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UAE Energy Minister Hopes Global Oil Markets Begin To Tighten In 2H
Friday, July 21, 2017 UAE Energy Minister Suhail bin Mohammed al-Mazroui says he hopes that global supplies will start tightening in the second half of the year.

Greenpeace Activists Protest Near Oil Rig In Norway's Arctic Sea Area
Friday, July 21, 2017 Environmental activists protest near an offshore rig contracted by Statoil in the remote Norwegian Arctic.

US Owns 700 Million Barrels of Oil. Trump Wants to Sell It
Friday, July 21, 2017 President Donald Trump wants to sell part of the reserve.

Oil Dives About 2.5%; OPEC Crude Output Rise Forecast
Friday, July 21, 2017 Oil prices slid on Friday, settling about 2.5% lower after a consultancy forecast a rise in OPEC production.

OPEC, Russia to Stand Pat on Oil Deal Even as Glut Persists
Friday, July 21, 2017 OPEC and Russia's plan to clear the global oil glut hasn't worked as they hoped, but there's little expectation the world's largest producers will act more aggressively when they meet this weekend.


  


Oil Settles Down After Early Rally Lifts Brent Past $50
Thursday, July 20, 2017 Oil settles lower in choppy trading, as nagging worries about abundant global crude supplies sank prices after an early rally boosted Brent above $50 per barrel for the first time since June 7.

I Was Goldman Sachs' Chief Geologist. Banks Want My Skills
Thursday, July 20, 2017 Investment banks are desperately seeking technical specialists to enable them to take advantage of the surge in oil and gas deals.

Three Years Into Cheap Oil, Gulf Is Still Depending on a Rebound
Thursday, July 20, 2017 Energy-rich Gulf Arab nations have scrambled to adjust to the slump in oil prices since 2014.

Exxon Fined for Russia Sanctions Violations Under Tillerson
Thursday, July 20, 2017 The Treasury Department fined ExxonMobil $2 million for "egregious" violations of sanctions against Russia when now-Secretary of State Rex Tillerson was chief executive.

BLOG: Rigzone Survey Examines Departed Oil, Gas Workers
Thursday, July 20, 2017 We wanted to know how the industry downturn affected oil and gas professionals' career paths. So we conducted a survey to find out.

EIA: US Crude, Gasoline Stocks Drop Sharply
Wednesday, July 19, 2017 US crude stocks dropped more than expected last week, while gasoline and distillate inventories also fell sharply, data from the EIA shows.

Oil Jumps To 6-Week High On Surprisingly Big US Inventory Draws
Wednesday, July 19, 2017 Oil prices jumped almost 2% to a six-week high on Wednesday.

Top Oil Buyer's Demand in Peril as OPEC Wrestles Over Output
Wednesday, July 19, 2017 Oil bulls grappling with OPEC's weakened resolve to curb output are also having to worry about waning demand.

Preparing a Mechanical Engineering Resume
Wednesday, July 19, 2017 Your resume serves one primary goal. Here's how to make it stand out.

Oil Rises on Strong Demand, Falling Saudi Exports
Tuesday, July 18, 2017 Oil prices rose slightly on Tuesday as Saudi exports fell and solid demand soaked up some of what is seen as an oversupplied market.

Kemp: US Uncompleted Well Backlog Hangs Over Oil Market
Tuesday, July 18, 2017 The problem is concentrated in the Permian Basin of Texas and New Mexico.

Next Mexico Deepwater Oil Tender May Draw from Three Gulf Basins
Tuesday, July 18, 2017 The auction will likely take place in January, although no fixed date has yet been set.

Top Oil Market Summons Poseidon to US-Mideast Crude Fight
Tuesday, July 18, 2017 Poseidon is the latest grade similar in quality to Middle East supply to lure a buyer in the world's biggest oil consuming region.

ExxonMobil Says Will Drop Discussions Over Indonesia's East Natuna
Tuesday, July 18, 2017 Difficulties with the field, first discovered in the 1970s, have included contract disputes and remoteness.

Egypt Sets Sights on Doubling Natural Gas Output by 2020
Monday, July 17, 2017 Egypt's natural gas production rose to about 5.1 billion cubic feet per day in 2017 from 4.4 billion cubic feet in 2016.

Mexico Delays Next Oil Auction to Let Huge New Find Sink In
Monday, July 17, 2017 "International and national interest is awakening," said Mexico's chief oil regulator.

Oil Prices Ease on Signs of Steady Output from Some Producers
Monday, July 17, 2017 Oil prices were about 1 percent lower on Monday.

A Newcomer's Guide to Oil and Gas: A Groundbreaking Number
Monday, July 17, 2017 You've submitted more questions. We've got more answers.

Trump Administration Reduces Royalty Rates in First US Oil, Gas Lease Sale
Friday, July 14, 2017 The Trump administration announced its first offshore oil and gas lease sale, offering 76 million acres in the Gulf of Mexico and reduced royalty rates for shallow water leases to encourage drilling at a time of low oil prices.

Kemp: US Drilling Costs Start To Rise As Rig Count Climbs
Friday, July 14, 2017 US oil and gas E&P companies are paying more to hire drilling rigs as the number of rigs still idle after the slump declines.

What's It Take to Land a Job as a Petroleum Engineer?
Friday, July 14, 2017 Rigzone speaks with the chair of the petroleum department at the University of Houston about what qualifications are needed to become a petroleum engineer.

