Russia’s Oil and Gas Revenues Set to Plunge 50% to Five-Year Low

Falling oil prices and strengthening Russian currency are set to slash Russia’s oil and gas revenues by nearly 50% in December from a year earlier, to the lowest level since…

Historic Bill Opens India’s $214 Billion Nuclear Sector to Private Firms

India’s government on Friday approved the landmark Atomic Energy Bill, which would allow private companies to invest in its nuclear energy industry for the first time, as the country looks…

Analyst Looks at Natural Gas Price Moves

In a natural gas focused EBW Analytics Group report sent to Rigzone by the EBW team on Friday, Eli Rubin, an energy analyst at the company, warned that late December…

Oil Inches Lower on Oversupply Concerns, on Track for Weekly Loss

Summary Brent and WTI down more than 4% this week Supply glut remains main market focus US plans to seize more tankers off Venezuela coast, sources say (Reuters) – Oil…

THE WORLD’S TOP RESOURCE GIANTS: Ranked by Wealth per Capita – Visual Capitalist

By | Graphics/Design: Key Takeaways Saudi Arabia leads with nearly $1 million in natural resources per person, far ahead of other prominent resource-rich nations. Large populations push China and the…

The U.S. Is Preparing to Seize More Tankers Carrying Venezuelan Crude

The United States plans to seize more tankers carrying Venezuelan crude, Reuters reported today, citing unnamed sources who said there was already a list of vessels targeted for seizure. Earlier…

UK North Sea M&A Spree Continues

Harbour Energy, one of the biggest independent oil and gas producers in the UK North Sea, said on Friday it would buy all the subsidiaries of Waldorf Energy Partners Ltd and…

Explosion at Critical Nigerian Gas Pipeline Disrupts Operations

An explosion occurred earlier this week at a key onshore natural gas pipeline in Nigeria, disrupting operations at the link shipping gas to industrial users and power plants, Nigeria’s state…

  • Gas
  • December 12, 2025
Wood to support Rio Grande LNG under new contract

Global engineering consultancy Wood has been awarded a ten-year maintenance contract with liquefied natural gas company NextDecade for its Rio Grande LNG export facility in Brownsville, Texas. Under the contract,…

  • Gas
  • December 12, 2025
Wood to support Rio Grande LNG under new contract

Global engineering consultancy Wood has been awarded a ten-year maintenance contract with liquefied natural gas company NextDecade for its Rio Grande LNG export facility in Brownsville, Texas. Under the contract,…