BP, Iraq sign most commercial terms to revive Kirkuk oil field
(Bloomberg) – BP and the Iraqi government agreed the majority of commercial terms toward reviving the Kirkuk oil field on Tuesday, further progress toward a final agreement that is expected…
Stratas Advisors Offers Oil Price Warning
In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company warned that it is expecting “some moderation of oil prices”. “For the upcoming week, we…
Aramco Awards $9 Billion Contracts To Be Executed Locally
Saudi Arabian Oil Co. on Monday signed 145 deals totaling about $9 billion as part of the oil giant’s In-Kingdom Total Value Add (iktva) program. “The agreements and MoUs [memorandums…
German Far-Right Vows To Tear Down Wind Turbines
Germany’s far-right Alternative für Deutschland (AfD) party has vowed to dismantle wind parks and wind turbines should it win power in the upcoming presidential elections in February, aligning itself with…
LNG Giant Venture Global Eyes Huge U.S. IPO
Arlington, Virginia-based LNG exporter Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering (IPO) in 2025. The company is seeking to raise up to…
Enverus Releases List of ‘Most Prolific’ Public Oil, Gas Operators in USA
In a statement sent to Rigzone recently, Enverus announced that it has released a list of the 50 “most prolific … public oil and gas operators in the U.S. based…
Crude Oil Market Has Come Alive
After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of Research at Pepperstone, said in a market analysis sent…
China and India Stand To Lose From U.S. Sanctions on Russian Oil Trade
The United States is set to impose some of the harshest sanctions yet on Russia’s oil industry, Reuters has reported. According to a purported U.S. Treasury document circulating among traders…
USA Ramps Up Pressure on Russia With Fresh Energy Sanctions
The US imposed its most aggressive sanctions on Russia’s oil industry yet as the Biden administration looks for last-minute ways to boost Ukraine’s leverage in possible peace negotiations after Donald…
Phillips 66 Closely Monitoring California Fires
Phillips 66 is closely monitoring the fires in Southern California, a company spokesperson told Rigzone late Thursday. “There are currently no disruptions to operations, and Phillips 66 is actively taking…
