Friday, May 06, 2016 Rigzone readers tended toward the conservative side of responses in a recent series of political polls related to the oil and gas industry we posted on Twitter during the first week of May.
Friday, May 06, 2016 Nigeria is suffering a worsening bout of oil disruption that has pushed production to the lowest in 20 years, as attacks against facilities in the energy-rich but impoverished nation increase in number and audacity.
Friday, May 06, 2016 The central banks of India and Iran reach an arrangement to use European banks to process pending oil payments to Tehran, India's Oil Minister Dharmendra Pradhan told Reuters, unlocking $6.4 billion in stalled funds.
Thursday, May 05, 2016 Apache's cost savings in the first three months of 2016 exceeded its own expectations and are likely to continue even if oilfield services costs rise, executives of the Houston-based oil and gas producer say.
Thursday, May 05, 2016 Oil prices surge after a raging wildfire near Canada's oil sands region curbed output that mainly flows to the United States, before settling off their highs as a rebounding dollar and a huge US stockpile build cut into gains.
Friday, April 29, 2016 Australia's APPEA says the industry may spend more than $765 million on near-term exploration work if current plans to develop the Great Australian Bight resources were approved.
Friday, April 29, 2016 PETRONAS and its partners hope to make a final decision within months on whether to build what could be Canada's first liquefied natural gas export project, though further delays to the environmental review could push that timeline back.
Friday, April 29, 2016 Eni is on track to sell assets worth 5 billion euros in the next two years as the oil major looks for resources to fund high-profile projects in Egypt and Mozambique and offset the impact of lower oil prices.
Friday, May 06, 2016 US oil drillers cut rigs for a seventh week in a row to the lowest level since October 2009, oil services company Baker Hughes said Friday, although as analysts see an end to the nearly two-year slump in drilling for new wells.