Results50 articles shown
Iran Faces Slow Road Back to Oil Market Even With Nuclear Deal
Wednesday, July 01, 2015 As Iran nears a deal to ease oil sanctions after almost two years of talks, selling more crude remains a long way off.
US Appeals Court: Ex-BP Engineer Deserves New Gulf Spill Trial
Tuesday, June 30, 2015 A former BP engineer deserves a new trial on an obstruction of justice charge related to the 2010 Gulf of Mexico oil spill, a federal appeals court ruled.
Germany Postpones Vote on Fracking Law amid Coalition Row over Details
Tuesday, June 30, 2015 Germany delays a parliamentary vote on new rules for the disputed technique of fracking for shale gas after coalition parties fail to agree on final details.
Rig Rout Puts Smaller Drillers in Front as Oil Majors Scale Back
Tuesday, June 30, 2015 Crude oil's plunge is leaving drilling rigs idle from Africa to Latin America as the world's biggest energy companies curtail spending and stall projects.
Oil Bounces Off 3-Week Lows As Greek Debt Default Looms
Tuesday, June 30, 2015 Oil prices end higher as it rebounds from 3-week lows with US refined fuel trading leading the rally on bets for strong summer demand.
Lessons from ATP Bankruptcy There for Those Who Listen
Tuesday, June 30, 2015 Oil and gas transactions lawyers share ways to remain solvent during tough economic times.
Israel Plans to Let Noble, Delek Keep Control of Leviathan Gas Field
Tuesday, June 30, 2015 Israel's Energy Ministry unveils a plan for the country's natural gas sector that would leave the largest offshore project, Leviathan, in the control of the Noble/Delek consortium.
EU Offshore Safety Regulations: Guidance on New Rules
Tuesday, June 30, 2015 With new EU offshore safety regulations due to come into force July 19, Rigzone offers tips and guidance for companies on how to deal with the new rules.
New York Formalizes Ban On Fracking, Ending 7-Year Review
Monday, June 29, 2015 New York formalizes its ban on high-volume hydraulic fracturing for natural gas after a 7-year environmental and health review.
Cuadrilla Suffers Further Setback as Fracking Application Rejected
Monday, June 29, 2015 Cuadrilla Resources suffers another setback to its plans to frack for shale gas in northwest England after local authority rejects another application to drill in Lancashire.
On The Brink: Upstream Companies Increasingly Vulnerable To Collapse
Monday, June 29, 2015 Extended period of downturn in oil prices stretches energy finances to the point only the strongest may survive.
Oil Hits 3-Week Lows As Greek Crisis Worsens; Eyes On Iran
Monday, June 29, 2015 Crude futures hit 3-week lows as Greece shut its banks and imposes capital controls, causing widespread risk aversion.
Petrobras Slashes Capex In Bid To Cut Debt, Restore Confidence
Monday, June 29, 2015 Petrobras slashes its long-term spending plan to the lowest level in 8 years as new management moves to reduce the industry's largest debt burden and pull the company out of a giant corruption scandal.
UK Says Argentine Plan to Seize Falklands Oil Driller Assets 'Unlawful'
Monday, June 29, 2015 The UK government says any attempt by Argentina to seize assets of oil drillers operating in the Falkland Islands would be unlawful after an Argentine judge's order is made against six firms.
BP, Anadarko Rejected by Top US Court on Gulf Spill Fines
Monday, June 29, 2015 The US Supreme Court rejected appeals from BP and Anadarko and left intact a ruling that opens the companies to potentially billions of dollars in fines for the 2010 Gulf of Mexico oil spill.
Wintershall Calls for Better German Oil, Gas Regulation
Monday, June 29, 2015 Wintershall warns of job losses in Germany's oil and gas industry as it calls for a proportionate regulatory framework for the sector in the country.
