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Wall Street Rises, Dollar Falls on Fed Minutes; Oil Retreats
Wednesday, May 24, 2017 Oil prices were lower after the Energy Information Administration said U.S. crude oil inventories fell for the seventh straight week.

Trump's Bid to Sell US Reserve Oil Could Offset OPEC Cuts
Wednesday, May 24, 2017 President Donald Trump has proposed selling off more than half of the US emergency oil stockpile, potentially putting more crude on the global market, even as OPEC works to prop up prices.

Hundreds of Dong Energy Workers to Transfer to Ineos Following Acquisition
Wednesday, May 24, 2017 Over 400 Dong Oil & Gas Business workers will transfer to Ineos in 2017, after the latter company agreed to buy the subsidiary from Dong Energy A/S.

GE's Chief Technology Officer Says Standardization is Key to Survival
Wednesday, May 24, 2017 GE's CTO Kishore Sundararajan discusses how technology can help shape more efficient operations and develop opportunities for a new workforce.

Come Together: All Eyes On OPEC's Epic Pursuit of Oil Price Stability
Wednesday, May 24, 2017 Every drop of oil counts in the weight of crude inventory on the global price scale, as OPEC and non-OPEC nations congregate in Vienna on May 25 to consider extending production cuts.


  


Most Norwegian Oil Workers Agree Wage Deal, Mediation For Rest
Wednesday, May 24, 2017 Energy firms operating offshore Norway agree wage deals for 2017 with the 2 largest trade unions representing oil and gas workers.

Wood Group Indicates Potential Job Cut Numbers Following Amec Deal
Wednesday, May 24, 2017 John Wood Group expects an overall potential reduction of approximately 2 percent of roles across the total combined group workforce, following its acquisition of Amec Foster Wheeler.

Politics Won't Slow Mexico As It Barrels Toward Free Market Energy Economy
Wednesday, May 24, 2017 Oil and gas officials tell Mexico Gas Summit in San Antonio audience that 2018's post-election government may accelerate energy reforms intended to open the nation to more foreign investment.

Kuwait Says OPEC To Discuss 6-, 9-Month Output Cut Extensions
Tuesday, May 23, 2017 Kuwait's oil minister says global oil producers will discuss whether to extend output cuts for 6 months or 9 months, because not all were on board for 9.

Oil Settles Up Slightly On View OPEC Will Extend Output Cuts
Tuesday, May 23, 2017 Oil prices settled a bit higher as expectations of an extension to OPEC-led supply cuts overshadowed a White House proposal to sell half of US petroleum reserves.

BLOG: Rigzone's Downstream Coverage Starts New Chapter
Tuesday, May 23, 2017 A new chapter begins for Rigzone's downstream coverage.

BP Urges Engineers to Apply for Trinidad & Tobago Graduate Program
Tuesday, May 23, 2017 BP takes to Twitter to call on engineers to apply for graduate program.

CGG to Support Oman Industry Workers to 2021 with New Deal
Tuesday, May 23, 2017 Oilfield services company CGG will be able to provide support to local industry workers from its dedicated processing center (DPC) in Muscat, Oman, until 2021, following a contract extension.

Schlumberger Signs MoU with Saudi Aramco, Includes Job Creation Opps
Monday, May 22, 2017 Schlumberger signs MoU with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap, which includes the creation of jobs and enables development opportunities for Saudis in oil and gas.

Riyadh Dances With Trump But Goes Home With Putin to Prop Up Oil
Monday, May 22, 2017 When it comes to propping up global oil prices, Saudi Arabia and Russia have never been more aligned.

Iraq Paves Way for OPEC Deal With Support for 9 More Months
Monday, May 22, 2017 Iraq backed a proposal from Saudi Arabia and Russia to extend output cuts for nine months.

Sentinel Marine Takes Delivery of New ERRV, to Create 24 New Jobs
Monday, May 22, 2017 New jobs to be created for Sentinel Marine following delivery of new ERRV.

Oil Rises To Month-High With Output Cut Extension Expected
Monday, May 22, 2017 Oil prices rose as growing confidence that top exporters would agree to extend supply curbs this week and speculation that the cuts could be deepened.

Oil At One-Month High, Supply-Cut Extension Expected
Friday, May 19, 2017 Oil prices rose on Friday, closing out a second week of gains.

UK Operators Must Take Time to Invest in Decommissioning Training
Friday, May 19, 2017 It is important that oil and gas operators in the UK take the time to invest in decommissioning training and expertise, Andrew Greenwood, Airswift Europe and Africa recruitment director, says.

Canada's Permian of the North Roused by Cheap Gas Drilling
Friday, May 19, 2017 Drilling rigs and roughnecks are hot commodities once again across the Montney shale formation and companies are having a hard time keeping up with demand.

Australian Government Looks to Avert Gas Crisis
Friday, May 19, 2017 Australian Federal Resources Minister Matt Canavan was at pains to emphasize that the controversial 'Domestic Gas Security Mechanism' would only be triggered as a last resort.

BP Staff Raise Money for 4 Charities with 250 Mile Cycle
Friday, May 19, 2017 Around 60 current and former members of BP plc will set off on a 250 mile, 3-day cycle on May 21, in an effort to raise money for 4 separate charities.

Baker Hughes: US Drillers Add Oil Rigs For 18th Week In A Row
Friday, May 19, 2017 US energy companies added oil rigs for an 18th week in a row, the second-longest such streak on record.

