News Categories: Industry Headlines News

By Region: Articles From:

Results50 articles shown

ConocoPhillips Reports Better-Than-Expected Profit in Oil Crash
Thursday, July 30, 2015 ConocoPhillips reports better-than-expected profit and output while cutting spending plans amid lower oil prices.

Shell, Centrica to Cut More Than 12,000 Jobs by 2020
Thursday, July 30, 2015 Shell and Centrica reveal plans to axe more than 12,000 jobs by 2020.

Unite Members Reject Latest OCA Proposals
Thursday, July 30, 2015 Unite union members reject the latest proposals by the Offshore Contractors' Association over changes to conditions for offshore workers in the North Sea, increasing the likelihood of industrial action.

Russell: Asia LNG Output Vs Regas Capacity Mismatch Looming
Thursday, July 30, 2015 What could go wrong for liquefied natural gas in Asia to derail the current consensus of strongly rising demand being met by supply that is increasing even faster?

UK Oil, Gas Industry Companies More Optimistic in 2Q
Wednesday, July 29, 2015 Companies in the UK oil and gas industry are becoming more optimistic about the sector, according to Oil & Gas UK's latest Business Sentiment Index.


  


Hess Has Second-Quarter Loss as Bakken Helps Lift Oil Output
Wednesday, July 29, 2015 Hess reports its second consecutive quarterly loss as higher oil output fails to compensate for lower prices.

Texas Counties among the Best and Worst for Oil, Gas Jobs in 2014
Wednesday, July 29, 2015 Midland County created the most oil and gas jobs in 2014, while Harris County had the most job losses in 2014, a report finds.

Mexico To Postpone Deep Water Auction, Adjust Next Oil Tender Terms
Wednesday, July 29, 2015 Mexico will postpone auctions for deepwater oil exploration and production contracts and adjust the terms of upcoming tenders.

Oil Rises From Near 6-Month Lows After Big US Stock Drawdown
Wednesday, July 29, 2015 Oil settles higher, recovering from multi-month lows, after US government data shows a surprisingly large crude stockpile draw.

World's Top 3 Shipbuilders Post Record Loss on Deep-Sea Failures
Wednesday, July 29, 2015 The world's three biggest shipbuilders posted a combined $4.1B in operating losses in the second quarter, paying the price for a failed foray into deep-sea oil rigs.

How Pipelines Saved America's Biggest Oil Basin From Shale Bust
Wednesday, July 29, 2015 To understand why US oil production is so resilient, it helps to consider the maze of pipelines running out of Midland, Texas.

Oil Contractor Saipem Slashes Guidance And Jobs In Turnaround Plan
Tuesday, July 28, 2015 Saipem slashes its guidance for the year as it books writedowns of $1B and announces a restructuring plan that includes 8,800 job losses as it cuts costs to counter falling oil prices.

Oil Steadies After 4-Day Loss; US Inventory Draw Eyed
Tuesday, July 28, 2015 Oil prices steady, with Brent recovering from near six-month lows and US crude settling more than 1% higher.

Hercules Needs A Hero As Share Prices Sink
Tuesday, July 28, 2015 In a struggling time for many offshore companies, Hercules Offshore's plan for bankruptcy is sinking its shares prices in an especially tough trading environment.

Chevron to Cut 1,500 Jobs
Tuesday, July 28, 2015 Chevron will cut 1,500 jobs globally due to the current market environment.

I Just Got Laid Off ... Now What?
Tuesday, July 28, 2015 Career experts offer advice to oil and gas professionals who are looking to move their career forward after layoffs.

BHP Plans To Shed Around 100 HQ Jobs As Commodities Tumble
Tuesday, July 28, 2015 BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices.

Anadarko Petroleum Quarterly Profit Lower, Beats Street
Tuesday, July 28, 2015 Anadarko reports a drop in profit, but results topped Wall Street expectations as the oil and natural gas company improved drilling practices and produced more crude than expected.

European Majors Reap Benefits of Cost-Cutting Measures
Tuesday, July 28, 2015 Statoil and BP are reaping the benefits of cost cutting across their operations.

Report: Green Group Sues ConocoPhillips, CNOOC over China Oil Spill
Monday, July 27, 2015 China Daily reports that a maritime court in Qingdao will hear a landmark case brought against US oil giant ConocoPhillips and China's CNOOC.

Oil Hits 4-Month Low On China Stock Market Dive, Supply Concern
Monday, July 27, 2015 Crude oil futures hit 4-month lows after a steep drop in China's stock markets spark concern about the economic health of the world's biggest energy consumer.

Wood Mac: Deep-Sea Oil Projects Make Up Most of $200B Deferrals
Monday, July 27, 2015 Oil and gas projects in deep basins account for most of the deferred investments worth more than $200 billion made due to the oil price crash, analysts say.

What Now for UK Shale Gas?
Monday, July 27, 2015 Rigzone asks UKOOG Chief Executive Ken Cronin what's next for the UK's nascent shale gas industry.

Deep-Sea Plan Fails, Leaving Korean Shipyards Struggling
Monday, July 27, 2015 The deep-ocean strategy is coming back to bite South Korean shipyards.

OGA Names Final Winners from 28th Offshore Licensing Round
Monday, July 27, 2015 The UK's Oil and Gas Authority announces the remaining winners from the 28th Offshore Licensing Round, which covers 353 blocks on the UK Continental Shelf.

Mexico's Pemex To Submit Rest Of Deep Water Tie-Up Requests In August
Friday, July 24, 2015 Pemex plans to submit the remaining requests for tie-ups with private companies in five deep water fields in the Gulf of Mexico in early August, a senior executive at the state-run oil company says.

Iranian Deal Could Push US Oil Exports
Friday, July 24, 2015 Deloitte experts contemplate potential implications of lifting Iranian oil sanctions.