Minister: Argentina Will Pursue Judge Order on Falklands Drillers
Sunday, June 28, 2015 Argentina will pursue in Britain and the US a local judge's order to seize assets of oil drillers operating in the disputed Falklands Islands, the foreign minister says in an interview with local media.
Nigeria's President Dissolves State Oil Company Board
Friday, June 26, 2015 Nigeria's new President Muhammadu Buhari dissolved the board of state-owned NNPC as a first step to cleaning up the oil industry in Africa's biggest economy.
A $500 Billion Maybe: Why Big Iran Moment May Be Years Away
Friday, June 26, 2015 For every investor who sees opportunity in a post-sanctions Iran, there are others who see the same old legal morass.
Baker Hughes: US Weekly Oil Rig Count Decline Slows
Friday, June 26, 2015 Energy firms report the smallest drop in 5 weeks, a sign the collapse in drilling is coming to an end as crude prices recover after falling 60% from last June to March.
Cuadrilla Defends Fracking Plans Following Application Rejection
Friday, June 26, 2015 Cuadrilla defends its proposed plans for shale gas fracking in northwest England, following Lancashire County Council's decision to reject the company's application due to traffic related issues.
Alberta Says Oil, Gas Royalty Review To Be Completed By Year-End
Friday, June 26, 2015 A review of royalties paid by Alberta's oil and gas industry will be finished by year-end, the government of Canada's largest oil-producing province says.
Oil Near Flat, Brent Up Modestly After Two-Day Drop
Friday, June 26, 2015 Crude futures ended little changed after signs Greece might have a deal by the weekend to avoid a debt default.
Survey: Oil Prices Expected to Go Lower for Longer
Friday, June 26, 2015 Oil's new normal may be $60 per barrel, but investors are concerned prices could go lower for a longer period of time than previously expected.
CEA: Action Needed Now on Atlantic Seismic Surveys
Friday, June 26, 2015 The federal government is currently in the midst of a highly-impactful process to determine which areas it will make available for offshore oil and gas leasing between 2017 and 2022.
British Officials Reject Key Shale Gas Fracking Application
Thursday, June 25, 2015 British officials reject a Cuadrilla Resources application for shale gas fracking in northwest England, a landmark decision that is likely to deter potential investors in Britain's nascent shale gas industry.
Congress May Expand MLPs to Include Alternative Fuels
Thursday, June 25, 2015 Bipartisan group of lawmakers making another push to open tax-advantaged master limited partnerships to alternative and renewable fuels.
Offshore Ireland Still Makes Sense in a Low Oil Price World
Thursday, June 25, 2015 A low tax regime for oil and gas explorers means that fields offshore Ireland that would be uneconomic if they were in UK waters remain viable.
Crude Down Again On Oil Products Weakness; Greece, Iran eyed
Thursday, June 25, 2015 Crude oil falls for a second straight day, weighed by weaker US refined fuels markets and potential negative impact from Greece's debt crisis on European energy demand.
Israel's Security Cabinet Approves Gas Deal with Noble, Delek
Thursday, June 25, 2015 Israel's security cabinet has voted in favor of a plan to let Noble and Delek keep control of most of the country's natural gas deposits.
Norway Rig Workers Agree Wage Deal, Avoid Strike
Thursday, June 25, 2015 Norwegian offshore oil rig workers sign a new wage deal, avoiding a strike that could have cut energy production.
Petrobras Urges Dismissal Of US Lawsuit Over Corruption Probe
Thursday, June 25, 2015 Petrobras urges a US judge to throw out an investors' class action lawsuit claiming a multibillion-dollar bribery scandal overvalued it for years.
Rigzone 2Q Survey Reveals Oil, Gas Companies Reluctant to Hire
Thursday, June 25, 2015 Rigzone's 2Q global hiring survey reveals oil and gas companies' reluctance to increase hiring efforts in the near term.
Shell Executives Visit Tehran for Projects If Sanctions End
Thursday, June 25, 2015 Shell executives have visited Tehran to discuss possible partnerships, the latest sign that the largest oil companies are serious about returning to Iran once a deal on the country’s nuclear program is done.
