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Douglas-Westwood: 'Brazil - In Deep Trouble'
Monday, July 06, 2015 Dougals-Westwood comments on "Brazil - In Deep Trouble" in its latest edition.

Soaring Gas Use Lifts Demand for Regas Infrastructure in Southeast Asia
Monday, July 06, 2015 Rising gas needs encourage Southeast Asia countries to boost development of regasification facilities to supplement production from aged fields in the region.

Norway Baffles Analysts by Ceding 15 Million Barrels of Oil
Monday, July 06, 2015 The move to cut Det Norske's stake was surprising since it could have approved the initial deal, said Kjetil Bakken, an analyst at Carnegie.

Supercomputing Needs in Oil, Gas Industry to Keep Growing
Monday, July 06, 2015 The oil and gas industry continues to ramp up its supercomputing capabilities as it explores for oil and gas in complex frontier basins and seeks to enhance production recovery.

Is Joint Development an Option as Tensions Mount in South China Sea?
Friday, July 03, 2015 As China's land reclamation activities in the South China Sea aggravate tensions, joint resource development has been mooted to cool rising temperatures in the regional territorial spat.

Kinetic Mesh Offers Stable Wireless Network in Changing Environments
Friday, July 03, 2015 Kinetic mesh technology can create a "living" private wireless communication network, an official with Rajant Corporation tells Rigzone.

Oil Drops on Rising U.S. Rig Count
Friday, July 03, 2015 Oil prices fall as a rising US rig count stokes fears of global oversupply.

Rise of Crude-by-Rail May Best Be Viewed in the Rearview Mirror
Friday, July 03, 2015 Permitting woes plague Canadian railroads, which may give pipelines time to catch up to crude production.

Oil Oversupply Meets Rising Demand in Quietest Market Since 2013
Friday, July 03, 2015 The sleepiest oil market since 2013 will probably limp through the second half of the year as well.

Gulf Marine Services Expands Fleet
Thursday, July 02, 2015 Although offshore support solutions for the oil, gas and renewable energy industries might be seen as a very niche business, one company in the UAE has made this space all its own.

Russian Daily Oil Production Stays at Post-Soviet High in June
Thursday, July 02, 2015 Russian oil output remains at a post-Soviet high of 10.7 million barrels per day for the fourth month in a row.

Shale Drillers Lose Most-Precious Asset - the $90 Hedge
Thursday, July 02, 2015 The insurance that producers bought before the collapse in oil - much of which guaranteed minimum prices of $90 a barrel or more - is expiring.

Baker Hughes: US Oil Rig Count Rises For First Time Since December
Thursday, July 02, 2015 US oil drilling this week increases for the first time after 29 weeks of declines, data show.

Rig Trends: Eastern Canada Rig Market Changing
Thursday, July 02, 2015 With operations moving into deeper waters and more harsh environments, the list of suitable rigs for Eastern Canada is shrinking.

Bankruptcy and More Layoffs Could Threaten Industry Even After Downturn
Wednesday, July 01, 2015 Experts consider the long-term toil that bankruptcy and the inevitable layoffs take on the oil and gas industry.

Kemp: Oil Prices Settle Into New Equilibrium
Wednesday, July 01, 2015 Benchmark crude oil prices have barely moved for more than two months, implying the market has found a temporary equilibrium after the enormous price shock in the second half of 2014 and early 2015.

Iran Faces Slow Road Back to Oil Market Even With Nuclear Deal
Wednesday, July 01, 2015 As Iran nears a deal to ease oil sanctions after almost two years of talks, selling more crude remains a long way off.

Algeria's 1Q Oil, Gas Output Down 6%, Investment Up
Wednesday, July 01, 2015 Algeria's oil and gas output fell by six percent during the first quarter of 2015 in spite of an increase in investment.

Top Social Media Dos and Don'ts When Looking for a Job
Wednesday, July 01, 2015 Rigzone shares best practices for job candidates on maintaining their social media channels while seeking employment.

Rig Rout Puts Smaller Drillers in Front as Oil Majors Scale Back
Tuesday, June 30, 2015 Crude oil's plunge is leaving drilling rigs idle from Africa to Latin America as the world's biggest energy companies curtail spending and stall projects.

Lessons from ATP Bankruptcy There for Those Who Listen
Tuesday, June 30, 2015 Oil and gas transactions lawyers share ways to remain solvent during tough economic times.

EU Offshore Safety Regulations: Guidance on New Rules
Tuesday, June 30, 2015 With new EU offshore safety regulations due to come into force July 19, Rigzone offers tips and guidance for companies on how to deal with the new rules.

On The Brink: Upstream Companies Increasingly Vulnerable To Collapse
Monday, June 29, 2015 Extended period of downturn in oil prices stretches energy finances to the point only the strongest may survive.

Baker Hughes: US Weekly Oil Rig Count Decline Slows
Friday, June 26, 2015 Energy firms report the smallest drop in 5 weeks, a sign the collapse in drilling is coming to an end as crude prices recover after falling 60% from last June to March.

A $500 Billion Maybe: Why Big Iran Moment May Be Years Away
Friday, June 26, 2015 For every investor who sees opportunity in a post-sanctions Iran, there are others who see the same old legal morass.

Survey: Oil Prices Expected to Go Lower for Longer
Friday, June 26, 2015 Oil's new normal may be $60 per barrel, but investors are concerned prices could go lower for a longer period of time than previously expected.