Oil Falls To Lowest Close Since March, Down A Fourth Week
Friday, July 24, 2015 Brent and U.S. crude futures settle at their lowest since March and post their fourth straight weekly decline as weak economic data from China and a rise in U.S. oil drilling rigs applied pressure.

Petrobras Union Begins 24-Hour Strike Against Asset Sales, Oil Bill
Friday, July 24, 2015 Brazilian oil workers begin a 24-hour strike in an effort to stop moves to shrink state-run oil company Petrobras, according to the main union representing the workers.

'New Normal' Environment Requires Closer Look at Cost-Cutting Measures
Friday, July 24, 2015 KPMG energy practice leaders discuss industry challenges amid a lower oil price environment.

Guyana Considers Alternatives as Venezuela Oil Program Wobbles
Friday, July 24, 2015 Guyana is considering energy alternatives to the Petrocaribe program as Venezuela fails to meet export quotas and tensions flare between the neighboring countries.

Canada's Encana Lays Off 200 Employees In July Amid Oil Slump
Friday, July 24, 2015 Encana says it laid off about 200 employees this month, joining a growing list of oil producers cutting jobs to cope with a steep fall in crude prices.

Baker Hughes: U.S. Oil Drillers Add Rigs Despite Crude Price Collapse
Friday, July 24, 2015 U.S. oil producers add 21 oil rigs in the past week, the most in over a year, suggesting that drillers were moving more aggressively than expected, just before crude prices' latest dive down.

Douglas-Westwood Expects FLNG Market to Grow to $58.3B Over 2015-2021
Thursday, July 23, 2015 Douglas-Westwood expects the global floating liquefied natural gas market to grow to $58.3 billion in the 2015-2021 period despite the current pause in orders.

Oil Falls On Concerns About Supply Glut, Shaky Demand
Thursday, July 23, 2015 Brent crude oil futures settle at its lowest since April and US crude falls into bear market territory.

Iran Eyes $185B Oil, Gas Projects after Sanctions
Thursday, July 23, 2015 Iran outlines plans for the rebuilding of its core industries and trade links in the wake of a nuclear agreement with world powers, saying it is targeting $185 billion of oil and gas projects.

Petrobras Union May Follow 24-Hour Strike With September Walkout
Thursday, July 23, 2015 Brazil's main oil workers union is considering an open-ended strike in September if a 24-hour walkout scheduled for midnight Thursday fails to stop moves to shrink state-run oil company Petrobras.

Cuadrilla Appeals Council's Shale Gas Planning Refusals
Thursday, July 23, 2015 Cuadrilla Resources says it will appeal decisions made last month by a local authority in northwest England to refuse planning applications for shale gas exploration sites.

Oil Rigs Left Idling Turn Caribbean Into Expensive Parking Lot
Thursday, July 23, 2015 The Gulf of Mexico and the Caribbean Sea have become a garage for deepwater drillships - at a cost of about $70,000 a day each. It's either that or send your precious rig to a scrapyard.

E&P MLPs: Upstream Without A Paddle
Thursday, July 23, 2015 Upstream MLP units are trading at epic low prices; Rigzone talks to the experts about whether these structures will sink or swim.

Weatherford Raises Layoffs Target to 11,000
Thursday, July 23, 2015 Weatherford increases its worker layoff target to 11,000 as weakness in the North American oilfield service market activity continues.

Exxon's Guyana Oil Discovery May Be 12 Times Larger Than Economy
Wednesday, July 22, 2015 An ExxonMobil discovery in the Atlantic Ocean off Guyana may hold oil and natural gas riches 12 times more valuable than the nation's entire economic output.

Former Senior Chinese Energy Executive Stands Trial
Wednesday, July 22, 2015 A former senior executive at China National Petroleum Corporation goes on trial in Hubei province.

Engineering Firm: Work At Site Of Nexen Spill Done On Tight Schedule
Wednesday, July 22, 2015 Infrastructure at the site in northern Alberta of one of the biggest oil-related pipeline spills ever on North American soil was installed on a "tight schedule".

Kemp: North Dakota Oil Well Completions Slow Sharply
Wednesday, July 22, 2015 No new well completion reports have been filed in North Dakota since July 10, the longest gap this year, according to daily activity records published by the state's Department of Mineral Resources (DMR).

Nigeria's President Buhari Says Will Recover Stolen Oil Money
Wednesday, July 22, 2015 Nigerian President Muhammadu Buhari says his government will trace and recover what he called "mind-boggling" sums of money stolen from the oil sector.

Oil Falls, US Crude Settles Below $50 As Inventories Rise
Wednesday, July 22, 2015 Oil prices fall and US crude settles below $50 a barrel after government data showed crude inventories in the United States rose last week.

Slight Rebound Seen in US Onshore Production, Rig Count
Wednesday, July 22, 2015 DrillingInfo CEO Allen Gilmer talks with Rigzone about what to expect in terms of US onshore drilling and production.

US Says Shell Is Not Yet Allowed To Drill In Arctic Oil Zone
Wednesday, July 22, 2015 The US Interior Department grants Shell its final two permits to explore for oil in the Arctic this summer.

Vietnam Arrests Sacked PetroVietnam Chairman, Post Now Filled by CEO
Wednesday, July 22, 2015 The Vietnamese government arrests sacked PetroVietnam's Chairman Nguyen Xuan Son for abuse of power during his stint as CEO of Dai Duong Commercial Bank, a local daily says.

Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination. For more articles, please perform an Advanced Article Search.

 
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE
Most Popular Articles
Brent Crude Oil : $53.38/BBL 0.15%
Light Crude Oil : $48.79/BBL 1.68%
Natural Gas : $2.89/MMBtu 2.48%
Updated in last 24 hours