Industry News

Ukraine Hits Russian Black Sea Oil Infrastructure Again

25 November 2025, 12:21pm
Ukraine attacked key Russian key energy infrastructure on the Black Sea for a third time this month.
Read more... (source: www.rigzone.com)


What Price Will USA NatGas Average This Winter?

25 November 2025, 12:07pm
Rigzone takes a look at the latest EIA projections.
Read more... (source: www.rigzone.com)


Aramco Makes 17 Deals with 'Major' USA Cos Worth $30B+

25 November 2025, 10:28am
'Since the 1930s, U.S. firms have played a major role in supporting the company's success,' Aramco President and CEO Amin H. Nasser said.
Read more... (source: www.rigzone.com)


Lukoil Gas Stations in USA See Disruptions for Card Payments

25 November 2025, 9:02am
Lukoil gasoline stations in the U.S. are experiencing major issues with card payments.
Read more... (source: www.rigzone.com)


Oil Closes the Day Up as Equities Rally

24 November 2025, 8:36pm
Markets expect choppy pre-holiday trading as peace discussions advance but remain uncertain.
Read more... (source: www.rigzone.com)


ADNOC Keeps $150B Spending in Growth Push

24 November 2025, 4:06pm
Abu Dhabi National Oil Co. will maintain spending at $150 billion over the next five years.
Read more... (source: www.rigzone.com)


Saudi's AlKhorayef Petroleum Said To Prepare For IPO

24 November 2025, 3:18pm
Saudi Arabia's AlKhorayef Group has started preparations for a potential listing of its oil and gas services subsidiary, according to people familiar with the matter.
Read more... (source: www.rigzone.com)


North America Adds 12 Rigs Week on Week

24 November 2025, 3:09pm
North America added 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read more... (source: www.rigzone.com)


Natural gas use for electricity in California falls as solar generation rises

24 November 2025, 2:00pm
Although natural gas generation still provides more electricity than any other source in California, electricity generation from natural gas has decreased over the past several years while generation from solar has increased.
Read more... (source: www.eia.gov)


Burgum Signs Order to 'Unleash American Offshore Energy'

24 November 2025, 12:33pm
'Offshore oil and gas production does not happen overnight - it takes years of planning, investment, and hard work before barrels reach the market', U.S. Secretary of the Interior Doug Burgum said.
Read more... (source: www.rigzone.com)


Tanker Rates Hit New High

24 November 2025, 11:24am
The cost of hiring an oil supertanker on a benchmark route spiked to the highest in more than five years.
Read more... (source: www.rigzone.com)


OEUK Awards Winners Revealed

24 November 2025, 9:52am
Industry body Offshore Energies UK's 2025 awards ceremony took place in Aberdeen, Scotland, on Thursday night.
Read more... (source: www.rigzone.com)


Russian Oil Offered to India at Deep Discount

24 November 2025, 8:53am
Russia's flagship Urals crude is being offered to India's refiners at the cheapest price in at least two years.
Read more... (source: www.rigzone.com)


Baker Hughes Books 1.3 GW Gas Turbine Order from Dynamis

23 November 2025, 11:00am
The turbines include a new offering that represents 'the oil and gas industry's highest reported mobile power density (MW per square foot) to date'.
Read more... (source: www.rigzone.com)


Sasol Chief Exec Sees Chem Business Potentially Listing by 2028

22 November 2025, 12:00pm
Sasol Ltd. Chief Executive Officer Simon Baloyi said the South African company may spin off its international chemicals business as soon as 2028.
Read more... (source: www.rigzone.com)


Oil Slides on Peace Deal Pressure

21 November 2025, 9:06pm
Oil fell as traders priced in a potential Ukraine-Russia peace plan that could boost supply.
Read more... (source: www.rigzone.com)


Reliance Stops Using Russian Oil in Part of Jamnagar

21 November 2025, 8:00pm
India's Reliance Industries Ltd. said it would stop processing Russian oil at part of its giant Jamnagar oil refinery.
Read more... (source: www.rigzone.com)


Lukoil Dissolves International Board

21 November 2025, 3:41pm
Russian energy giant Lukoil PJSC dissolved the supervisory board of its international business.
Read more... (source: www.rigzone.com)


StanChart Flags 'Fragility of Russian Supply'

21 November 2025, 3:06pm
In a market that continues to be dominated by bearish supply sentiment, one of the few bullish drivers is the fragility of Russian supply, Standard Chartered Bank Energy Research Head Emily Ashford said.
Read more... (source: www.rigzone.com)


U.S. associated natural gas production increased 6% in 2024

21 November 2025, 2:00pm
U.S. production of associated dissolved natural gas, also known as associated natural gas, increased by 6% last year, mirroring the growth in crude oil production from the Permian region. Associated natural gas production averaged 18.5 billion cubic feet per day (Bcf/d) in 2024, according to data from Enverus DrillingInfo.
Read more... (source: www.eia.gov)


ExxonMobil to Acquire 40 Percent of Bahia NGL Pipeline

21 November 2025, 1:00pm
Enterprise and ExxonMobil plan to raise Bahia's capacity to transport Permian NGLs to Enterprise's Mont Belvieu fractionation complex to one million bpd.
Read more... (source: www.rigzone.com)


Oil Prices Have Fallen Sharply

21 November 2025, 12:05pm
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday.
Read more... (source: www.rigzone.com)


EIA forecasts Alaska crude oil production to grow 13% in 2026

19 November 2025, 2:00pm
In our latest Short-Term Energy Outlook, we forecast crude oil produced from Alaska will reach 477,000 barrels per day (b/d) in 2026, the most since 2018.
Read more... (source: www.eia.gov)


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