Impacts will be localized following the recent Colonial Pipeline cyberattack, which led to the company temporarily halting all pipeline operations. That’s according to Rystad Energy oil markets analyst Louise Dickson, who outlined that northeastern and southeastern states may see increased prices at the pump, but other regions with more robust products inventories, such as the
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Baker Hughes Co. (NYSE: BKR) on Friday reported the total number of rotary drilling rigs operating in the United States hit 448 this week – an eight-unit week-on-week increase. The most recent U.S. rig count reflects a two-unit increase in oil rigs (to 344), a seven-unit increase in gas rigs (to 103), and a one-unit
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A member of President Biden’s Cabinet recently told oil companies what might happen to them if they fail to do something, and the admonition caught the attention of Rigzone’s downstream readership. Find out what the federal official said, along with other recent developments, in this recap of some of the most-viewed downstream-related articles from the
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Velesto Energy Berhad has provided an update on the Velesto Naga 7 rig, which was revealed to have submerged on May 4. The company announced on Thursday that the focus remains on rescue, evacuation, and recovery efforts and revealed that all 101 personnel on-board the rig had been transferred safely to Miri, Sarawak. As of
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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