malaysia Biorefinery

12 November 2025, 9:20am
The project in Pengerang, Johor, will have a processing capacity of 650,000 metric tons per annum and produce SAF, HVO and bio-naphtha.
Read more... (source: www.rigzone.com)

IEA Backs Bullish Oil Demand Growth Scenario in Tone Shift

12 November 2025, 6:59am
The International Energy Agency further tempered its stance on an imminent peak in oil demand, reinstating a scenario in which global consumption keeps growing to the middle of the century.
Read more... (source: www.rigzone.com)

Sister Companies MODEC America, SOFEC Merge

12 November 2025, 6:57am
Modec is combining its wholly owned companies MODEC America and SOFEC to create an integrated mooring solutions business.
Read more... (source: www.rigzone.com)

TotalEnergies Gets New PSC offshore Guyana

12 November 2025, 6:31am
TotalEnergies, QatarEnergy and Petronas signed a production sharing contract for Block S4 in Guyana's shallow waters with the French company as operator.
Read more... (source: www.rigzone.com)

Oil Gains as Fuel Prices Surge

11 November 2025, 9:13pm
Oil rose for a third day as strong fuel premiums and Russian supply concerns supported prices.
Read more... (source: www.rigzone.com)

US Urges NATO Allies to Shun Russian Energy

11 November 2025, 4:20pm
The US urged NATO allies to stop buying Russian energy to help end the war in Ukraine, adding pressure on member countries such as Turkey even as they cut back their purchases.
Read more... (source: www.rigzone.com)

USA Energy Dept Announces $625MM to Renew 5 NQISR Centers

11 November 2025, 4:15pm
The U.S. Department of Energy announced $625 million in funding to renew its five National Quantum Information Science Research Centers.
Read more... (source: www.rigzone.com)

TotalEnergies Bags 10-Year Data4 Green Power Supply Contract

11 November 2025, 3:30pm
TotalEnergies won a 10-year contract to supply Data4 data centers in Spain with a total of 610 GWh of renewable electricity starting 2026.
Read more... (source: www.rigzone.com)

Ukraine Claims Fresh Strike on Saratov Refinery

11 November 2025, 2:33pm
Ukraine claimed new strikes on two Russian refineries as military authorities in Kyiv press ahead with attacks on Moscow's oil-processing industry to curtail its energy revenues.
Read more... (source: www.rigzone.com)

Petronas Gets Malaysia's First Offshore CCS Assessment Permit

11 November 2025, 2:22pm
Petronas received regulatory approval for a permit to evaluate the potential of the Duyong field offshore Peninsular Malaysia for the storage of captured CO2 emissions.
Read more... (source: www.rigzone.com)

Uniper Posts $52B Nine-Month Sales Revenue

11 November 2025, 2:16pm
Uniper reported EUR 44.83 billion in sales for the first nine months of 2025, down from EUR 48.26 billion for January-September 2024 partly due to a portfolio decrease from asset sales.
Read more... (source: www.rigzone.com)

Where Did Chevron's Oil and Gas Production Come From in 3Q?

11 November 2025, 12:00pm
Chevron Corporation revealed a breakdown of its oil and gas production in the third quarter of this year in its latest results statement.
Read more... (source: www.rigzone.com)

North America Goes Back to Adding Rigs

11 November 2025, 9:04am
North America added six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read more... (source: www.rigzone.com)

Fewer U.S. solar projects are reporting delays in their expected online date

10 November 2025, 2:00pm
In the third quarter of 2025, solar projects representing about 20% of planned capacity reported a delay, a decrease from 25% in the same period in 2024, based on data compiled from multiple Preliminary Monthly Electric Generator Inventory reports.
Read more... (source: www.eia.gov)

Three U.S. regions each produce more natural gas than most countries

7 November 2025, 2:00pm
The United States produced 104 billion cubic feet per day (Bcf/d) of natural gas, 75% more than the world's second-largest natural gas producer, Russia, in 2023, the most recent year for which we have comprehensive worldwide data on natural gas production.
Read more... (source: www.eia.gov)