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Reports: Offshore Gas Worker Dies in North Sea Incident
Wednesday, December 07, 2016 An offshore gas worker has died after an incident in the North Sea, according to various media reports.
Innovation Here to Stay as Oil, Gas Industry Seeks Competitive Edge
Wednesday, December 07, 2016 Innovation will continue to play a role as oil and gas companies seek to maintain competitive edge.
NNPC Head: Nigeria Oil Sales Should Be Centralized In Sector Overhaul
Wednesday, December 07, 2016 Nigeria's oil sales should remain the sole responsibility of one company rather than be split between two agencies as a draft of the country's long-awaited petroleum bill proposes.
Oil Slips On Bearish US Inventory Report, Doubts Over OPEC Cut
Wednesday, December 07, 2016 Oil prices slide on bearish US petroleum inventory data and doubts that production cuts promised by OPEC and Russia will be deep enough.
OPEC Production Cut to Drive OFS Spending in Shale
Wednesday, December 07, 2016 Oilfield services spending for onshore shale will grow as a result of OPEC's production cut, but offshore suppliers will struggle in 2017.
OPEC Deal Will Go Ahead Even If Only Russia Commits
Wednesday, December 07, 2016 OPEC's deal to cut oil production will go ahead even if Russia becomes the only non-OPEC country to commit to reduce output at a meeting this week, Nigeria says.
Analysts: Production Ramp-Up at TEN Crucial for Tullow
Wednesday, December 07, 2016 Production ramp-up of the TEN field offshore Ghana is crucial for Tullow Oil plc to maintain continued bank support ahead of a final investment decision on a new project in Uganda, say analysts.
BLOG: US Government Claim on Cybersecurity Shortage Doesn't Hold Up
Wednesday, December 07, 2016 The US government's claim that no shortage of cybersecurity professionals exists doesn't hold water.
Top Soft Skills the Oil, Gas Industry Needs
Wednesday, December 07, 2016 While the industry works its way toward a recovery, Rigzone highlights specific soft skills that will be needed by oil and gas workers.
Oil Falls On Output Cut Skepticism, OPEC And Russia Output Rise
Tuesday, December 06, 2016 Oil prices end lower for the first time since OPEC agreed on Nov. 30 to cut output.
Opinion: The Truth About The OPEC Deal
Tuesday, December 06, 2016 Mahdi Kazemzadeh of Middle East-focused advisory firm Afraz Advisers gives his take on the recently agreed OPEC deal.
Minister Plays Down Landowner Threats To PNG LNG Operations
Tuesday, December 06, 2016 Papua New Guinea's petroleum minister on Tuesday played down threats of disruptions to ExxonMobil's $19 billion PNG LNG project due to landowners being unable to buy a stake in the project by the end of this year.
Statoil to Stop Using H225 Helicopter Variant Involved in Crash
Tuesday, December 06, 2016 Statoil will not resume using Airbus' Super Puma helicopters even if Norway's Civil Aviation Authority decides to lift the ban imposed after a fatal crash off Norway in April.
Statoil Pledges to Slash CO2 Emissions by 2030
Tuesday, December 06, 2016 Statoil's CEO Eldar Saetre has vowed to cut the company's CO2 emissions across its Norwegian assets over the next 13 years.
Statoil CEO Sees Oil Market Rebalancing Sooner, Price Heading Towards $60
Tuesday, December 06, 2016 The balance between demand and supply in the oil market will shift earlier than previously expected due to OPEC's output cuts, Statoil's chief executive says.
Saudi Arabia Switches OPEC Tack With Eye on World's Top IPO
Tuesday, December 06, 2016 To understand why Saudi Arabia changed course and decided OPEC should go back to managing supply, look at two of the kingdom's biggest policy challenges.
North Sea Jobs at Risk Without Greater Investment
Monday, December 05, 2016 More investment is needed if the oil and gas sector wants to avoid the risk of losing key workers in the North Sea, Scottish National Party MSP Gillian Martin said.
Rigzone Survey: Millennials Want Training and Growth Opportunities
Monday, December 05, 2016 Millennials value solid training programs in their ideal oil and gas employers and the industry is tweaking its recruitment efforts to meet the needs of the millennial generation.
ITEM Club: More Jobs Losses Expected in NE Scotland due to Oil Slump
Monday, December 05, 2016 EY Scottish ITEM Club forecasts that Aberdeen will see a further 4,000 jobs lost over the next three years as the consequences of the low oil price continues to be felt.
BLOG: Trump No 'Silver Bullet' for Oil, Gas Industry
Monday, December 05, 2016 A Houston Energy Breakfast panel highlights what the industry should look out for next year after Trump takes office.
Survey: Collaboration is Crucial for Future Success in North Sea
Monday, December 05, 2016 Collaboration is vital for the future success of the oil and gas industry in the North Sea, according to a survey from Oil & Gas UK and Deloitte.
Kemp: After Two Years, Why An OPEC Deal Now?
Monday, December 05, 2016 OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed?
KRG Doing All It Can To Ensure IOC Payments Says Deputy Prime Minister
Monday, December 05, 2016 The Kurdistan Regional Government is doing all it can to ensure prompt payments to international oil and gas companies operating in the area, KRG Deputy Prime Minister Qubad Talabani says.
Oil Retreats On Doubts OPEC Cuts Can Ease Glut
Monday, December 05, 2016 US crude futures strengthened before retreating in post-settlement trade as the market lost confidence.
Morton County Sheriff Defends Tactics against Pipeline Protesters
Sunday, December 04, 2016 North Dakota county sheriff defends tactics after police use water hoses and rubber bullets against pipeline protestors.
