Results50 articles shown
OPEC Seen Unyielding in Oil Market-Share Battle with Shale
Friday, May 22, 2015 OPEC will stick with the strategy of favoring market share over prices when it meets next month because rival producers are already starting to buckle.
Unite Joins GMB in Calling for North Sea Strike Action
Friday, May 22, 2015 In a statement to Rigzone, UK trade union Unite states that it will issue a legal notice to the OCA.
Alberta Oil Faces Tough 2015, May Rebound Next Year
Friday, May 22, 2015 Low oil prices and new leadership combine to create uncertainty in Alberta's oil and gas sector.
Total Hosts Climate Talks with Big Oil Companies
Friday, May 22, 2015 France's Total is hosting a meeting of the world's biggest oil firms over the sector's action plan ahead of the UN climate talks in Paris at the end of the year.
Liza Discovery Could Put Guyana on Oil, Gas Map
Friday, May 22, 2015 ExxonMobil's Liza discovery offshore Guyana could put the country on the map as a player in the global oil and gas industry, Wood Mackenzie reports.
Exxon Deploys More Sanction Watchers as Iran Nuke Deal Looms
Friday, May 22, 2015 ExxonMobil is ramping up efforts to track US government work on Iranian sanctions that have locked out American oil companies from the Middle Eastern nation for more than three decades.
Report: Oil, Gas IT Spending Cuts 'Lower Than Expected'
Friday, May 22, 2015 A study finds that oil and gas industry cuts to IT spending are lower than expected as companies eye potential spending on data services technology.
Military Vets in Oil, Gas: Transitioning and Recruitment Strategies
Friday, May 22, 2015 Rigzone speaks with military veterans about their experiences transitioning into oil and gas and addresses the challenges facing transitioning vets today.
Norwegian Oil Drillers Call in Mediator after Wage Talks Fail
Friday, May 22, 2015 Wage talks involving thousands of Norwegian offshore oil workers break down, raising the risk of a strike that could disrupt oil exploration and efforts to raise production.
Mexico's Round One to Attract Smaller Players
Thursday, May 21, 2015 Acreage offered for bidding in the next phase of Mexico's Round One will most likely attract smaller, private and equity-backed companies, Wood Mackenzie tells Rigzone.
GMB Union Calls for Strike Action in UK North Sea
Thursday, May 21, 2015 GMB announces a strike ballot will go ahead after talks failed to resolve a dispute over changes to terms for UK offshore workers.
Oil Gains Over 2% On Inventory Draws, Iraq Fighting
Thursday, May 21, 2015 Oil prices jump more than 2%, giving Brent its biggest rally in more than a week.
More Buyers than Sellers Idles Upstream M&A Market
Thursday, May 21, 2015 Many upstream companies are interested in M&A, but want to hold off activity until stability returns to commodity markets.
Petrobras Offshore Platform Accident Injures Two, Stops Output
Thursday, May 21, 2015 Petrobras was forced to stop output at its P-56 offshore oil production ship in the Marlim Sul field after an explosion in an electrical panel started a fire.
Public Perception Still a Barrier to More Women Pursuing STEM
Thursday, May 21, 2015 Senior female leaders in science and engineering discuss how to change the public perception of women in STEM at a KPMG Global Energy Conference breakfast.
Total In Talks To Give Up Shale License In Denmark
Thursday, May 21, 2015 Total is in talks with Danish regulators on giving up one of the two shale gas licenses it has in the country, the Danish Energy Agency says.
Petrobras Turns to China for $10 Billion to Avert Crunch
Thursday, May 21, 2015 What do you do when you're burdened with the oil industry's biggest debt, credit is drying up and some of your main suppliers are under the gun? Call China.
Oil Rises On US Crude Drawdown But Oversupply Still Weighs
Wednesday, May 20, 2015 Oil prices rebound, with US crude snapping a five-day decline.
Slow Oil Price Recovery Heightens Upstream Default Risk
Wednesday, May 20, 2015 Oil price collapse is putting dozens of E&P companies at risk of debt default.
Oklahoma Set to Overturn Local Drilling Controls as Backlash Brews
Wednesday, May 20, 2015 Facing a backlash over the side effects of its oil and gas boom, Oklahoma is poised to overturn a statute that allows cities and towns to ban drilling operations.
Azerbaijan Lines 20,000 PSI Drill Bit to Test Caspian New Frontiers
Wednesday, May 20, 2015 Caspian Drilling Co. is poised to undertake 20,000 pound per square inch blow-out-preventer drilling with its newbuild semisub to be delivered by Keppel FELS in 2016.
BP Settles Oil Spill-Related Claims With Halliburton, Transocean
Wednesday, May 20, 2015 BP has settled with Halliburton and Transocean cross claims related to the 2010 Gulf of Mexico oil spill.
Statoil Classifies Gudrun Leak as 'Serious'
Wednesday, May 20, 2015 Statoil announces that a condensate leak which occurred on the Gudrun platform in the North Sea recently was 'of the highest degree of seriousness'.
Flood Of New Cash Sustains US Oil Firms; Energy Dealmakers Gripe
Wednesday, May 20, 2015 US oil companies are attracting a wave of new investment from unlikely sources - hedge funds and private equity firms flocking to the energy market for the first time to bet on a rebound.
Woodside Urges Australia to be Prepared for Next LNG Phase
Wednesday, May 20, 2015 With Australia set to be the world's leading LNG exporter soon, Woodside's CEO Peter Coleman cautions the industry not to take the expected demand from Asia for granted.
BHP Billiton: New Production Sources Needed to Meet Future Demand
Tuesday, May 19, 2015 BHP Billiton has urged the global oil and gas industry to make significant new discoveries to avoid a significant gap in long-term demand.
