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APAC Oil and Gas Sector Set to Rebound
Monday, October 15, 2018 APAC's oil and gas sector looks set to rebound over the next 12 months, according to Wood Mackenzie.
Saudis Break 45-Year Taboo with Veiled Oil Threat
Monday, October 15, 2018 Riyadh makes what many read as a veiled threat to use the kingdom's oil wealth as a political weapon.
3Q Energy Activity Accelerates and Growth Strong, Survey Finds
Monday, October 15, 2018 Respondents to the Kansas City Fed's quarterly energy survey express an increase in drilling and business activity.
Crude Rises as Mystery of Missing Saudi Critic Strains Alliance
Monday, October 15, 2018 Oil advanced amid growing international outrage over the disappearance of a prominent Saudi Arabian critic.
Oil Pares Weekly Loss
Friday, October 12, 2018 Oil pared a weekly loss as investor focus shifted from broader market turmoil and returned to looming shortages from Iran's dwindling exports.
How to Negotiate a Pay Rise as an Experienced Oil Pro
Friday, October 12, 2018 Rigzone talks to several experts to find out how experienced oil and gas professionals can negotiate a pay rise.
Oil Demand and Supply Close to New Peaks
Friday, October 12, 2018 Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day, according to the International Energy Agency.
Colorado House Majority Leader Says Prop 112 Unlikely to Pass
Friday, October 12, 2018 A ballot measure that could curb oil and gas development in Colorado is unlikely to pass in November.
Focus On: Employment
Oil Majors Offload Gulf of Mexico Fields to Hunt Bigger Finds
Friday, October 12, 2018 Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it's home runs or bust.
Crude Oil Down for the Week
Friday, October 12, 2018 The price of a barrel of West Texas Intermediate (WTI) crude oil for November delivery gained 37 cents Friday, settling at $71.34.
FAMILY AFFAIR: Oil and Gas Has Driven Govia Family to Success
Thursday, October 11, 2018 There's decades of oil and gas excellence in the Govia family. Thirty-five year industry veteran Delfina Govia shares her family's experiences.
Oil Set for Worst 2-Day Drop Since July
Thursday, October 11, 2018 Oil headed for the biggest 2-day drop since July, with fuels from diesel to gasoline also declining as fears over a worsening trade war rattled markets across the board.
Up to 6 More UK North Sea FIDs in 2018
Thursday, October 11, 2018 Up to 6 more final investment decisions can be expected within the UK North Sea this year, according to Wood Mackenzie.
WTI Crude Oil Falls 3%
Thursday, October 11, 2018 The bears reigned in crude oil markets Thursday.
Oil Over $74 on Concerns Storm May Worsen Supply Risk
Wednesday, October 10, 2018 Oil traded above $74 a barrel on concerns Hurricane Michael in the US may exacerbate a supply crunch.
Oil Price to be Highly Volatile Going Forward
Wednesday, October 10, 2018 A model that has 'correctly predicted the oil price increase seen over the last months' now shows that the oil price will be 'highly volatile' going forward, according to Rystad Energy.
Chevron Quits Norway
Wednesday, October 10, 2018 Chevron Corp is selling its last remaining oil exploration license in Norway.
Top Oil Traders Say Iran Sanctions Hit Harder Than Expected
Wednesday, October 10, 2018 Sanctions on Iranian oil exports are hitting much harder than most people predicted
Oil, Gas CEOs Sold on Tech Benefits, but Unprepared for Disruption
Wednesday, October 10, 2018 A new report by KPMG examines how oil and gas CEOs feel they fare in their technology efforts and what still needs work.
Oil Prices Settle Lower
Wednesday, October 10, 2018 Crude oil prices lost some of their recent upward momentum Wednesday.
Big Oil to Bury Skeptical Investors in Cash Piles
Tuesday, October 09, 2018 With oil above $80 a barrel as costs languish at an 8-year low, the industry is seeing green.
Oil Climbs as Storm Halts Output
Tuesday, October 09, 2018 Crude traded near $75 a barrel as storm Michael in the US strengthened and shut some oil output.
UKCS Pronounced Cost Reduction Period May be Over
Tuesday, October 09, 2018 The recent period of pronounced cost reduction on the UKCS may be over, according to a new report.
Frenemies Can Help Energy Firms Curb Risks
Tuesday, October 09, 2018 Ecosystem business model gets strong support from energy execs in Accenture Strategy survey.
Crude Prices Get Bump from Iran and Michael
Tuesday, October 09, 2018 A weakening Iranian export position and a strengthening hurricane were two of the global developments supporting bullish trading Tuesday.
