BP has signed a ten-year offtake agreement for naphta and ultra-low sulfur diesel created from hard-to-recycle waste plastic.

Buckeye Partners has entered into a definitive agreement to acquire Bear Head Energy, which owns a clean energy project in an industrial complex in Canada.

California's milestone of meeting 99.87pct of its electricity demand only via renewables was impressive but it was only for a brief spell.

Check out some of Rigzone's top stories during the last week.

Oil closed Friday at a six-week high on signs the market is tightening as members of the European Union moved closer toward banning Russian crude.

The kickoff for the realization of Gastrade's LNG FSRU in Alexandroupolis took place in the Alexandroupolis Port Customs on May 3, 2022.

DeepOcean AS, a unit of DeepOcean, has signed a long-term strategic partnership deal with Aker BP.

Petrobras started producing oil and natural gas through the FPSO Guanabara on April 30.

Penspen has built on last year's strong performance with over $25 million worth of new contracts signed in the first quarter of 2022.

Chevron will produce the equivalent of about 725,000 barrels of oil daily in the Permian Basin this year.