Wood Mackenzie: Bakken, Eagle Ford Not Past Prime
Tuesday, May 19, 2015 Bakken production will keep growing, albeit at a slower pace, and the Eagle Ford still has running room within high-return portions of the play, according to recent analysis by Wood Mackenzie.
Energy Explorers Bemoan Cost Of Labor Disputes In Argentina
Tuesday, May 19, 2015 Labor disputes are on the rise in Argentina and costing foreign energy companies millions of dollars as they explore the country's vast but barely-tapped Vaca Muerta field, company officials say.
Texas Tackles Local Fracking Bans
Tuesday, May 19, 2015 Following the implementation of hundreds of city ordinances, some of which hinder hydraulic fracturing, Texas Gov. Greg Abbott signs bill that clarifies the state is in charge.
Oil Down Over 3% On Dollar Rally, Ample Supply Worry
Tuesday, May 19, 2015 Oil prices fall more than 3%, with US crude extending losses for a fifth straight day.
South Sudan Rebels Say Capture Oil Refinery, Tell Firms to Leave
Tuesday, May 19, 2015 South Sudanese rebels say they have captured a refinery near a major oilfield in Upper Nile State and tell firms there to evacuate staff.
Russell: Shell-BG Deal May Be End Point Rather Than Harbinger
Tuesday, May 19, 2015 There is a widespread assumption that weak commodity prices are likely to spark a wave of merger and acquisition activity as stronger companies seek to buy assets on the cheap.
Oil Down As Firmer Dollar, Ample Supplies Offset Mideast Turmoil
Monday, May 18, 2015 Oil slips as a rallying dollar and concerns of growing oversupply weighs on the market after Saudi Arabia reported its highest crude exports in nearly a decade.
OMV Warns On Libya, Yemen As Profit Hit By Oil Slump
Monday, May 18, 2015 OMV says it is unlikely to resume production in war-torn Libya or Yemen before winter.
ConocoPhillips Says to Maintain Capex for Next 3 Years
Monday, May 18, 2015 ConocoPhillips expects to maintain capital expenditure for the next three years, after reducing it earlier this year due to the oil price drop, Chief Executive Ryan Lance told Reuters.
BP Agrees To Cut Spending On Iraq's Rumaila Field After Oil Price Drop
Monday, May 18, 2015 BP has cut its development budget for the Rumaila oilfield by $1 billion this year.
Russia's Rosneft To Seek Shareholder Approval To Raise $200B
Monday, May 18, 2015 Rosneft will seek shareholder approval to raise nearly $203.50 billion in loans from three domestic banks, the company said in documents prepared for its annual shareholders meeting in June.
Canada Oil, Gas Survey Reveals Optimism Regarding Hiring Plans for 2015
Friday, May 15, 2015 A survey of CEOs from top oil and gas companies in Canada reveals an optimistic outlook for hiring plans in 2015.
Oil Sands Land Becomes Alberta's Hot Real Estate as Oil Rebounds
Friday, May 15, 2015 An indication that crude's recent rally has further to run can be found in the northern forests of Alberta, where companies are paying the most in eight years to lease land for oil sands development.
Brent Up, US Crude Down As Oil Rally Comes Into Question
Friday, May 15, 2015 Brent rebounds from early weakness while US crude holds to losses as traders and investors debate whether oil's rally over the past month and a half should continue.
Two Texas Oil Towns, 38 Miles Apart: One Still Booms, One's Dead
Friday, May 15, 2015 Karnes City and Smiley provide polar-opposite glimpses into what life in a US oil boom town looks like in the wake of last year's price collapse.
Latvia's Forest Gas Storage to Shape Baltics Energy Balance
Friday, May 15, 2015 Latvian birch forest gas reservoirs have enough capacity to see Latvia and Estonia through the winter, while Lithuania hopes to use them to hold some of its gas imports.
Top Oil Execs, Cash-Rich Funds Team Up To Buy UK North Sea Assets
Friday, May 15, 2015 High-profile oil and gas executives are teaming up with private equity funds seeking to invest billions in UK North Sea assets.
Oil Trader Andurand Sees US, OPEC Supply Capping Prices
Friday, May 15, 2015 Oil supply from both OPEC and U.S. shale drillers is set to expand later this year, preventing further gains in prices, according to hedge fund manager Pierre Andurand.
Oil Minister: India Looking to Acquire Oil Assets Abroad
Friday, May 15, 2015 India is looking to buy oil assets abroad, according to the nation's oil minister.
The 'Gig Economy': A Good Fit for Oil and Gas?
Friday, May 15, 2015 Roundtable panelists offer varied opinions on mobile apps' suitability for helping individuals find work in the oil and gas industry.
Bidding Begins For Peru's Largest Oil Block In Amazon
Thursday, May 14, 2015 Peru opens bidding for rights to develop the country's largest oil block after several months of negotiations with indigenous groups over pollution, energy regulator Perupetro says.
Oil Down On Ample Supply As June Brent Expires
Thursday, May 14, 2015 Oil futures pull back as ample global supply weighs on prices while Brent's front-month June contract heads to expiration.
You're a Knight, Not a Bishop (Moving From Job to Job)
Thursday, May 14, 2015 Here are 3 plays that will help you move from job to job-whether within your company or between organizations - and follow the knight's path to success in your career.
The 'Gig Economy': An App-based Spin on an Old Idea
Thursday, May 14, 2015 Roundtable discussion examines what the "gig economy" is and how it's influencing the world of work.
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|Brent Crude Oil :||$66.54/BBL||2.32%|
|Light Crude Oil :||$60.72/BBL||2.95%|
|Natural Gas :||$2.95/MMBtu||1.02%|
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