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Top Rigzone News

Vladimir Putin · RussiaRussia’s oil-and-gas budget suffered a painful blow in 2025. Revenues from the sector fell 24% to 8.48 trillion roubles, the weakest showing since 2020. That matters because oil and gas still bankroll roughly a quarter of the federal budget, and that budget is being chewed up by defense and security spending at a pace hard to ignore. This is not because Russia pumped less crude. Oil prices fell more than 18% last year. That is the sharpest annua…See the Story
Russia's Oil and Gas Budget Revenue Falls 24% to Lowest ...
58% Center coverage: 14 sources

Mitsubishi · JapanJapanese trading house Mitsubishi Corp will buy the U.S. shale production and infrastructure assets of Aethon Energy Management for $7.53 billion, it said on Friday, its largest deal yet as it seeks to strengthen its gas supply chain.See the Story
Mitsubishi Acquires $7.5 Billion U.S. Shale Gas Assets From Aethon
54% Center coverage: 13 sources
