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Graduate Recruitment Slows, but Still Present in Oil, Gas
Monday, May 02, 2016 Oil and gas companies adjust their graduate recruitment strategies to deal with the industry downturn.

Midstates Petroleum, Ultra File for Bankruptcy Amid Weak Oil Price
Monday, May 02, 2016 Midstates Petroleum and Ultra Petroleum file for Chapter 11 bankruptcy protection, joining several companies that have been unable to meet debt obligations after a steep decline in energy prices.

'Unfixable' Halliburton Bid Felled by Global Scrutiny
Monday, May 02, 2016 Halliburton's "unfixable" plan to merge with Baker Hughes finally collapsed under the weight of worldwide antitrust opposition.

How Can Feds Help Oil, Gas Industry? Stay Out Of It, Insiders Say
Monday, May 02, 2016 From industry consultants to business owners, US oil and gas leaders say a deluge of government regulation and intrusion makes the downturn more challenging.

Baker Hughes to Buy Back Stock, Debt After Halliburton Deal Fails
Monday, May 02, 2016 Baker Hughes said it planned to buy back $1.5 billion of shares and $1 billion of debt, using the breakup fee it will receive following the collapse of its proposed buyout by fellow oilfield services provider Halliburton.


  


Oil Down 3% on OPEC Output Hike, Speculative Ramp-up in Brent
Monday, May 02, 2016 Oil prices fall about 3 percent as production from OPEC neared all-time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized rally.

Oil Down 3% on OPEC Output Hike, Speculative Ramp-up in Brent
Monday, May 02, 2016 Oil prices fall about 3 percent as production from OPEC neared all-time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized rally.

OTC 2016 Slideshow: Check Out Day One
Monday, May 02, 2016 Rigzone walks the floor of OTC 2016 and features the world’s largest offshore gathering in pictures.

Five Jobs Set to Grow in Oil, Gas
Monday, May 02, 2016 Rigzone takes a look at five potential areas of growth where employment could take off.

OTC 2016: Efficient Application Key for Subsea Separation Future
Monday, May 02, 2016 The obstacles facing adoption of subsea separation technology have been overcome. Now, industry must focus on efficient application of existing technologies.

OTC 2016: BP Says Oil Price Not Lower Forever
Monday, May 02, 2016 The oil price will not stay lower forever, says BP's Upstream Chief Executive Bernard Looney.

US Supreme Court rejects appeal in shareholder suit against BP
Monday, May 02, 2016 The US Supreme Court declines a request from shareholders seeking to revive their class action lawsuit against BP claiming the British oil company misrepresented its safety procedures prior to the 2010 Gulf of Mexico oil spill.

EC225LP Helicopters Grounded in UK, Norway after 13 Killed in Crash
Saturday, April 30, 2016 UK Civil Aviation Authority joins Norway in banning EC225LP helicopter flights, as Statoil confirms that employees from Halliburton, Aker Solutions, Schlumberger, Welltec and Karsten Moholt were on the flight.

COLUMN: Technology is the Key to a Sustainable Oil, Gas Industry
Friday, April 29, 2016 Rigzone Editor-in-Chief Jon Mainwaring mulls the wisdom of Norway's energy leaders ahead of this year's Offshore Technology Conference in Houston.

OPEC Oil Output Surges as Iran Looks to Regain Market Share
Friday, April 29, 2016 OPEC crude production surged in April, led by Iran, which is seeking to regain market share after sanctions were lifted early this year.

UPDATE: Western Pennsylvania Natgas Pipeline Explodes, Injuring One
Friday, April 29, 2016 A natural gas pipeline outside Pittsburgh exploded on Friday, setting off a fire that destroyed a home, injuring one person inside it and forcing the evacuation of nearby residents, state and local officials said.

ExxonMobil Profit Beats Expectations On Big Cost Cuts
Friday, April 29, 2016 ExxonMobil reports a higher-than-expected 1Q profit as it slashes costs to offset plunging crude prices and weak refining margins.

