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How to Combat Oil, Gas Relocation Challenges
Wednesday, March 29, 2017 Rigzone explores the role both employers and employees play in combatting challenges associated with relocations.

Norway Says Its Greenhouse Emissions to Fall to 1990 Levels by 2020
Wednesday, March 29, 2017 Norway's greenhouse gas emissions will fall to around 1990 levels by 2020, the government says, far from original goals of deep cuts for an economy struggling with high emissions from oil and gas.

More Offshore Drilling Firms Likely to Face Similar Situation to Ocean Rig
Wednesday, March 29, 2017 Many offshore drilling companies are facing a similar situation to Ocean Rig, which filed for Chapter 15 bankruptcy protection in the US Tuesday, and it is likely that more will follow suit.

OPEC Compliance With Oil Curbs Rises in March as UAE Joins Cut
Wednesday, March 29, 2017 OPEC oil output is likely to fall for a third straight month in March, a Reuters survey finds, as the UAE trims supplies while maintenance and unrest cut production in exempt nations Nigeria and Libya.

Oil Rises 2% Off Strong EIA Data
Wednesday, March 29, 2017 Oil rose Wednesday morning after the EIA reports significant drawdowns in product inventories for the week ending March 24.


  


Gazprom Germania To Cut Jobs In Restructuring Move
Wednesday, March 29, 2017 Gazprom Germania, the Berlin-based subsidiary of Russian gas giant Gazprom, will reduce its staff in Germany as it restructures operations, Gazprom officials say.

Exxon Dealt a Blow as Texas Judge Sends Climate Suit to NY
Wednesday, March 29, 2017 Exxon Mobil's attempt to derail a multistate fraud probe into whether the company fully disclosed to investors the financial risks of climate change was dealt a major blow after a Texas judge moved the case to a federal court in Manhattan.

Russia Can Wait for $70 Oil Before Re-Entering Arctic Waters
Wednesday, March 29, 2017 Russia can wait for a sustained recovery in oil prices before drilling again in Arctic waters, relying for now on less costly regions.

Eco-Friendly Tech Not Vital for Students But Critical for Oil Sector Future
Wednesday, March 29, 2017 The adoption of more environmentally friendly technology won't attract more students into the oil and gas industry, but companies in the sector need to implement it to secure their future.

BLOG: Brexit Likely to Have Direct Impact on UK Oil, Gas Industry
Tuesday, March 28, 2017 Brexit is likely to affect the UK oil and gas sector, says professor at Robert Gordon University.

Billionaire Pipemaker Rocca Touts Jobs in Trump's America
Tuesday, March 28, 2017 President Donald Trump's "America First" approach to energy doesn't scare Paolo Rocca.

Fading Oil Industry Brings Economic Uncertainty In Gabon
Tuesday, March 28, 2017 President Ali Bongo is facing strong opposition, including a spate of strikes by oil workers demanding better pay and new contracts.

Oil Jumps On Libyan Disruption, OPEC Deal Extension Hopes
Tuesday, March 28, 2017 Oil prices rose as much as 2 percent after a severe disruption to Libyan oil supplies.

Saudi Arabia's Tax Cuts Boost Aramco Value By $1 Trillion
Tuesday, March 28, 2017 Saudi Aramco CEO Amin Nasser says slashing the tax rate for the petroleum industry from 85 to 50% brings the company in line with international benchmarks.

Russia Plans $113 Billion Total Spend on Dozens of Oil, Gas Projects
Tuesday, March 28, 2017 The former Soviet Union nation intends to spend $43 billion by 2025 to launch 29 oil and gas projects, according to GlobalData's research.

Right Fiscal Regime Needed for Hurricane Discovery to Create Jobs
Tuesday, March 28, 2017 The right fiscal regime needs to be in place for new discoveries, like Hurricane Energy plc's 'significant' find, to create jobs.

Trump Signs Order Sweeping Away Obama-Era Climate Policies
Tuesday, March 28, 2017 US President Donald Trump signs an executive order to undo a slew of Obama-era climate change regulations that his administration says is hobbling oil drillers and coal miners.

Oil Falls as Traders Shrug Off OPEC-Led Pledge to Mull Extension
Monday, March 27, 2017 Oil fall as a pledge by OPEC-led producers to consider extending their output-cut deal failed to excite traders concerned that more time is needed to trim global stockpiles.

GLA is 'Single Accumulation', Largest Undeveloped UKCS Find
Monday, March 27, 2017 Hurricane Energy plc believes the Greater Lancaster Area is a single hydrocarbon accumulation, making it the largest undeveloped discovery on the UK Continental Shelf.

Kemp: Hedge Funds Unwind Record Bullish Position In Oil
Monday, March 27, 2017 Hedge funds have unwound much of the concentration of bullish positions that contributed to a fall in oil prices this month, suggesting a broader range of views about where prices go next.

Native Americans To Meet Norway's Wealth Fund Watchdog Over Pipeline
Monday, March 27, 2017 Standing Rock Sioux tribe representatives will meet the ethics watchdog for Norway's $915 billion sovereign wealth fund over a U.S. oil pipeline.

Unite Calls for Safety Transparency After Worker Radiation Exposure Claims
Monday, March 27, 2017 Unite calls for 'openness and transparency' on safety incidents offshore, after a group of workers were reported to have been exposed to radiation on the Thistle platform.

Oil Rises In Late Trade, Still Down On The Week As Glut Weighs
Friday, March 24, 2017 Oil rose modestly in a spate of late-day activity, but fell on the week as concerns persisted over an excess of crude.

