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Goldman Sees Geopolitics Haunting Oil Again With Unclear Effects
Tuesday, October 17, 2017 The oil market is grappling with intensifying geopolitical risks.
Oil Rises 1% As Iraq Fighting Shuts Output In Kirkuk
Monday, October 16, 2017 Crude prices rises 1% as Iraqi forces entered the oil-rich city of Kirkuk.
Algeria Sees Energy Law Amendment By End Of 2018
Monday, October 16, 2017 Algeria aims to amend its energy law in 2018 as it plans to improve contract terms to attract needed foreign investment, authorities say.
UK North Sea Oil Faces Quickening Decline If No Brexit Deal
Monday, October 16, 2017 The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union.
One Person Still Missing Following Natgas Platform Explosion in Louisiana
Monday, October 16, 2017 Local authorities are performing a search and rescue for one person still unaccounted for after a natural gas platform explosion on Lake Pontchartrain.
Oil Rises to Two-Week High Amid Optimism on Re-Balancing Process
Friday, October 13, 2017 Might the global crude oil glut be eroding?
Trump Disavows Iran Deal: What's at Stake for Oil Markets
Friday, October 13, 2017 Iran, already struggling to attract investors to its energy industry, may find things tougher still as Trump refuses to certify the nuclear deal.
Create the Perfect Resume for a Drilling Consultant
Friday, October 13, 2017 Rigzone details how to best tailor your resume to land a job as a drilling consultant.
Cost Control Key to North Sea Production Growth
Friday, October 13, 2017 Having already been written off once in the 80s and survived, North Sea production is now seen to be recovering even in the Era of Shale.
Oil Slips Despite Larger Draw In US Stocks
Thursday, October 12, 2017 Oil prices rebounded from earlier losses, but ended lower on the day.
Dakota Access Helps Drillers But Isn't a Bakken Game-Changer
Thursday, October 12, 2017 Is the Dakota Access 'a game-changer?'
Turning the Faucet Back On: OFS Rebuilding Workforce
Thursday, October 12, 2017 After a prolonged oil slump and hundreds of thousands of layoffs, oilfield service companies are having to hire talent again.
BSEE: About 20% US Gulf Oil Output Offline Due To Hurricane Nate
Thursday, October 12, 2017 About 20% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate, BSEE says.
BLOG: Where's Oil and Gas Travel Getting Pricier (and Cheaper)?
Thursday, October 12, 2017 Read this if you're heading to Aberdeen, Houston or other oil and gas hubs in 2018.
Norway Puts on the Brakes But Oil-Cash Splurge Is Hard to Kick
Thursday, October 12, 2017 The Norwegian government proposed spending $29B of its oil income and wealth to plug a deficit equal to 7.7% of gross domestic product, roughly unchanged from this year.
Oil Pares Gains After Industry Data Shows Crude Stocks Rising
Wednesday, October 11, 2017 Oil pared gains after an industry report was said to show a surprise increase in US crude inventories.
UK's Shale Gas Sector Insiders Refute University Study
Wednesday, October 11, 2017 Industry insiders claim that the fledgling industry will evolve successfully despite hurdles.
Most US Oil Executives See Prices Below $60/Barrel Through 2018
Wednesday, October 11, 2017 Nearly two-thirds of US oil executives see crude oil prices remaining below $60 per barrel through 2018, according to a Deloitte survey.
South Sudan Oil Conference Fails To Draw Biggest Energy Firms
Wednesday, October 11, 2017 South Sudan's president was a no-show for the nation's first international oil conference, a gathering that also failed to attract prospective investors from the biggest global energy companies.
Ensco Acquires Atwood Oceanics, Lays Off Staff
Tuesday, October 10, 2017 After completing its acquisition of Atwood Oceanics, Ensco will be terminating employees.
Kemp: Feast Or Famine? Oil Market In 2018
Tuesday, October 10, 2017 The oil market is rarely balanced, and never for very long.
Oil Industry Networking Site Creator Gets One Year in US Hack Case
Monday, October 09, 2017 David Kent, 41, was sentenced by U.S. District Judge Denise Cote in Manhattan.
Oil Dawdles Near $50 as Market Yawns at Efforts to Whittle Glut
Monday, October 09, 2017 Oil crept toward the $50-a-barrel mark after OPEC's chief dangled the possibility of prolonging supply curbs well into next year.
Seafarers Fret Over New Assault on Jones Act in Wake of Storms
Monday, October 09, 2017 Arizona Sen. John McCain called the Jones Act "an antiquated, protectionist law that has driven up costs."
Statoil's Arctic, UK Drilling Campaigns Yield Disappointing Results
Monday, October 09, 2017 Norway's Statoil reported disappointing outcomes from three oil and gas exploration wells on Monday.
No More Free Lunch Is the Big Change Under Way in the Oil Market
Monday, October 09, 2017 For years, investors have played Popeye to the energy industry's Wimpy.
Increasing the World's Oil Reserves with Digitization
Monday, October 09, 2017 As oil companies look to increase production, digitization can help them expand their reserves, which keeps prices down for consumers.
