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Oil Contractor Saipem Turns To Wind To Help Counter Downturn
Friday, April 21, 2017 Italy's Saipem is working to expand new lines of business including wind farms to help it cope with a slump in order books among oil services groups.

Commodity Weekly: OPEC Rhetoric Fails to Rouse the Bulls
Friday, April 21, 2017 Oil market faces further downside risk if OPEC does not extend output cuts. Cartel rhetoric staves off lower prices in the meantime.

Russian Energy Min Says Oil Market Situation Improving, Surplus Shrinking
Friday, April 21, 2017 Russian Energy Minister Alexander Novak says the oil market is improving with production cuts by OPEC and non-OPEC members.

Schlumberger Expects Reactivation Costs To Squeeze Margins
Friday, April 21, 2017 Schlumberger says a ramp up in drilling activity in North America boosted pricing for its services, but the cost of reactivating equipment idled during the downturn dragged down margins.

US E&P Budgets Rebound, Grow For First Time Since 2014 Downturn
Friday, April 21, 2017 US CAPEX and rig counts to drive production growth of 5% this year; drilling and completion spending to increase by 58% this year, according to Fitch Ratings' modeling.

OTC: Finding Hollywood in Houston
Friday, April 21, 2017 While visiting Houston for OTC, check out where Hollywood came to town!

Want To Make The Most of OTC? Ask A Pro
Thursday, April 20, 2017 BP SVP and OTC board member Cindy Yeilding shares her top tips for having a successful OTC experience.

Energy Tycoon Leonid Mikhelson Tops Russia's Rich List
Thursday, April 20, 2017 Leonid Mikhelson, co-owner of Russian gas producer Novatek, has topped Russia's rich list for a second year running.

Oil Prices Could Tumble Again On US Shale Influx
Thursday, April 20, 2017 Oil prices could fall again by the end of the year due to a rapid increase in US shale production, Total chief executive says.

EM&I Launching Major Expansion Program, Will Create Jobs
Thursday, April 20, 2017 Oilfield services firm EM&I is launching a 'major expansion program', which will see the company create a host of new jobs, EM&I CEO Danny Constantinis reveals.

Rookie Mistakes to Avoid on Your First OTC Trip
Thursday, April 20, 2017 Rigzone highlights what not to do on your first trip to the Offshore Technology Conference in Houston, Texas.

Russia Agrees On Preliminary Basis To Extend Oil Output Cuts Beyond June
Thursday, April 20, 2017 Russia agrees, on a preliminary basis, to extend beyond June the agreement among global oil producers to cut output, Kuwait's oil minister Essam al-Marzouq told reporters.

British Keen To Remain In EU Energy Market
Wednesday, April 19, 2017 Britain should continue to participate in the European Union's energy market when it leaves the 28-nation bloc, energy minister Greg Clark tells a parliamentary committee.

ConocoPhillips, Partners Weigh Expansion Of Darwin LNG
Wednesday, April 19, 2017 ConocoPhillips and its partners are considering expanding their Darwin liquefied natural gas (LNG) plant in Australia.

Short-Term Market Rebalance to 'Proceed Smoothly', If OPEC Adheres to Cuts
Wednesday, April 19, 2017 If OPEC continues to adhere to the output cut deal then the short-term market rebalancing process is expected to proceed relatively smoothly over the coming months, McKinsey Energy Insights says.

E. Coast Refiner Shuns Bakken Delivery As Dakota Access Pipeline Starts
Wednesday, April 19, 2017 Philadelphia Energy Solutions Inc, the largest refiner on the U.S. East Coast, will not be taking any rail deliveries of North Dakota's Bakken crude oil in June.

Australian Govt 'Encouraged' By Steps To Avert Gas Crunch
Wednesday, April 19, 2017 The Australian government said it was "encouraged" on steps taken to avert a gas crisis after meeting on Wednesday with producers and the energy market operator.

UK General Election Could Have 'Huge Implications' For Energy Firms
Wednesday, April 19, 2017 The surprise general election called by UK Prime Minister Theresa May could have huge implications for UK and European energy firms, according to Airswift Senior VP Ford Garrard.

Big Oil's Rejection of Silicon Valley Is Finally Coming to End
Tuesday, April 18, 2017 There's been a recent innovation: Algorithms adjust the extraction flow based on computer monitoring hundreds of feet below.

Gadfly: Permian Shale Producers Take the Strain of Lower Prices
Monday, April 17, 2017 Producers in the Permian shale basin tend to be hedging at lower prices than rivals centered on less-attractive basins such as the Bakken and Eagle Ford basins.

Oil Servicers Still Struggle as Canadian Producers Ramp Up
Monday, April 17, 2017 While Canadian producers are on firmer footing, oilfield service companies are still keeping restructuring advisers and lawyers busy.

Mergers And Acquisitions Continues At Hot Pace
Friday, April 14, 2017 Interest in crude oil and natural gas reserves in the Permian Basin of West Texas and Eastern New Mexico has reached a new high.

Improve Your Plant's Cybersecurity Now That the Wireless 'Genie' Is Out
Friday, April 14, 2017 Simply blocking attempts to access an industrial facility's wireless signals is insufficient, says CEO of US-based cybersecurity software firm.

Aramco CEO Sees Oil Market Closer to Balance Despite US Boom
Friday, April 14, 2017 The global oil market is moving closer to balance even as increases in US oil production push prices down in the short-term, Saudi Arabian Oil Co. CEO Amin Nasser says.

Bankers' Fading Fear of Oil Lending Is Latest Boon for Shale
Friday, April 14, 2017 Wall Street banks' growing optimism about the energy industry is the latest boost for US oil and natural gas producers already enjoying higher prices.