Jobs Report: US Mining Employment Unchanged in Nov.
Friday, December 02, 2016 Data from the Bureau of Labor Statistics finds that employment in oil and gas extraction remains relatively unchanged in November.
Eni: Oil Worker Dies Following Congo Platform Fire
Friday, December 02, 2016 An oil and gas worker dies after a fire occurred on the Foukanda platform, located offshore the Republic of Congo, Italian energy firm Eni said Friday.
Survey: CEOs See Competitive Advantage in Technology, Not People
Friday, December 02, 2016 In a recent survey, CEOs said that technology, not people, would offer the greatest competitive advantage in the future.
Oil Rallies To Best Week In Years After OPEC Output Deal
Friday, December 02, 2016 Oil prices rallied for their best week in at least five years, steadying above $51 a barrel.
Azerbaijan's $35B Oil Fund Pledges To Improve Transparency
Friday, December 02, 2016 SOFAZ is committed to keep improving transparency, its executive director said, in order to meet a key international benchmark that would make the country more attractive to foreign investors.
Argentine Oil And Gas Workers To Strike Over YPF Layoffs
Friday, December 02, 2016 Some 23,000 Argentine oil and gas workers will go on a 48-hour strike beginning Monday to protest YPF's decision to lay off workers.
Analysts: OPEC Deal will see Brent Hit $72
Friday, December 02, 2016 The price of Brent crude oil will hit $58 per barrel in 2017 and $72 per barrel in 2018, according to forecasts from oil and gas analysts at investment bank Jefferies.
Decommissioning Spending May Skyrocket 540% to $210 Billion
Friday, December 02, 2016 With more than 600 projects expected during the next five years, decommissioning in the global offshore industry is heading for a perfect storm, says study author.
Luring Talent Back to Oil Patch Will Test Industry in 2017
Thursday, December 01, 2016 More than 30% of oil and gas companies are already hiring or intend to add jobs next year, survey finds.
Oil Soars, Brent Hits 16-Month High After OPEC Output Deal
Thursday, December 01, 2016 Oil prices surge 4%, with Brent crude at its highest in about 16 months.
Ex-Oil Workers Look to Grow Aberdeen Brewery, Employ More Ex-Energy Staff
Thursday, December 01, 2016 Ex-oilfield workers Dave Grant and Dave McHardy, who opened a brewery in Aberdeen after leaving the sector, are looking to expand their business and employ more ex-energy industry staff in 2017.
BP Greenlights $9B Mad Dog Platform Design
Thursday, December 01, 2016 Efforts to simplify the second Mad Dog platform design will allow the project to be profitable at current or lower oil prices.
Net Oil Importer Indonesia Leaves Producer Club OPEC, Again
Thursday, December 01, 2016 Indonesia has suspended its membership of the Organization of Petroleum Exporting Countries (OPEC), less than a year after rejoining the cartel.
OPEC Crude Cut Could Push Oil to $75 Per Barrel in 2017
Thursday, December 01, 2016 OPEC agrees to slice its oil production by more than 1 million barrels per day beginning Jan. 1, raising market hopes and commodity prices.
BLOG: OPEC Struck A Deal - Now Comes the Hard Part
Thursday, December 01, 2016 Tucked inside the jubilant reaction to OPEC's agreement to cut production, skepticism exists over whether member nations will cheat to hit their marks.
OPEC to Cut Crude Production by 1 MMbpd in January
Wednesday, November 30, 2016 In highly anticipated Vienna meeting, OPEC decides to cut crude oil production by 1 million barrels per day beginning Jan. 1.
Last Call: Look Back at 2016, Explore 2017 Possibilities
Wednesday, November 30, 2016 Last call for completing the inaugural Downstream Sentiment Survey!
Saudis Say To Take Big Hit On Oil Output For OPEC Deal, Iran Can Freeze
Wednesday, November 30, 2016 Saudi Energy Minister Khalid al-Falih says OPEC is close to clinching a deal to limit oil output.
Australia Takes Aim At Oil And Gas Industry In Tax Review
Wednesday, November 30, 2016 Australia is targeting the oil and gas industry for a tax review ahead of next year's budget, in a push to boost revenue after a sharp slump over the past 3 years and collect more from multinational giants.
Centrica: Oda Field to see $634M Investment, Will Create 5,500 Jobs
Wednesday, November 30, 2016 Centrica plc, along with its license partners, has pledged to invest $634 million for the development to the Oda field, which it says will generate thousands of jobs over its lifetime.
Oil Soars off OPEC Agreement to Cut Production
Wednesday, November 30, 2016 Oil prices surged in early trading based off newsflow from Vienna that OPEC had come to an agreement to cut crude output.
Norway To Investigate Oil Industry Safety After Accidents Rise
Tuesday, November 29, 2016 Norway will appoint a public commission to look into the safety of the country's offshore oil and gas industry following a recent string of accidents, the government says.
Jittery Market Watches as OPEC Mulls Production Deal
Tuesday, November 29, 2016 Conviction wanes on expectation of a production agreement as the crude oil industry nervously watches OPEC's rhetorical shifts leading up to Nov. 30 meeting.
Oil Tumbles Nearly 4% On Doubts Over OPEC Production Cut
Tuesday, November 29, 2016 Oil slumps by roughly 4% as OPEC's leading oil exporters struggled to agree on a deal to cut production to reduce global oversupply and boost prices.
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|Natural Gas :||$3.64/MMBtu||0.27%|
|Brent Crude Oil :||$53.93/BBL||1.83%|
|Light Crude Oil :||$50.93/BBL||1.66%|
|Updated in last 24 hours|