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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.

Nigeria Could Hit 2.2 Million Bpd Oil Output By End Of June
Wednesday, May 24, 2017 The worst disruptions in Nigeria's oil-producing Delta region are over, and production could reach 2.2 million barrels per day by the end of June.

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.

Norway Oil Ministry Says Has No Plan To Cut Oil Output
Tuesday, May 23, 2017 Norway has no plans to cut its oil output, the country's oil and energy ministry says.

China Says Will Eventually Allow Private Companies To Invest In Oil Storage
Monday, May 22, 2017 China will eventually allow private companies to invest in the country's oil and gas storage, the government said in a blueprint document for its energy sector.

Iran Has Potential To Increase Oil Production By 3 MMbpd
Monday, May 22, 2017 Iran has the potential to increase oil production by 3 million barrels per day, according to an Iranian oil official.

Huntsman-Clariant Is a Good Mix With a Governance Risk: Gadfly
Monday, May 22, 2017 The stars have aligned for another big transatlantic chemical deal.

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.

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.

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.

Norwegian Production Drops Month-on-Month
Friday, May 19, 2017 Production on the Norwegian Continental Shelf decline month-on-month in April, according to preliminary figures from the Norwegian Petroleum Directorate.

Russia's Gazprom Says May Raise 2017 Gas Output Forecast
Friday, May 19, 2017 Russian gas giant Gazprom says it may increase its gas production forecast due to robust demand.

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.

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.

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.

Midstream Gains $1.9 Billion on Gas in the Mighty Marcellus, Utica
Wednesday, May 17, 2017 Northeast Pennsylvania pipeline expansion will distribute $1.9 billion in adjusted earnings almost in the middle between gathering systems and long-haul transportation, according to East Daley Capital report.

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.

Coal to Be India's Energy Mainstay for Next 30 Years: Policy Paper
Tuesday, May 16, 2017 India aims to generate 175 gigawatts of electricity through renewables by 2022 and boost natural gas to 15 percent of its energy needs, from 6.5 percent currently.

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.

Global Oil Market Rebalancing Speeds Up, Belied By Inventories
Tuesday, May 16, 2017 The global oil market is rebalancing and the pace at which supply and demand are falling into line is picking up.

Japan Oil Firms Lift Annual Spending On Refineries, Cut Exploration
Monday, May 15, 2017 Some Japanese oil companies have raised their capital investment plans for the year, while others have focused on cutting spending on exploration and production.

Gas Export Boom Loser May Win From Australia Supply Crunch
Monday, May 15, 2017 The decision by the Shell-PetroChina JV Arrow Energy to scrap a A$20 billion project to ship Arrow's fuel overseas as LNG looks like a blessing in disguise.

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.

Kemp: India's Gasoline Boom Stalls
Friday, May 12, 2017 India's gasoline consumption has flattened out in recent months after tremendous growth between 2014 and 2016.

Japan's Inpex Sees Minimal Cost Overrun On Ichthys LNG Project
Friday, May 12, 2017 Inpex Corp sees minimal cost overruns on its Ichthys liquefied natural gas (LNG) export plant in Australia because of a start-up delay, a senior executive says.

With Mercedes Exit, U.S. Diesel Car Market Shrinks Even More
Friday, May 12, 2017 "Diesel's future has been relegated back to what it was about 20 years ago -- an engine choice for pickup trucks," said Dave Sullivan, an industry analyst with consultancy AutoPacific Inc.

BASF Sees Role Of Oil And Gas Unit Declining Further
Friday, May 12, 2017 BASF says its oil and gas division will play an even smaller role for group earnings as BASF's focus would lie on boosting profitability.

Wooing Investors After Elliott, BHP Boss To Play Up Shale
Friday, May 12, 2017 BHP Billiton Chief Executive Andrew Mackenzie will tell investors in Barcelona next week that the top global miner can pump more for less out of its unloved shale assets.

US Shale's Favorite Financial Trick Is Getting Less Attractive
Friday, May 12, 2017 US drillers have dramatically reduced their hedging activity, a move that could portend a break in the production gains that have upended global crude prices.

Oil, Gas Industry Responds to the Gender Gap
Thursday, May 11, 2017 A new initiative by GE aims to employ 20,000 women in STEM roles by 2020.