UK Post-Brexit Economy Needs Energy Market That's a Mess
Thursday, April 13, 2017 Relying on natural gas to fuel Europe's second-largest economy was never going to be easy for the UK, even before Brexit.

Shale, Not Stock, Fuels the Wealthiest U.S. County
Thursday, April 13, 2017 There are three good guesses for which US county has the the highest adjusted gross incomes (AGI).

Baker Hughes: US Drillers Add Oil Rigs For 13th Week In A Row
Thursday, April 13, 2017 US drillers added oil rigs for a 13th week in a row, with the number of active rigs rising to near a two-year high.

Forgotten Gen Xers: What Motivates the 'Sandwich Generation'
Wednesday, April 12, 2017 Leadership pros answer three questions about the "Sandwich Generation."

OPEC Over-Delivers On Oil Cuts, But Sees Rivals' Output Rising
Wednesday, April 12, 2017 OPEC cut oil output in March by more than pledged under a supply reduction deal and said oil inventories had fallen in February.

Saudi Aramco To Supply Full Crude Contract Volumes To Asia
Wednesday, April 12, 2017 Saudi Aramco will supply full contract volumes of crude oil to at least 3 Asian buyers in May, steady compared to April, industry sources with knowledge of the matter say.

Diversify Or Die: China's Independent Oil Refiners Adapt To New Challenges
Tuesday, April 11, 2017 China's independent oil refiners are branching out into new sectors to overcome challenges.

Report: Value of M&A Energy Deals Increases, US Dominates in 1Q
Tuesday, April 11, 2017 Deals in energy, mining and utilities have increased in 1Q 2017 compared to a year ago, according to analysis from Mergermarket.

Analysts: Oil, Gas Prices to Recover in 2017
Tuesday, April 11, 2017 Oil and natural gas prices will recover this year, according to energy analysts from GMP FirstEnergy.

BLOG: Brent Crude Value to Continue Rising in 2017
Tuesday, April 11, 2017 Rigzone readers outline where they think the Brent price will be by the end of 2017.

Energy Minister: Brexit Will 'Negatively Impact' North Sea Oil Sector
Monday, April 10, 2017 Brexit will 'negatively impact' the ability of the North Sea's oil and gas sector to fulfil the vision set out for the UKCS by its industry regulator, Scottish Energy Minister Paul Wheelhouse says.

North Sea Decom Costs on a Scale Not Seen Before Anywhere in the World
Monday, April 10, 2017 North Sea decommissioning costs are looming on a scale not seen before anywhere in the world, Mamdouh G. Salameh, visiting professor of energy economics at the ESCP Europe Business School says.

Oil Surplus Or Scarcity? Shale Makes It Even Harder To Predict
Monday, April 10, 2017 The shale oil boom has transformed the US and global energy sector to such an extent that it has upended traditional supply dynamics and made forecasts far more polarized.

Exxon Mobil Markets Mid-Term Papua New Guinea LNG Supplies
Friday, April 07, 2017 Exxon Mobil Corp is marketing 1.3 million tonnes per year of mid-term liquefied natural gas volumes from its $19 billion Papua New Guinea LNG plant.

India's ONGC Sees Its Gas Output Hitting 5-Yr High In Fiscal 2018
Friday, April 07, 2017 India's Oil and Natural Gas Corp expects its natural gas production to reach a 5-year high in the current fiscal year.

Baker Hughes: US Drillers Add Oil Rigs For 12th Straight Week
Friday, April 07, 2017 US drillers added oil rigs for a 12th week in a row, extending the recovery into an 11th month as energy companies boost spending on new production to take advantage of a recovery in crude prices.

Russia's Surgutneftegaz Says Sticking To Global Oil Output Deal
Friday, April 07, 2017 Vladimir Bogdanov, the veteran head of Russia's 3rd largest oil producer Surgutneftegaz , told Reuters that his company was sticking to a global deal to cut oil output to support crude prices.

Hiring Bounces Back in 2017 for Oilfield Services Onshore, Offshore
Thursday, April 06, 2017 Onshore recruiting is underway again, and hiring for positions offshore may not be too far behind, according to recent announcements.

A Day in the Life of ... Chris Bradshaw, CEO of Era Group
Wednesday, April 05, 2017 CEO Chris Bradshaw shares what it's like to be the head of one of the largest helicopter operators in the world.

INEOS, BP Forties Pipeline System Deal is 'Positive Step'
Wednesday, April 05, 2017 INEOS' decision to acquire the Forties Pipeline System (FPS) and Kinneil Terminal from BP plc for $250 million is a 'positive step' towards maximizing economic recovery from the UK Continental Shelf.

Chevron Pivots To Permian Shale As Mega-Project Era Fades
Wednesday, April 05, 2017 Nearly a century after Chevron amassed the No. 2 stake in America's largest oilfield, Chief Executive John Watson is hitting the accelerator on developing the firm's Permian Basin holdings.

LNG Producers Turn To Trading, Risk Taking To Maintain Market Share
Wednesday, April 05, 2017 Producers of liquefied natural gas (LNG) are taking on more risk and learning to trade, just like any other commodities dealer.

Seadrill in a Free Fall Is Fodder for Day Traders as Hope Fades
Wednesday, April 05, 2017 Seadrill is now at the mercy of short-term speculators as the biggest funds avoid the offshore driller amid a struggle to avoid bankruptcy.

Key Construction Technologies Being Used in the Permian Basin
Tuesday, April 04, 2017 Oil and gas companies have been looking towards technology to further reduce their expenses and improve their profit margins.

Gas Giants Share OPEC's Shale Pain as US Supply Flows East
Tuesday, April 04, 2017 OPEC isn't the only decades-old energy hegemony being turned on its head by US shale.

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