Statoil Streamlines Operating Model, Seeks Cost Efficiency
Thursday, June 25, 2015 Statoil announces that it will streamline its operating model in order to become more cost efficient and fit for the future.
Ex-CNOOC Executive Under Investigation in China for Graft
Thursday, June 25, 2015 The former deputy general manager of CNOOC is under criminal investigation for "accepting bribes", according to judicial authorities in China.
Norway Oil-Rig Unions in Last-Chance Talks to Avoid Strike
Wednesday, June 24, 2015 Norwegian oil-rig unions and employers start government-backed mediation in a final bid to avoid a strike that could shut down two North Sea oil fields.
ExxonMobil VP Shares Industry Career Perspectives
Wednesday, June 24, 2015 Margaret Mattix of ExxonMobil stresses the importance of being open and identifying behavioral strengths when navigating a career path.
Oil Slides After Big US Gasoline Build Offsets Crude Draw
Wednesday, June 24, 2015 Crude oil futures settle down more than 1% after a government report showing an eighth straight weekly drop in US crude stockpiles was offset by a large build in refined products.
UK Officials Delay Decision On Key Shale Gas Permit Again
Wednesday, June 24, 2015 British officials have adjourned until Monday the process for deciding whether to grant shale gas firm Cuadrilla Resources a project planning permit in northwest England.
Qatar Petroleum Expanding Overseas With Focus on Production
Wednesday, June 24, 2015 Qatar Petroleum plans to expand overseas after a restructuring that included the takeover of its foreign investment arm and the firing of some workers.
Statoil Cancels China Oilfield Services Rig Contract
Wednesday, June 24, 2015 Statoil cancels a rig contract with China Oilfield Services 13 months ahead of the expiry date, blaming overcapacity in its rig portfolio.
Syrian Army Secures Oil Field Perimeter, Kills Militants
Wednesday, June 24, 2015 Syrian state television states that the army and allied militia have secured the perimeter of the Jazal oil field near Palmyra, which had been the focus of recent heavy fighting with Islamic State militants.
A Guide to Organizational Planning during a Downturn
Wednesday, June 24, 2015 The industry downturn serves as an opportune time for oil and gas companies to focus on their organizational planning.
Russia's Lukoil To Cut Investments To $12.5B In 2015
Wednesday, June 24, 2015 Vagit Alekperov, the head of Lukoil, says the firm expected to invest $12.5B in 2015, down from around $15B last year.
Crude Up About 2% As US Oil Products Jump; Eyes On Iran
Tuesday, June 23, 2015 Crude futures rally around 2%, latching onto a rebound in oil products ahead of US inventory data expected to show strong demand for gasoline.
UK Officials Delay Shale Permit Decision To Wednesday
Tuesday, June 23, 2015 British officials have adjourned until Wednesday the process for deciding on whether to grant shale gas firm Cuadrilla a project planning permit in northwest England.
Germany's E.ON Puts North Sea, Algeria Assets on the Block
Tuesday, June 23, 2015 German utility E.ON wants to sell its North Sea and Algerian oil and gas assets, according to several banking sources, and hopes to raise around $2 billion as it restructures.
New Federal Fracking Rules Delayed by US Judge in Wyoming
Tuesday, June 23, 2015 New US fracking safety rules set to take effect were put on hold by a Wyoming federal judge who said he needed more evidence to decide.
Frontier Fracking Showdown Pits Feds Against Western Boom States
Tuesday, June 23, 2015 Four western states are headed for a courtroom showdown over who should have the last word on rules for extracting oil and natural gas from federal property within their borders.
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|Brent Crude Oil :||$63.59/BBL||2.54%|
|Light Crude Oil :||$59.47/BBL||1.95%|
|Natural Gas :||$2.83/MMBtu||0.71%|
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