Noble Group Reports Big Loss, Founder Elman Steps Down As Exec Chairman
Thursday, May 11, 2017 Noble Group Ltd reports a quarterly loss that pummelled its shares by as much as 33%.

Global Oil Industry on Brink of 'War on Talent'
Thursday, May 11, 2017 The global oil and gas industry is on the brink of a dangerous 'war on talent', says millennials expert Ryan Jenkins.

Vitol Executive Says Oil Market Not Seeing Expected Destocking
Thursday, May 11, 2017 The oil market has not seen the destocking that it expected for the first half of 2017, Vitol executive committee member Chris Bake says.

UKOOG: Over 3,000 Jobs Could Be Created by Scottish Shale Gas Industry
Thursday, May 11, 2017 UK onshore industry body, UKOOG, reveals that over 3,000 Scottish jobs could be created as a result of shale gas exploitation in the country.

Wood Group Expects Amec Deal to Close in 2H 2017
Thursday, May 11, 2017 Wood Group confirms that its acquisition of rival Amec Foster Wheeler is expected to close in the second half of this year.

German Chemicals Industry Sees Higher 2017 Growth on Price Hikes
Wednesday, May 10, 2017 Industry sales would likely increase 3.5 percent this year, up from a March estimate of a 1.5 percent, the VCI lobby group said in a statement.

All Washed Up? Shale Oil and Gas Drowns Out US Gulf of Mexico Shallows
Wednesday, May 10, 2017 More than 10,000 jobs in the US Gulf of Mexico may be lost, never to return, as shallow water drilling lands in the doldrums where experts say it will remain.

Scotland's Oil, Gas Sector Emerging From Downturn
Wednesday, May 10, 2017 Scotland's oil and gas sector is emerging from the downturn, with people getting back into work and businesses growing in confidence, says SNP Deputy Leader Angus Robertson.

UK Oil Workers Browsing Transferable Sectors Suffer Severe Discrimination
Tuesday, May 09, 2017 A significant number of oil workers feel they have been discriminated against by other sectors.

BLOG: It's Hard to Shake Memories of 1980s, 1990s Downturns
Tuesday, May 09, 2017 Some Rigzone readers express strong views about projected hiring uptick.

Cleaner Fuel Hoard Seen Rising as Nations Grapple With Pollution
Tuesday, May 09, 2017 The amount of clean fuel that's stored across the globe is set to increase as governments tackle pollution, according to the biggest independent storage-tank operator in the world.

EOG's Appliance of Science Creates a Challenge for OPEC: Gadfly
Tuesday, May 09, 2017 Unlike geology, technology has a way of migrating quite quickly.

Natural Gas Exports Can Solve U.S. Energy Glut
Monday, May 08, 2017 Despite a glut of natural gas, demand is rising -- mainly in the power-generation sector, but also for pipeline exports to Mexico and the huge ongoing switch away from coal-fired generation to gas-for-power.

New Investment Crucial to Keep Deepwater US GOM Production Afloat
Monday, May 08, 2017 Deepwater US Gulf of Mexico oil production is making a splash now, but without an increased - and significant - infusion of cash, volumes may dry up, experts say.

Hedge Funds Bail Just Before OPEC-Driven Oil Rally Vanishes
Monday, May 08, 2017 Before WTI crude nosedived on Thursday, money managers slashed bets on rising prices by 20%, according to US Commodity Futures Trading Commission data.

MPRC Exec: Asia Good Place for Downstream Workers
Friday, May 05, 2017 Asia is a good place to go for downstream oil and gas professionals, according to MPRC senior vice president.

Drop in Diesel Car Demand Could Put Brakes on Autos Finance Boom
Friday, May 05, 2017 A plunge in sales of diesel cars in Europe's two biggest markets is helping to drive down the value of used vehicles, posing a risk to the lucrative financing plans used by major automakers to sell millions of cars.

OPEC Runs Out of Options as Bid to Boost Oil Price Fizzles
Friday, May 05, 2017 OPEC's plan to boost oil prices by cutting production has fizzled, yet it has little choice but to stick with it.

World Buying American Diesel as Fast as Refiners Can Make It
Friday, May 05, 2017 The international market has a message for American refiners.

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