Results50 articles shown
UK Oil, Gas Industry Companies More Optimistic in 2Q
Wednesday, July 29, 2015 Companies in the UK oil and gas industry are becoming more optimistic about the sector, according to Oil & Gas UK's latest Business Sentiment Index.
World's Top 3 Shipbuilders Post Record Loss on Deep-Sea Failures
Wednesday, July 29, 2015 The world's three biggest shipbuilders posted a combined $4.1B in operating losses in the second quarter, paying the price for a failed foray into deep-sea oil rigs.
How Pipelines Saved America's Biggest Oil Basin From Shale Bust
Wednesday, July 29, 2015 To understand why US oil production is so resilient, it helps to consider the maze of pipelines running out of Midland, Texas.
I Just Got Laid Off ... Now What?
Tuesday, July 28, 2015 Career experts offer advice to oil and gas professionals who are looking to move their career forward after layoffs.
Douglas-Westwood Comments on the Evolution of Subsea EPC
Tuesday, July 28, 2015 Douglas-Westwood comments on the evolution of subsea enginering, procurement and construction sector.
Hercules Needs A Hero As Share Prices Sink
Tuesday, July 28, 2015 In a struggling time for many offshore companies, Hercules Offshore's plan for bankruptcy is sinking its shares prices in an especially tough trading environment.
Russia's Gazprom Gas Output Seen at All-Time Low in 2015
Tuesday, July 28, 2015 Russia's Economy Ministry expects gas production at Gazprom to decline to an all-time low due to sluggish demand and a fall in upstream investments.
Statoil CEO Sees Oil at $80 by 2018
Tuesday, July 28, 2015 Statoil CEO Eldar Saetre sees the price of oil climbing to $80 per barrel by 2018.
Goodrich Sells Chunk of Eagle Ford: More Buying Time for Rebound
Monday, July 27, 2015 Goodrich Petroleum is selling key acreage in the Eagle Ford Shale to buy some liquidity and pay off some debt. But questions remain about whether it's enough to survive commodity prices.
Wood Mac: Deep-Sea Oil Projects Make Up Most of $200B Deferrals
Monday, July 27, 2015 Oil and gas projects in deep basins account for most of the deferred investments worth more than $200 billion made due to the oil price crash, analysts say.
What Now for UK Shale Gas?
Monday, July 27, 2015 Rigzone asks UKOOG Chief Executive Ken Cronin what's next for the UK's nascent shale gas industry.
Deep-Sea Plan Fails, Leaving Korean Shipyards Struggling
Monday, July 27, 2015 The deep-ocean strategy is coming back to bite South Korean shipyards.
'New Normal' Environment Requires Closer Look at Cost-Cutting Measures
Friday, July 24, 2015 KPMG energy practice leaders discuss industry challenges amid a lower oil price environment.
After Deadly Blast, 2.7 Million Barrels of Pemex Oil Go Missing
Friday, July 24, 2015 Since a deadly blast on April 1 tore through one of Pemex's offshore platforms, the Mexican oil giant baffles industry analysts with its assessment of the damage.
Oil Rigs Left Idling Turn Caribbean Into Expensive Parking Lot
Thursday, July 23, 2015 The Gulf of Mexico and the Caribbean Sea have become a garage for deepwater drillships - at a cost of about $70,000 a day each. It's either that or send your precious rig to a scrapyard.
E&P MLPs: Upstream Without A Paddle
Thursday, July 23, 2015 Upstream MLP units are trading at epic low prices; Rigzone talks to the experts about whether these structures will sink or swim.
Slight Rebound Seen in US Onshore Production, Rig Count
Wednesday, July 22, 2015 DrillingInfo CEO Allen Gilmer talks with Rigzone about what to expect in terms of US onshore drilling and production.
Kemp: North Dakota Oil Well Completions Slow Sharply
Wednesday, July 22, 2015 No new well completion reports have been filed in North Dakota since July 10, the longest gap this year, according to daily activity records published by the state's Department of Mineral Resources (DMR).
Oil, Gas Companies Collaborate with Schools to Recruit Minorities and Women
Wednesday, July 22, 2015 Though recruitment efforts of women and minority in STEM have evolved over the years, there is still more work to be done to increase representation in industries such as oil and gas.
Oil Firms May Retain Clear-Up Costs For Hard-to-Sell N. Sea Assets
Tuesday, July 21, 2015 Oil companies trying to sell ageing North Sea oilfields are considering shouldering hundreds of millions of dollars in future dismantling costs in order to help find buyers.
The Bears and Bulls Draft a 2H Picture
Tuesday, July 21, 2015 Private energy companies are faced with the same challenges that have confronted big players in the first half of 2015; industry experts talk with Rigzone about how the rest of the year will shake out.
Oil Guru Who Called 2014 Slump Sees Return to $100 Crude by 2020
Tuesday, July 21, 2015 The oil guru who predicted last year's rout says $100-a-barrel crude is likely to return within five years as faltering supply fails to meet demand.
Wall Street Lenders Growing Impatient With US Shale Revolution
Tuesday, July 21, 2015 Wall Street has been one of the biggest allies of the shale revolution, bankrolling thousands of wells from Texas to North Dakota.
Oil Explorers Retreat From Shallow US Gulf in Shift to Shale
Monday, July 20, 2015 Energy producers are abandoning the search for oil and natural gas close to shore in the US Gulf of Mexico as drilling budgets shrink and exploration migrates to land-based shale fields.