Oil Rises, Increased Cut Cooperation Ahead Of OPEC Meeting
Thursday, May 18, 2017 Oil prices settled higher, as key producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.

The Right Downstream Role for You: A Recruiter's Perspective
Thursday, May 18, 2017 Houston-based recruitment pro offers insights on various downstream career paths and why it's a "hugely exciting" time to join the industry.

Halliburton's Incoming CEO Sees Price Hike Above 10%
Thursday, May 18, 2017 Halliburton expects to raise prices more than 10% this year.

Noble Energy To Sell 50% Stake In Cone Gathering
Thursday, May 18, 2017 Noble Energy says it will sell its 50% stake in privately-held Cone Gathering LLC to Quantum Energy Partners for $765 million in cash.

Op-Ed: With Saudi Aramco IPO Looming, Of Course OPEC Will Extend Oil Quotas
Thursday, May 18, 2017 Markets yawn as Russia, Saudi Arabia envoys tease extending crude oil production quotas into 2018.

BLOG: Job-Hopping Traders May Weigh Down Oil, Gas Prices
Wednesday, May 17, 2017 Market optimism gives commodity traders incentive to shuffle between jobs in search of better pay, more flexibility, but that freedom may come at a cost to oil and gas price points.

Oil Rises On US Inventory Draw As OPEC Beckons
Wednesday, May 17, 2017 Oil prices settled at a two-week high after US crude inventories declined for the sixth straight week.

Culzean Contract to Support up to 150 Aberdeen Jobs for Semco Maritime
Wednesday, May 17, 2017 Semco Maritime has been chosen by Maersk Oil UK to participate in the installation and preparation (hook-up) of the Culzean field, in a development which will support up to 150 jobs in Aberdeen.

Which Downstream Career Path Fits You?
Wednesday, May 17, 2017 Rigzone highlights some downstream career paths based on work environment and level of interaction with others.

Labour Party Pledges to Safeguard Offshore Oil Industry Jobs
Tuesday, May 16, 2017 The UK Labour party pledges to safeguard the offshore oil and gas industry and ban fracking in its 2017 manifesto.

Unite Urges Members to Vote Yes for Strike Action in OCA Pay Dispute
Tuesday, May 16, 2017 UK union Unite is urging its members to vote yes for strike action, and action short of striking, in a continued dispute with the Offshore Contractors Association over pay.

Shale Play 'Left for Dead' Gets Some Love as US Gas Rises
Tuesday, May 16, 2017 A natural gas basin that helped kickstart the shale boom a decade ago is getting a new lease on life as the market recovers.

Nigerian Oil Workers Extend ExxonMobil Strike To Chevron, Agip And Shell
Tuesday, May 16, 2017 Nigerian workers from an oil labor union have extended a strike to oil majors Chevron, Shell and Eni subsidiary Agip in protest over the sacking of members from Exxon Mobil Corp.

Moving the Oil, Gas Industry Forward in a Digital Age
Tuesday, May 16, 2017 Leaders from Lloyd's Register discuss the constant evolution of oil and gas technologies and how it will shape the worker of the future.

Oil Rally Stalls as Market Awaits Signs US Supply Glut Easing
Tuesday, May 16, 2017 Oil investors are taking a break as they await further signs that US oil inventories are falling.

Oil Rises 2 pct after Saudi and Russia Back Longer Supply Cut
Monday, May 15, 2017 Oil jumps 2 percent to its highest in more than three weeks, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018.

Scottish University's Petroleum Engineering Course Gets Funding Boost
Monday, May 15, 2017 A major funding package for the Institute of Petroleum Engineering (IPE) at Scotland's Heriot-Watt University will directly support the UK offshore industry.

Report: Oil To Hit $60 Max in 2017
Monday, May 15, 2017 There is clear consensus that oil prices will be in the $50-60 per barrel range this year, and within the $60-80 per barrel range in 2020, according to a new survey from Wood Mackenzie.

70 Jobs Secured With New Centrica North Sea Well
Monday, May 15, 2017 Seventy offshore jobs have been secured after Centrica reveals it will drill a new well at the Chestnut field off Aberdeen.

Saudi Arabia, Russia Push to Extend Oil Output Cut until March 2018
Monday, May 15, 2017 Saudi Arabia's energy minister and his Russian counterpart pledged to "do whatever it takes" to reduce the crude inventory overhang.

Oil Rally Fizzles as Focus Shifts to Output OPEC Can't Control
Friday, May 12, 2017 Oil's rebound ran out of steam as investors focus on all the production that OPEC can do nothing about.

In Fight Against US Shale Oil, OPEC Risks Lower for Longer
Friday, May 12, 2017 In their battle to revive the global oil market, OPEC and its allies are digging in for a long war of attrition against shale.

How Can Oil, Gas Firms Manage Talent Better?
Friday, May 12, 2017 Executive coaches discuss how oil and gas employers can regain trust of displaced talent.

Bowleven to Cut Staff in Bid to Reduce Costs
Friday, May 12, 2017 Bowleven plc will be reducing staff numbers in a bid to cut costs.

US Oil Firm Cobalt Files For Arbitration Against Angola For $2B
Friday, May 12, 2017 Cobalt said it had filed requests for arbitration seeking more than $2B from Sonangol after the two failed to reach an agreement on license deadline extensions.

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