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Chinese Teapots Provide Edge Over US for World's Top Oil Buyer
Friday, May 29, 2015 China's lead over the U.S. as the world's biggest buyer of crude oil is poised to get bigger, and it's largely thanks to teapots.

US Rig Count Stops Hemorrhaging, But For How Long?
Thursday, May 28, 2015 Analysts note a modest increase in the US rig count, but acknowledge it may not mean a turnaround is in the near future.

Report: Long-Term Focus Needed to Solve Oil, Gas Talent Crisis
Thursday, May 28, 2015 A report by KPMG and Rigzone shows that oil and gas companies should implement long-term approaches to address the talent crisis.

Tidewater Maintains Weak OSV Outlook, but Positioned for Opportunities
Thursday, May 28, 2015 Despite lower revenues and utilization, Tidewater is well-positioned to take advantage of acquisition and investment opportunities in the global OSV market, company officials say.

Soiled by Oil Scandal, Brazil's Model Is Primed for Makeover
Thursday, May 28, 2015 Crisis and disappointment in the oil sector are beckoning Brazil's leadership.

Big US Shale Field Marcellus Faces Output Drop Due To Low Gas Prices
Thursday, May 28, 2015 Natural gas production in the Marcellus shale, which has grown over the past decade from next to nothing to the source of about a fifth of US output, may decline for the first time.

End of Oil Glut Seen Nigh as World's Use Set to Top Production
Thursday, May 28, 2015 The global crude market will shift into a deepening deficit in the fourth quarter amid a draw down in US stockpiles, according to Standard Chartered Plc.

No. 2 Offshore Oil Driller Seadrill Sees Industry Pain Through 2016
Thursday, May 28, 2015 The world's second biggest offshore oil driller, Seadrill, predicts years of pain for the global rig market.

In Questionable Financial Times, Profits Are Still Possible In Africa
Thursday, May 28, 2015 While many shale and deep water plays may be on hold, shallow oil and gas fields in Africa could prove lucrative for some operators, including indigenous companies.

Canada Stocks Fluctuate as Gain in Banks Offsets Oil's Decline
Wednesday, May 27, 2015 Canadian stocks show little change after slumping the most in almost three weeks, while the Bank of Canada keeps its key interest rate unchanged for a third meeting.

Vanguard Steps Up M&A
Tuesday, May 26, 2015 Vanguard Natural Resources looks for growth opportunities through acquisition of rivals in neighboring acreage.

US Investor Dollars Beckon Foreign MLPs
Monday, May 25, 2015 Foreign companies, wanting access to US dollars for their infrastructure projects, are increasingly offering their assets as MLPs.

Military Vets in Oil, Gas: Future Outlook for Vets in the Industry
Monday, May 25, 2015 Experts offer first-hand advice to military veterans and recruiters about the future of veterans in the oil and gas industry.

Liza Discovery Could Put Guyana on Oil, Gas Map
Friday, May 22, 2015 ExxonMobil's Liza discovery offshore Guyana could put the country on the map as a player in the global oil and gas industry, Wood Mackenzie reports.

Report: Oil, Gas IT Spending Cuts 'Lower Than Expected'
Friday, May 22, 2015 A study finds that oil and gas industry cuts to IT spending are lower than expected as companies eye potential spending on data services technology.

Total Hosts Climate Talks with Big Oil Companies
Friday, May 22, 2015 France's Total is hosting a meeting of the world's biggest oil firms over the sector's action plan ahead of the UN climate talks in Paris at the end of the year.

Alberta Oil Faces Tough 2015, May Rebound Next Year
Friday, May 22, 2015 Low oil prices and new leadership combine to create uncertainty in Alberta's oil and gas sector.

Military Vets in Oil, Gas: Transitioning and Recruitment Strategies
Friday, May 22, 2015 Rigzone speaks with military veterans about their experiences transitioning into oil and gas and addresses the challenges facing transitioning vets today.

More Buyers than Sellers Idles Upstream M&A Market
Thursday, May 21, 2015 Many upstream companies are interested in M&A, but want to hold off activity until stability returns to commodity markets.

Public Perception Still a Barrier to More Women Pursuing STEM
Thursday, May 21, 2015 Senior female leaders in science and engineering discuss how to change the public perception of women in STEM at a KPMG Global Energy Conference breakfast.

Petrobras Turns to China for $10 Billion to Avert Crunch
Thursday, May 21, 2015 What do you do when you're burdened with the oil industry's biggest debt, credit is drying up and some of your main suppliers are under the gun? Call China.

Azerbaijan Lines 20,000 PSI Drill Bit to Test Caspian New Frontiers
Wednesday, May 20, 2015 Caspian Drilling Co. is poised to undertake 20,000 pound per square inch blow-out-preventer drilling with its newbuild semisub to be delivered by Keppel FELS in 2016.

Slow Oil Price Recovery Heightens Upstream Default Risk
Wednesday, May 20, 2015 Oil price collapse is putting dozens of E&P companies at risk of debt default.

Flood Of New Cash Sustains US Oil Firms; Energy Dealmakers Gripe
Wednesday, May 20, 2015 US oil companies are attracting a wave of new investment from unlikely sources - hedge funds and private equity firms flocking to the energy market for the first time to bet on a rebound.

BHP Billiton: New Production Sources Needed to Meet Future Demand
Tuesday, May 19, 2015 BHP Billiton has urged the global oil and gas industry to make significant new discoveries to avoid a significant gap in long-term demand.