Asia Yards Look to Liftboat Orders for Lifeline Through Drilling Downturn
Monday, July 20, 2015 Asia shipyards are filling the void in drilling orders by turning to the construction of liftboats.
Noble Takes Rosetta-and its Eagle Ford Assets-Under its Wing
Monday, July 20, 2015 With board support from both companies, Noble Energy and Rosetta Resources complete merger.
Q&A: The Oil, Gas Investment Counter Cycle
Friday, July 17, 2015 Rigzone talks to Bowleven CEO Kevin Hart about the company's counter-cyclical investment approach during the current economic downturn.
Schlumberger Remains 'Very Confident' amid Downturn
Friday, July 17, 2015 Schlumberger remains "very confident" in its capacity to weather the current downturn in oil and gas better than competitors in spite of a 12% fall in 2Q revenue.
Asian CBM Firms Proceed with Developments, Unfazed by Low Oil Prices
Friday, July 17, 2015 Some independent coalbed methane firms in Asia are proceeding with their development projects despite headwinds caused by lower oil prices.
Azeri Oil Exports Down 2.5% in 1H to 16.6M Tons
Thursday, July 16, 2015 Azerbaijan's oil exports fall 2.5 percent, driven by a decline in oil production.
The UK Offshore Sector in a $60 World: Q&A with Deirdre Michie
Thursday, July 16, 2015 Rigzone talks to Deirdre Michie, the new chief executive of Oil & Gas UK, about developing an offshore industry in the UK that is sustainable at a $60 per barrel oil price.
BHP Shale Writedown Has Some Banks Asking: Where's the Rest?
Thursday, July 16, 2015 The size of BHP's $2.8 billion writedown for its US shale assets took some banks by surprise: at least two thought it was too small.
Size Matters as Big Oil Takes Pass on Mexican Oilfield Auction
Wednesday, July 15, 2015 ExxonMobil, Chevron and Total opted out of Mexico's historic oil auction because the fields are too small.
Kemp: Iran Needs Time And Favorable Conditions To Boost Oil Output
Wednesday, July 15, 2015 Iran has big ambitions to increase oil and gas production but a substantial increase in exports is probably years away.
After Iran Deal, US Companies Face Being Left Out in Cold
Wednesday, July 15, 2015 Within hours of the announcement of an Iran nuclear deal, lawyers around Washington were fielding calls from US corporate clients eager to know what the 159-page deal would mean for their business prospects.
Analysts Outline What to Expect in Round One Bidding
Tuesday, July 14, 2015 Industry experts discuss what kind of results to expect in Mexico's Round One bidding activity and results needed for the round to be deemed a success.
Shana: Iran to Return to Oil Market with Maximum Capacity
Tuesday, July 14, 2015 Iran will return to the global oil market with maximum capacity once sanctions against the country are lifted following the country's nuclear deal with world powers, according to its oil ministry.
Iran Deal Exacerbates Norway's Oil Risks as Supply Set to Swell
Tuesday, July 14, 2015 Norway’s oil industry, already struggling after crude prices collapsed last year, is being dealt another blow as an Iranian nuclear deal promises to boost global supply.
Survey: Hiring Increases Not Expected for Australia Oil, Gas Companies
Monday, July 13, 2015 A survey of oil and gas companies in Australia reveals hiring is not expected to increase in the next 12 months.
Mexico's New Oil Era Is Here and Economic Legacy Is at Stake
Monday, July 13, 2015 Mexico's government is set to hold the first in a series of petroleum auctions that will help open the energy industry, bringing in an estimated $62.5 billion by 2018.
OPEC Sees More Balanced Oil Market In 2016
Monday, July 13, 2015 The global oil market should be more balanced next year as China and the developing world increase oil consumption while the supply of shale oil grows more slowly.
Expect China to Yearn for More US Shale
Friday, July 10, 2015 Despite slowdown in heated investment from overseas in North American oil and gas, interest still looms behind the Great Wall of China.
GE Software to Connect BP Wells to Industrial Internet
Friday, July 10, 2015 BP inks software agreement with GE to link BP wells globally with the Industrial Internet.
DNB Cuts Loan Loss Estimate as Norway Copes with Cheaper Oil
Friday, July 10, 2015 Norway's biggest bank says that Norwegian energy businesses are coping with a weaker oil price and slowing economy better than expected.
Texas Oil Production Increases 16%
Friday, July 10, 2015 While crude oil production in the US seems to have leveled off, oil production in Texas continues to move forward at a brisk pace.
WoodMac: $60 Barrel Forecast Hinges on Greece Exit, China Market Trouble
Friday, July 10, 2015 Wood Mackenzie discusses where oil prices could go after prices decline on the Greek crisis and China’s equity market troubles.
In California, Big Oil Finds Water Is Its Most Prized Commodity
Thursday, July 09, 2015 California's epic drought is pushing Big Oil to solve a problem it's struggled with for decades: what to do with the billions of gallons of wastewater that gush out of wells every year.
Big Data More Than Just About Numbers
Thursday, July 09, 2015 Analyzing Big Data for better insight into oil and gas operations not only involves numbers, but words and phrases as well.
Oil Service Firms Jostle For India Orders Amid Global Spending Cuts
Thursday, July 09, 2015 Oilfield services firms are scrambling for contracts from India, which has emerged as a rare bright spot for the sector hardest hit by a slump in global crude oil prices.
Empyrean Sees Upgrade to Eagle Ford Shale Asset
Wednesday, July 08, 2015 Empyrean Energy reports a major upgrade to reserves and resources at its Sugarloaf AMI asset in the Eagle Ford Shale, Texas.
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