Saudi Crown Prince Vows Aramco IPO by 2021
Monday, October 08, 2018 Saudi Arabia's crown prince insists the stalled plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering by 2021.
Saudi-Russian Cooperation Marks New World Order For Oil
Monday, October 08, 2018 OPEC+ with Saudi-Russian cooperation will retain its hold on global oil supply and continue to reshape the world order for oil.
Ensco and Rowan to Merge in $12B Deal
Monday, October 08, 2018 The companies have entered into a definitive transaction agreement to create an offshore drilling powerhouse.
Crude Touches One-Week Low as Iranian Shortage Fears Are Eased
Monday, October 08, 2018 Oil slipped to a one-week low amid signs that Iranian supply disruptions may not be as severe as expected.
Oil Poised for Fourth Weekly Gain
Friday, October 05, 2018 Oil headed for the longest run of weekly gains since the start of 2018.
Oil and Gas Cyber Attacks Increased in Past Year
Friday, October 05, 2018 Cyber attacks in the oil and gas sector increased over the past year, according to Mike Spear, industrial cyber security global operations director at Honeywell.
Support Activities for Mining Rise by 6,000 in September
Friday, October 05, 2018 The US energy sector is seeing significant increases in support activities for mining.
Tech Expert on Challenges of IIoT in Oil and Gas
Friday, October 05, 2018 According to one technology expert, security is just one of several challenges facing oil and gas companies deploying IIoT strategies.
Crude Oil Futures Down for the Week
Friday, October 05, 2018 The stage could be set for lower prices ahead.
Oil Halts Gain Near 4-Year High
Thursday, October 04, 2018 Oil halted gains on emerging concerns prices have rallied too fast.
UK Offshore Sees Continued Safety Improvement
Thursday, October 04, 2018 The UK's offshore oil and gas industry continued to see improvement across a range of health and safety indicators last year, according to a new report.
Trump Request for Max OPEC Output May Backfire
Thursday, October 04, 2018 The Trump administration is commanding OPEC to run the printing presses at full speed.
Tech Not Making Oil Qualifications Less Important
Thursday, October 04, 2018 Technology is not making oil and gas qualifications less important, according to Jason Urso, vice president and general manager at Honeywell.
$32B Worth of Oil, Gas M&A Deals in 3Q Breaks Record
Thursday, October 04, 2018 Drillinginfo reports that the US saw a 250% increase in mergers and acquisitions activity in the third quarter.
Iran Oil Buyers Craving Obama's Waivers Get Trump Shock Instead
Thursday, October 04, 2018 Oil buyers who viewed Obama-era policies as precedent for US sanctions on Iran are getting a rude shock.
Crude Oil Falls on Russia-Saudi Output Deal
Thursday, October 04, 2018 Both the WTI and Brent lost momentum Thursday.
Equinor Rosebank Deal Good for UK Upstream
Wednesday, October 03, 2018 Equinor's deal to purchase Chevron's stake in the Rosebank project is good for the project, the other partners in the project and the UK upstream sector, according to Wood Mackenzie.
Australia Upstream to See Greater Tech Integration
Wednesday, October 03, 2018 Australia's upstream sector will see greater integration of technology over the coming years, according to a new report from Fitch Solutions Macro Research.
Oil Steadies Near 4-Year High
Wednesday, October 03, 2018 Oil steadied near the highest level in almost 4 years as supply crunch fears outweighed expectations for an increase in American crude inventories.
Canadian Oil Pain Grows as Crude Discount to WTI Hits $40
Wednesday, October 03, 2018 Canadian heavy crude's discount to West Texas Intermediate futures increased to the widest in almost five years.
$100 Oil By Christmas?
Wednesday, October 03, 2018 A cocktail of factors could see oil go as high as $100 a barrel by Christmas.
Oil, Gas Producers Could See More Money from Lenders in 2018
Wednesday, October 03, 2018 A new survey by Haynes and Boone offers a bright outlook for oil and gas producers.
Oil Bulls Continue Stampede
Wednesday, October 03, 2018 The bull market for crude oil picked up steam Wednesday as the WTI and Brent futures prices posted impressive gains.
Oil Hovers at 4-Year High
Tuesday, October 02, 2018 Oil extended gains near the highest level in almost 4 years as investors grapple with doubts over OPEC's ability to replace falling exports from Iran.
Permian Needs $300B in CAPEX for Growth through 2023
Tuesday, October 02, 2018 A new report by consulting firm Arthur D. Little finds that U.S. independents will need to adjust their business models to keep up with forecasted growth in the Permian.
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