Oil Posts Biggest Weekly Drop Since May as Storm Concerns Ease
Friday, October 06, 2017 Oil took a downward turn as concerns eased about Tropical Storm Nate's threat to offshore crude platforms and coastal refineries.
Total to Map Guinea Oil Blocks with Option to Acquire Three
Friday, October 06, 2017 Total plans to carry out seismic mapping of deep and ultra deep offshore blocks with an option to acquire three of them.
Most US Gulf Oil Output Offline Ahead of Tropical Storm Nate
Friday, October 06, 2017 Nate has already pushed nearly three times as much Gulf crude production offline as Hurricane Harvey did in August.
US Jobs Report: Mining Remains Steady
Friday, October 06, 2017 Despite a tumultuous hurricane season, oil and gas employment remains steady in September.
How to Become a Drilling Consultant
Friday, October 06, 2017 Rigzone gives you the rundown on the education and experience requirements to become a drilling consultant.
API Panel Member: Voluntary Methane Program Forthcoming
Friday, October 06, 2017 Shell exec who sits on API panel discusses voluntary program.
BLOG: EY Survey: Most Consumers Don't Want Reduced Oil, Gas Regulation
Friday, October 06, 2017 Where do American consumers and oil and gas executives stand when it comes to industry regulations?
Oil Edges Higher as Saudi-Russia Encounter Reassures Oil Bulls
Thursday, October 05, 2017 Oil climbs as Saudi Arabia and Russia, the world's biggest oil exporters, signal continued cooperation on efforts to erode a global crude glut.
Petrofac Extends North Sea Contract with Chevron
Thursday, October 05, 2017 Oilfield services company Petrofac Ltd said its North Sea engineering services contract with a unit of Chevron Corp had been extended for 12 months.
Petronas' Canadian Unit Says Looking to Sell Oil and Gas Asset in Alberta
Thursday, October 05, 2017 Progress Energy, the Canadian unit of Malaysian state energy firm Petroliam Nasional Berhad, said it was looking to sell its Deep Basin oil and gas asset in the Canadian province of Alberta.
Dirty Water in U.S. Shale Patch Drives Investment in Water Handlers
Thursday, October 05, 2017 Huge volumes of dirty water produced by U.S. shale firms are driving up investment in water-handling specialists, as cash-conscious oil and gas companies try to trim costs.
Saudi Aramco to Boost Turnkey Drilling Contracts
Thursday, October 05, 2017 Saudi Aramco plans to increase turnkey drilling contracts as part of a strategy to boost collaboration with major oilfield service providers, four industry sources said.
Tropical Storm Nate Threatens Oil Rigs as It Targets U.S. Gulf
Thursday, October 05, 2017 Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage cotton and citrus crops across the U.S. South.
Nigerian Minister Is Said to Query $24 Billion Oil Contracts
Thursday, October 05, 2017 Nigeria's oil minister sent a letter to President Muhammadu Buhari listing at least $24 billion of contracts involving the state oil company that he said were never discussed with him or the firm's board.
Saudis Say Cooperation With Russia Breathed Life Back Into OPEC
Thursday, October 05, 2017 Cooperation between Saudi Arabia and Russia has "breathed life back into OPEC" and made the country more optimistic about the outlook for oil than it has been for several years, said the kingdom's energy minister.
Offshore Rig Firms See End To Worst Downturn In History
Wednesday, October 04, 2017 Demand for offshore rig rental globally is starting to recover from its worst ever downturn.
Oil Slips After Surprising Increase In US Crude Exports
Wednesday, October 04, 2017 Oil prices fell after a surprising jump in US crude exports to a record 2 million barrels per day fanned worries about global oversupply.
Trump Admin Plans To Delay Methane Controls From Oil, Gas
Wednesday, October 04, 2017 The US Interior Department will propose this week delaying parts of an Obama-era rule to limit methane emissions from oil and gas production on federal lands.
Nigerian Minister Is Said to Question $24 Billion Oil Deals
Wednesday, October 04, 2017 Nigeria's oil minister sent a letter to President Buhari listing at least $24B of contracts involving the state oil company that he said were never discussed with him or the firm's board.
Congressmen: Oil and Gas Industry Needs a Better Narrative
Wednesday, October 04, 2017 Industry needs to better define itself in face of opposition, say panelists at Washington, D.C., conference.
Oil Prices Dip On Profit-Taking And US Production Fears
Tuesday, October 03, 2017 Oil prices dipped as speculators took profits for a second day after big 3Q gains and on concerns that higher prices might spur increased US shale production.
EPA Asks Drillers, Miners for Advice on How to Regulate Them
Tuesday, October 03, 2017 President Trump's EPA is asking miners, oil drillers and manufacturers to collaborate with the government on how best to regulate their industries.
Shale Boom's Dark Secret, Ruined Old Oil Wells in Oklahoma
Tuesday, October 03, 2017 Not every oilman is gaining from the US shale boom.