UK's Lamprell Sees Tough Year Ahead, Recovery Only In 2018
Friday, March 24, 2017 Oil rig builder Lamprell Plc lowers its revenue forecast for this year and says it expects to start seeing a recovery in activity only in 2018.

Industry Pros Gather for Offshore Achievement Awards
Friday, March 24, 2017 Almost 500 industry professionals gather in Scotland to celebrate innovation, collaboration and performance in the UK offshore energy sector at the SPE Aberdeen Offshore Achievement Awards.

December North Dakota Crude Spill Larger Than Initially Estimated
Friday, March 24, 2017 A crude oil spill in western North Dakota in December is now believed to be about three times bigger than originally estimated, pipeline owner True Companies says.

Shell to Sell Gabon Onshore Assets for $587MM, 430 Staff to be Transferred
Friday, March 24, 2017 Royal Dutch Shell plc reaches an agreement with Assala Energy Holdings Ltd. to sell 100% of its Gabon onshore interests for $587 million.

America's Nuclear Sector Braces for More Closures
Friday, March 24, 2017 S&P Global Ratings' Michael Ferguson outlines the reasons behind nuclear's decline and the industry's likely direction.

Statoil Exec: Effective Leaders Should Empower People and Machines
Friday, March 24, 2017 Statoil's Jim Claunch shares his insight and advice on what will make effective oil and gas leaders during a time of rapidly advancing technology.

BLOG: Decisions, Decisions - Will OPEC/NOPEC Extend Oil Cuts?
Thursday, March 23, 2017 As OPEC and non-OPEC members convene this weekend to weigh progress, member-state self-preservation likely to enable market intervention keeping crude oil cuts in place for another six months.

UK Minister Brands Oil Worker Discrimination as Misguided
Thursday, March 23, 2017 A UK Minister has described instances of discrimination against oil and gas workers by potential employers as a 'misguided' approach.

Oil Majors Plunge Into Industry That May Hurt Fossil Fuel
Thursday, March 23, 2017 Big oil is starting to challenge the biggest utilities in the race to erect wind turbines at sea.

Oil Slips, Inventories Curb Recovery From Four-Month Lows
Thursday, March 23, 2017 Oil prices dipped, struggling to recover from four-month lows.

HeliOffshore Deems North Sea Helicopter Operations Safe
Thursday, March 23, 2017 HeliOffshore confirms the safety of North Sea helicopter operations following a number of helicopter incidents in the region last year.

Report: Hiring Managers See Salaries Stagnating or Decreasing in 2017
Thursday, March 23, 2017 The majority of hiring managers in oil and gas see salaries as either remaining stagnant or decreasing within the next 12 months, according to the first Global Energy Talent Index (GETI).

Politico: US State Dept To Approve Keystone Pipeline Permit
Thursday, March 23, 2017 The US State Department will approve by Monday the permit needed to proceed with construction of the Keystone XL oil pipeline, according to Politico.

India Eases Rules For Old Oil, Gas Blocks; To Unlock $21B Reserves
Wednesday, March 22, 2017 India approves a policy allowing extra time to contractors of old blocks to unlock oil and gas reserves of more than 426 million barrels.

Oil, Gas Workers Rally in WV to Support Jobs
Wednesday, March 22, 2017 Hundreds of oil and gas workers and supporters rally at West Virginia's State Capitol to support jobs, news agencies in the US report.

Oil Falls on Yet Another US Crude Build
Wednesday, March 22, 2017 Both the US and global benchmarks slipped over 80 cents off newsflow that US crude inventories had risen by 5 million barrels for the week ending March 17.

Enbridge Cutting 1,000 Jobs in US and Canada
Wednesday, March 22, 2017 Following the closing of its acquisition of Spectra Energy, Enbridge is trimming its workforce by 6%.

Recruiter Check-In: What's Happening in Oil, Gas
Wednesday, March 22, 2017 As we near the end of the 1Q, recruiters weigh in on what the industry's current needs are and what we will see going forward in the recruitment space.

Offshore Industry To Play 'Vital Role' in Scottish Independence Campaign
Wednesday, March 22, 2017 The offshore industry will play a vital role in a second Scottish independence referendum campaign, Wood Mackenzie says.

Analyst Sees Possible Crest for US Gasoline Demand Growth Wave
Wednesday, March 22, 2017 US gasoline demand could fall by more than 1.7 million barrels per day by 2030, according to Wood Mackenzie analyst Andrew Shepard.

WWRA: What Would A Rookie Ask?
Tuesday, March 21, 2017 Rigzone needs your help compiling a list of simple technical questions that a newcomer to the oil and gas industry might ask.

BLOG: Ask the Careers Editor Series to Launch in April
Tuesday, March 21, 2017 Rigzone launches a new initiative to answer your burning questions about employment in the oil and gas industry.

US Oil Hits Nov. Low As Fresh Glut Fears Overshadow OPEC Cut Talk
Tuesday, March 21, 2017 Oil prices fall, with US crude dropping to its lowest since November.

Acquisitions, Expansion To Boost Mammoth Frac Service Jobs By 300
Tuesday, March 21, 2017 Acquisitions and further expansion to supply own frac sand needs, Mammoth Energy will hire about 300 people to service oil and gas drilling fleets this year.

Oil Giants Upending Shale Turf Where Wildcat Drillers Once Ruled
Tuesday, March 21, 2017 ExxonMobil, Shell and Chevron are jumping into American shale with gusto, planning to spend a combined $10B this year, up from next to nothing only a few years ago.

Oil, Gas Job Recovery Much Slower Than Industry Rig Count, Spending Growth
Tuesday, March 21, 2017 Higher oil prices and a US rig count surge propel industry earnings toward recovery, but hiring is expected to lag behind, according to Moody's Investors Service.

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