Polls: Most Oil, Gas Pros Believe they Can Enjoy Long Career
Friday, April 29, 2016 In a series of Twitter polls, Rigzone finds that oil and gas professionals are hopeful they can enjoy a career in oil and gas despite many having considered leaving the industry recently.

GE Focuses on Digital Technology amid Downturn
Friday, April 29, 2016 GE Oil & Gas continues technology investment through downturn, with a focus on digital technology for offshore operations.

Pemex Says $8B More In Government Aid Could Be On Its Way
Friday, April 29, 2016 Mexico is doing everything it can to salvage its cash cow, and the next step may be to reimburse the oil giant for $8 billion in pension liability savings.

Five Things to Do at OTC 2016
Friday, April 29, 2016 From planning your next career move to planning your next vacation, OTC's not your typical conference.

Oil Ends Steady Near $50; Best Monthly Gain in Brent in 7 years
Friday, April 29, 2016 Oil prices ended steady on Friday after hitting 2016 highs but finished April trading about 20 percent higher, with Brent crude having its best monthly gain in seven years.

Sources: Saudis To Push Oil Output Higher But Won't Flood Market
Friday, April 29, 2016 Saudi Arabia's oil output will edge up close to record highs in coming weeks to meet summer demand for power but is unlikely to be pushed to the limit and flood global markets, Saudi-based industry sources says.

Fatal Helicopter Crash Offshore Norway, 13 On Board
Friday, April 29, 2016 Statoil confirms that a helicopter carrying its crew from the Gullfaks B oil platform has crashed while en route to the Bergen airport.

EY Survey: Work Still Needed in Oil, Gas Workforce's Gender Diversity
Friday, April 29, 2016 Though progress has been made in the oil and gas industry's gender diversity issue, a recent EY survey reveals opportunities for improvement.

OTC 2016: Want to Drink Like A Local? Rigzone Sets The Bar(s)
Friday, April 29, 2016 To help our out-of-town OTC friends navigate Houston's lively night life, Rigzone's bar-hoppers put their heads together to compile a list just for you.

OTC 2016: Get To Know Houston Like An Insider
Friday, April 29, 2016 With thousands of visitors descending on Houston for the Offshore Technology Conference, Rigzone offers up a listing of some activities that show off the city's other assets.

Oil Jumps 2% Despite Glut, Hits 2016 Peaks On Weak Dollar
Thursday, April 28, 2016 Oil markets jump 2 percent, hitting 2016 highs for a third straight day as a weaker dollar had investors shrugging off record high US crude inventories and relentless pumping by major producers.

India Orders Tanker with Disputed Libyan Oil to Await UN Instructions
Thursday, April 28, 2016 India instructs an Indian-flagged oil tanker not to discharge its cargo of oil from Libya's rival eastern government and await instructions from the United Nations, a senior Indian government official says.

Gazprom 2015 Profit Jumps as Kremlin Demands Higher Dividend
Thursday, April 28, 2016 Gazprom, the world's biggest natural gas producer, says full-year profit jumped almost five-fold, signaling the possibility of a higher dividend payout just as the Russian government needs more funds to plug its budget gap.

BSEE Tests Technology for Oil Spill Exercise in Arctic
Thursday, April 28, 2016 BSEE tests technology to locate oil spills as it participates for first time in oil spill exercise run by US Navy.

Study: Fracking Effects on Water Not Systematic
Thursday, April 28, 2016 A recent study finds that potentially hazardous effects of shale exploration and production on groundwater are not systematic.

Oil, Gas Companies Interested in Technology Offering Quick Return
Thursday, April 28, 2016 A telematics company is seeing early interest its tracking technology set to debut at the Offshore Technology Conference.

Top Oil Service Firms Mull North America Retreat As Losses Mount
Thursday, April 28, 2016 Two of the three largest oil rig operators and frackers are considering pulling back from the North American market as losses mount.