Wood Mackenzie: Bakken, Eagle Ford Not Past Prime
Tuesday, May 19, 2015 Bakken production will keep growing, albeit at a slower pace, and the Eagle Ford still has running room within high-return portions of the play, according to recent analysis by Wood Mackenzie.

Russia's Gazprom Trims 2015 Gas Production Plan Again
Tuesday, May 19, 2015 Gazprom cuts its 2015 gas production plan after warmer weather hits demand.

Galp Energia Sticking with Strategy for Stronger E&P Business
Tuesday, May 19, 2015 Investment bank Jefferies says Portuguese firm Galp Energia will continue with its strategy of strengthening its production activities, while supporting these with competitive downstream operations.

Lower 48 Oil Production to Keep Growing, but At Slower Pace
Friday, May 15, 2015 A sustained oil price of $50/barrel would be needed to halt production growth in the US Lower 48, recent analysis finds.

Israeli Gas: Much Progress Ahead of UOG 2015 Meet this November
Friday, May 15, 2015 Ahead of the second Universal Oil and Gas conference in Israel this November, Rigzone learns there is progress in discussions to resolve a dispute between the government and gas field developers.

Two Texas Oil Towns, 38 Miles Apart: One Still Booms, One's Dead
Friday, May 15, 2015 Karnes City and Smiley provide polar-opposite glimpses into what life in a US oil boom town looks like in the wake of last year's price collapse.

The 'Gig Economy': A Good Fit for Oil and Gas?
Friday, May 15, 2015 Roundtable panelists offer varied opinions on mobile apps' suitability for helping individuals find work in the oil and gas industry.

Low Oil Prices Not Holding Back Frontier Drilling Technology Research
Friday, May 15, 2015 Shell intensifies rig research for Arctic projects while Anadarko and BP explore next generation floaters for high pressure high temperature field developments despite low oil prices.

Providence Obtains Evidence of Hydrocarbons Near Polaris Prospect
Thursday, May 14, 2015 Providence Resources obtains evidence of oil seeps some two miles from its Polaris prospect offshore Ireland.

The 'Gig Economy': An App-based Spin on an Old Idea
Thursday, May 14, 2015 Roundtable discussion examines what the "gig economy" is and how it's influencing the world of work.

Battered US Oil Firms Scramble to Delay Looming Retirement Wave
Thursday, May 14, 2015 The Baby Boomer generation that formed the backbone of the US oil workforce mulls retirement as energy firms cut spending and shelve projects.

MLPs May Be Losing Midstream Favor
Thursday, May 14, 2015 Two major pipeline companies have rolled up their MLPs into corporations, and others appear positioned to follow suit.

Kemp: Who Wants To Be A Swing Producer? No One
Thursday, May 14, 2015 US shale producers are the new "swing producers" in the oil market, but the status of swing producer is hugely misunderstood.

IEA: Oil Glut Worsens As OPEC Market-Share Battle Just Beginning
Wednesday, May 13, 2015 IEA warns of a global oil glut building due to Saudi Arabia pumping at near-record highs in an attempt to win a market-share battle against US shale production.

Kemp: US Set To Get More Accurate Oil Production Data
Wednesday, May 13, 2015 It will take a few months for the EIA to vet the results but the first US oil production figures could be published in the next few months.

Saudi Arabia Increased Oil Output in April as US Pulled Rigs
Wednesday, May 13, 2015 Saudi Arabia boosts crude oil production for a second month to the highest level in at least three decades, helping to raise OPEC output as US supply growth showed signs of slowing.

McDermott International Cuts About 1,700 Jobs
Tuesday, May 12, 2015 McDermott International eliminates about 1,700 positions in response to 1Q losses.

Study: Low Oil Price Gives Industry Chance to Pursue Digital Transformation
Tuesday, May 12, 2015 Oil and gas companies see today's turbulent oil price market as a chance to gain competitive advantage by harnessing new technologies, a Cisco survey found.

Rex Leans on In-House Technologies to Realize E&P Ambitions
Tuesday, May 12, 2015 Rex International Holdings is relying on its proprietary technologies to search for oil as the junior exploration and production firm grows its upstream asset portfolio.

Porcupine Prospect Could Contain 1.5B Barrels
Tuesday, May 12, 2015 The Porcupine Prospect offshore Ireland could contain 1.5 billion barrels of prospective resources, according to a competent persons report from ERC Equipoise.

EIA: Shale Oil Production Cuts to Get Bigger Next Month
Tuesday, May 12, 2015 The U.S. lost about 1 percent of the oil production flowing from its shale formations this month, and the decline is just starting.

'Stepchange' Compressor Technology Planned for Field Tests 2016
Monday, May 11, 2015 HICOR will conduct field trials early next year into a technology officials say offers a "step change" in compressor technology.

Baker Hughes: Permian Basin Sees First Rig Increase Since Oil Rout
Friday, May 08, 2015 After weeks of idling rigs on slumping crude prices, US oil drillers added rigs to the Permian Basin for the first time this year, industry data shows.

Young, Female and Fearless: A Geotechnical Engineer's Story
Friday, May 08, 2015 Rigzone speaks with Scarlett Mummery, a young offshore geotechnical engineer, who shares her experiences in the oil and gas industry.

Baker Hughes CEO: Turn Adversity into Opportunity
Thursday, May 07, 2015 Baker Hughes CEO encourages young leaders to think unconventionally and embrace change at a YPE event during OTC week.

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