Offshore Ireland Still Makes Sense in a Low Oil Price World
Thursday, June 25, 2015 A low tax regime for oil and gas explorers means that fields offshore Ireland that would be uneconomic if they were in UK waters remain viable.

Norwegian Production Figures Hit Lowest Point since September 2014
Wednesday, June 24, 2015 The Norwegian Petroleum Directorate's preliminary production figures for May 2015 reveal that average daily production of oil, NGL and condensate hit its lowest point last month since September 2014.

Germany's E.ON Puts North Sea, Algeria Assets on the Block
Tuesday, June 23, 2015 German utility E.ON wants to sell its North Sea and Algerian oil and gas assets, according to several banking sources, and hopes to raise around $2 billion as it restructures.

The Future of Ice Gas
Tuesday, June 23, 2015 Rigzone takes a look at what the future holds for exploiting the potential gas resource of methane hydrate, aka ice gas, particularly focusing on developments offshore Japan, the Arctic and New Zealand.

North Dakota's Oil Rig Count Appears To Have Hit Bottom
Tuesday, June 23, 2015 The drilling rig count in North Dakota's oil patch, a closely watched metric through which many attempt to divine future crude production, appears to have hit a bottom.

Siberian Oil Deal Sees BP Bet on Russia's Pivot Toward China
Monday, June 22, 2015 BP's $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia.

Sound Savings & Investment Advice for Offshore Oil, Gas Workers
Monday, June 22, 2015 Financial expert Rashonner Lillie offers saving and investment advice to offshore oil and gas workers.

Indonesia Seeks Regulatory Overhaul to Mitigate Energy Shortfall
Monday, June 22, 2015 Indonesia's petroleum sector is at a crossroad as the government has yet to pass a revised oil and gas law to provide greater certainty for the industry.

Seplat Chairman: Nigeria's Buhari Should Sell Stakes In Oil, Gas JVs
Monday, June 22, 2015 Nigeria's new government should sell its stakes in joint ventures in the country's energy industry, the chairman of Seplat Petroleum says.

Petrobras CEO Is Shutting Up Critics But Big Challenges Remain
Friday, June 19, 2015 For Petrobras investors battered by years of mismanagement, a new CEO went from villain to hero in a matter of weeks. The critical question now: Can he keep his reformist streak going -- and with it a strong rally in Petrobras shares?

Greater Collaboration behind Investment in GE's Mebane, N.C. Plant
Friday, June 19, 2015 GE enhances North Carolina facility to enhance customer collaboration and accelerate product development and manufacturing of large industrial products.

Saudi Arabia Pumps Oil Flat Out in Citi, Goldman's New Oil Order
Friday, June 19, 2015 Not content with the blow it's dealt to US oil drillers, Saudi Arabia is set to escalate the battle for market share by raising production to maximum levels.

Shale Fallout Torments Nigeria as Flagship Oil at Decade-Low
Friday, June 19, 2015 The shale boom that's reduced US dependence on overseas crude is reverberating in Nigeria as Africa's biggest oil producer cuts the pricing for its flagship grade to the lowest in a decade.

Oil-Sands Megaproject Era Wanes as Suncor to Imperial Scale Down
Thursday, June 18, 2015 Canadian oil-sands spending is poised to drop 30% to $19B this year while total oil production will be 17% lower by 2030 compared with last year's estimates.

Upstream M&A Deal Values Continue To Slip
Thursday, June 18, 2015 GlobalData figures show mergers and acquisitions activity is still reined in by low oil prices and depressed market.

S. Korea Companies Proceed at Different Pace in Securing Upstream Assets
Thursday, June 18, 2015 South Korean firms remain focused on enhancing energy security through upstream acquisitions overseas but progress on this front hinges on individual company's current priorities.

Cowen & Co: Small, Mid-Cap E&P Companies to See $16B Funding Gap in 2016
Wednesday, June 17, 2015 Cowen & Co analysts say that small to mid-cap exploration and production firms in the US will see a gap of $16 billion between spending estimates and projected cash flows for 2016.

Could Crowdfunding Become New Way to Finance Oil, Gas Activity?
Wednesday, June 17, 2015 Rigzone looks into whether crowdfunding could play a major role in financing oil and gas projects.

Mid-Year Survey Projects Much Improved E&P Spending Outlook in 2016
Wednesday, June 17, 2015 Rising global oil prices could spur E&P spending growth by the global oil and gas industry in 2016, according to a recent mid-year survey.

CEO: Russia's Rosneft to Maintain Hydrocarbon Output in 2015-2017
Wednesday, June 17, 2015 Russia's Rosneft plans to keep its hydrocarbon production stable between 2015 and 2017, according to the firm's CEO.

Report: Canada Could Lose 185,000 Oil, Gas Jobs in 2015
Tuesday, June 16, 2015 A study finds that Canada may lose 185,000 oil and gas jobs in 2015 due to falling commodity prices.

Low Oil Price Hits $200 Billion In Mega-Projects
Tuesday, June 16, 2015 Deepwater oil projects and complex gas facilities worth around $200B have been canceled or put on hold worldwide in recent months, consultancy Ernst and Young says.

Kemp: North Dakota's Oil Production Has Peaked
Tuesday, June 16, 2015 North Dakota's crude oil output peaks, according to the latest data published by the US state's government.

Musings: Weekly Oil Data Confusing, But Optimism High About Prices
Tuesday, June 16, 2015 While the decline in the drilling rig count continues, the puzzling issue is the continued increase in domestic oil output, G. Allen Brooks says.

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