Oil Jumps To 2016 Highs As Dollar Drops On Fed Decision
Wednesday, April 27, 2016 Oil prices jump about 3%, hitting new highs for 2016 as the dollar weakens after the Federal Reserve announces it would leave US interest rates unchanged.

Serbian Engineer Abducted In Libya Freed, Serbian Ministry Says
Wednesday, April 27, 2016 A Serbian engineer who was abducted by unidentified kidnappers in Libya has been freed, the Serbian Foreign Ministry says.

Baker Hughes Expects US Rig Count To Stabilize Later In 2016
Wednesday, April 27, 2016 Baker Hughes expects US rig count to begin stabilizing in the second half of 2016, while the rig count globally will drop steadily through the end of the year due to fewer new projects.

Oil's Magic Number Becomes $50 a Barrel for Promise of Recovery
Wednesday, April 27, 2016 BP, Nabors Industries and Pioneer Natural Resources all say that prices above $50 will encourage more drilling or provide the needed boost to cash flow.

Q&A: Industry Must Be Proactive in Attracting Future Workforce
Wednesday, April 27, 2016 Deloitte's Anne Taylor addresses current and future workforce challenges in the oil and gas industry.

European Energy Giants Post Profits in 1Q 2016
Wednesday, April 27, 2016 Statoil and Total both post profits in 1Q 2016, despite continued low oil prices.

Global Oil Market Could Face 4.5M Bpd Shortfall by 2035
Wednesday, April 27, 2016 The global oil market could face a supply shortfall of 4.5 million barrels per day by 2035 if exploration success doesn't improve, according to a new study by Wood Mackenzie.

Lessons, Best Practices for Interns Searching in Oil, Gas
Tuesday, April 26, 2016 Former interns give advice and share best practices for getting the most out of your oil and gas internships.

Crude Prices Jump 3% On Gasoline Rally, Weak Dollar
Tuesday, April 26, 2016 Crude oil prices rise about 3% on the back of a rally in the gasoline market.

Husky May Take Legal Action In Gas Dispute With China Firm
Tuesday, April 26, 2016 Husky says it was confident a dispute with CNOOC over delivery payments for South China Sea gas will be resolved but warned it would take legal action against the state-owned energy company if necessary.

ExxonMobil Loses Top Credit Rating It Held Since Depression
Tuesday, April 26, 2016 Standard & Poor's strips ExxonMobil of its highest AAA measure of credit-worthiness, cutting it to AA+, the same as the US government.

Saudi Spot Oil Deal In China Seen By Citi A 'Dramatic' Shift
Tuesday, April 26, 2016 The world's biggest crude exporter, Saudi Arabia, breaks from its usual practice of selling via long-term contracts, according to Citigroup.

Venezuela Proposes Non-OPEC Oil Producers Attend Vienna Meeting
Tuesday, April 26, 2016 Venezuela proposes that non-OPEC oil producers attend the group's June meeting in Vienna to continue "dialogue and coordination".

Less Than 5% Of Saudi Aramco To Be Sold
Monday, April 25, 2016 Saudi Arabia plans to sell less than 5% of its state oil company Saudi Aramco through an IPO, Deputy Crown Prince Mohammed bin Salman says.

Oil Down; Morgan Stanley, Barclays Warn Of Bearish Forces
Monday, April 25, 2016 Oil prices fall more than 2% as data points to fresh US crude builds, while leading banks in commodities say the two-month long oil market rebound has defied fundamentals.

COLUMN: UK's Abandonment of EU Could Have Dramatic Impact on Oil, Gas
Monday, April 25, 2016 The debate on whether the UK should leave the European Union reveals profound risk and potential reward for the oil and gas industry.

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Brent Crude Oil : $48.1/BBL 0.06%
Light Crude Oil : $44.78/BBL 2.48%
Natural Gas : $2.04/MMBtu 5.99%
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