Suriname Signs Offshore Oil Deals with Exxon, Hess and Statoil
Friday, July 14, 2017 Suriname's state oil company Staatsolie said it signed production sharing contracts involving Exxon Mobil Corp, Hess Corp and Statoil ASA for two blocks off the coast of the South American nation.

Oil Up 1 pct, 5 pct on the Week
Friday, July 14, 2017 Oil rose 1 percent, boosted by lower U.S. stockpiles, a slight slowdown in U.S. crude production and signs of increased Chinese demand, but trading was volatile as global supply remained strong.

Oil Firm Aker BP Ups 2017 Output View, Lowers Cost Outlook
Friday, July 14, 2017 Oil firm Aker BP, the second-largest operator of oil and gas platforms off Norway, raised its 2017 output guidance and lowered its production cost outlook as it posted second-quarter earnings roughly in line.

Collecting Cash From Shale Without a Dime Spent on Drilling
Friday, July 14, 2017 America's drilling boom is making a hot commodity out of one of the stodgiest of oilfield assets, the monthly royalty check.

Commodity Weekly: Heightened Intra-OPEC Competition on Horizon
Friday, July 14, 2017 With the efficacy of OPEC-led cuts clearly in doubt, it would behoove cartel members to prioritize individual self-interest.

BLOG: New Study Pegs Women as 'Untapped Reserves' in Oil, Gas
Thursday, July 13, 2017 A report by Boston Consulting Group and World Petroleum Council examines gender balance at crucial stages of career development.

Oil Rises As Robust Chinese Demand Seen Helping Drain Glut
Thursday, July 13, 2017 Oil prices rose 1.3% after much stronger demand in China overshadowed a downbeat report by the International Energy Agency IEA.

Oil Bosses See More Pain as Price Recovery Slips to 2020
Thursday, July 13, 2017 Three years into the biggest oil downturn in a generation, industry bosses see the recovery slipping further from view.

IEA Less Confident on Oil Rebalancing as OPEC Supply Rises
Thursday, July 13, 2017 The rebalancing of global oil markets has become less certain, with OPEC production rising and little evidence that bloated stockpiles are shrinking as expected, the IEA says.

British Oil Probe Shows Value of Reading the Small Print: Gadfly
Wednesday, July 12, 2017 The risk of a probe has loomed over the transaction, unveiled in March, for months.

OPEC's First 2018 Outlook Shows It's Pumping Too Much Oil
Wednesday, July 12, 2017 OPEC's first assessment of world oil markets in 2018 showed that, despite cutting output, the group is still pumping too much crude.

Oil Lingers Near $45 as US Supply Draw Meets Tepid Reaction
Wednesday, July 12, 2017 America's biggest crude stockpile draw since September wasn't enough to get oil markets excited as booming output from shale plays to Libya remain a concern.

India Wants $300 Billion in Oil Spending to Meet Growing Demand
Wednesday, July 12, 2017 India needs investments to boost the production of natural gas and crude oil, and to refine, transport and distribute the fuel to households, Oil Minister Dharmendra Pradhan said.

Facebook's Zuckerberg Drills Down Into North Dakota's Oil Patch
Wednesday, July 12, 2017 Facebook CEO Zuckerberg toured a North Dakota drilling rig and peppered industry workers with questions about automation, safety and fracking.

New Iran Commission To Oversee Total Gas Deal
Wednesday, July 12, 2017 Iran is forming a government commission to oversee its deal with France's Total to develop the South Pars gas field.

Oil Rises After European Storage Data, US Output Reduction
Tuesday, July 11, 2017 Oil prices climb more than 1 percent on Tuesay along with rising heating oil futures on reports showing forecast cuts in U.S. oil production and a decline in European product stockpiles.

US Oil Lures Fastest Growing Guzzler as Arbitrage Opens Up
Tuesday, July 11, 2017 A type of U.S. crude pumped in the Gulf of Mexico is proving to be more attractive in the fastest-growing oil market compared with Middle East staples that are on offer.

Goldman Warns of Oil Below $40 Without OPEC 'Shock and Awe'
Tuesday, July 11, 2017 OPEC needs to "shock and awe" the oil market for prices to gain, according to Goldman Sachs Group Inc.

Aramco to Spend $300 Billion as CEO Frets About Oil Supplies
Tuesday, July 11, 2017 Saudi Aramco, which plans what could be the world's biggest initial public offering, will invest more than $300 billion over the next decade to maintain its spare oil-production capacity and explore for more natural gas.

Report: Saudi Aramco's Manifa Oilfield Production Hit by Technical Issue
Tuesday, July 11, 2017 Output from Saudi Aramco's massive Manifa oilfield has been hit by a technical problem, the International Oil Daily reported.

UK SFO Opens Bribery Investigation Into Amec Foster Wheeler
Tuesday, July 11, 2017 UK prosecutors opened an investigation into Amec Foster Wheeler over possible bribery and corruption linked to its use of third parties, though the company reassured shareholders it was "not expected" to affect its $2.2B takeover by Wood Group Plc.

Total Starts Work at Biggest Qatari Oil Field to Maintain Output
Tuesday, July 11, 2017 Total SA will start work soon on Qatar's biggest oil field and is willing to make more investments in the country, which faces a trade boycott led by fellow OPEC producer Saudi Arabia.

Oil Fields Pumping a Third of Supply Die Fastest in 24 Years
Monday, July 10, 2017 The tussle for supremacy between OPEC and U.S. shale drillers is killing off older oil fields at the fastest pace in almost a quarter century. That could hurt the industry once the current glut has faded.

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Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
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