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Oil, Gas Firms Could Lose Millions Due to Forties Pipeline Shutdown
Tuesday, December 12, 2017 Oil and gas firms could lose millions of dollars in the event of a prolonged shut down of the Forties Pipeline System, oil and gas analysts at GMP FirstEnergy have confirmed.

Industry Body Welcomes Arrival of New North Sea Player
Tuesday, December 12, 2017 Industry body Oil & Gas UK welcomes the arrival of new exploration and production joint venture Spirit Energy.

Saudi Aramco Lifts Spending Plans To $414B Over Next Decade
Tuesday, December 12, 2017 Saudi Aramco plans to raise its spending to $414 billion over the next 10 years.

Rigzone Poll: Age Discrimination a Concern in Oil and Gas
Tuesday, December 12, 2017 Two-thirds of poll participants report first-hand experience with age discrimination.

Crude Slips as Worries Soften Over North Sea Oil Pipeline Crack
Tuesday, December 12, 2017 Fears subsided that a hairline crack in one of the world's most important oil pipelines would cause a major supply disruption.

Oil, Gas to Continue to Play Key Role in North East Scotland Growth
Monday, December 11, 2017 The oil and gas industry will continue to play a key role in North East Scotland's growth, Derek Leith, EY office managing partner for Aberdeen, has confirmed.

UAE Says OPEC, Allies To Announce Exit Strategy From Oil Cuts In June
Monday, December 11, 2017 United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui says OPEC and non-OPEC oil producers plan to announce in June an exit strategy from global supply cuts.

Robotics Process Automation Benefits and Challenges Oil, Gas Workforce
Monday, December 11, 2017 The oil and gas industry has used RPA to solve many workforce problems following the downturn, but challenges still exist.




Nodding Donkeys Fail as Long Shale Wells Make Pumping Oil Harder
Monday, December 11, 2017 Some of oil reserves may get stuck underground if the industry's pumps keep failing.

Brent Reaches Highest Since 2015 After Forties Pipeline Shutdown
Monday, December 11, 2017 Brent crude jumps to its highest since June 2015 as a key North Sea pipeline shut down.

Global Oil Sector Will Shift to Upcycle in 2018
Friday, December 08, 2017 The global oil and gas sector will shift from downcycle to upcycle in 2018, according to a new report from BMI Research.

US Jobs Report: Slight Increase in Oil, Gas Jobs
Friday, December 08, 2017 After a month of slight declines, oil and gas employment inches up in November.

S&P Director of Analytics: Energy Sector Balanced on a Knife Edge
Friday, December 08, 2017 From the prolific shales of the Permian to the prevailing peace within OPEC, the global oil industry seems to have come to a place of balance.

Oil Rises Nearly 2% On China Demand, But Weekly Losses Loom
Friday, December 08, 2017 Oil prices rose almost 2%, helped by rising Chinese crude demand and threats of a strike in Africa's largest oil exporter.

Chevron Capital, Exploratory Spending to Total $18.3B in 2018
Thursday, December 07, 2017 Chevron Corporation's capital and exploratory budget will be $18.3 billion in 2018, down from $19.8 billion in 2017.

Nigerian Oil Union PENGASSAN Threatens Nationwide Strike
Thursday, December 07, 2017 One of the country's 2 main oil unions threatens to stage a nationwide strike from Dec. 15 over a 'mass sacking of workers'.

Texas' Austin Chalk Booms While Shale Plays Remain Mostly Dormant
Thursday, December 07, 2017 New technology applications are breaking records in the Austin Chalk.

BLOG: What do Rigzone Readers Think of the OPEC/NOPEC Deal?
Thursday, December 07, 2017 Was the latest OPEC/NOPEC agreement sufficient?

BP: 2017 'Massive' Year for Global Upstream Projects
Thursday, December 07, 2017 Senior leaders from BP's Global Projects Organization say the company's project performance was positive for 2017 and have high expectations for the future.

Crude Oil Inches Back Up Amid Dearth of Negative Data Points
Thursday, December 07, 2017 The bad news bears took a deep breath on a day when there was no price-rattling data to agonize over and oil inched up as a result.

Total, Sonangol in Angola Pact
Wednesday, December 06, 2017 Total, Sonangol sign several agreements covering both upstream and downstream activities in Angola.

Report: Offshore Oil, Gas Helicopter Expenditure to Hit $16B to 2022
Wednesday, December 06, 2017 Offshore oil and gas helicopter expenditure will total $16 billion over 2018-2022, according to a new report published by Westwood Global Energy Group.

Executive Search in Oil and Gas, Part 2: Regional Differences & Challenges
Wednesday, December 06, 2017 In the final part of this two-part series, executive search professionals discuss unique challenges and the role technology will play in the future energy workforce.

JPMorgan Calls $60/Bbl Magic Number for New Shale Surge
Wednesday, December 06, 2017 For America's shale drillers, the tipping point to boost production looks to be $60 a barrel.

Investigation Underway for Offshore Fatality
Wednesday, December 06, 2017 The BSEE and US Coast Guard are conducting an investigation into a fatality in the Gulf of Mexico.

Crude Drops in Face of Gasoline Hoard Traders 'Can't Hide From'
Wednesday, December 06, 2017 Oil had its worse day in two months.

UKCS Supply Chain Collaboration Improving
Tuesday, December 05, 2017 Collaboration within the UKCS upstream supply chain is improving, according to an annual sector survey published by Deloitte and Oil & Gas UK.

Executive Search in Oil and Gas, Part I: Young Leaders & Diversity
Tuesday, December 05, 2017 In the first part of this two-part series, Rigzone speaks with executive search professionals about young leaders in the industry and diversity initiatives.

Statoil Greenlights $6B Flagship Arctic Oil Project
Tuesday, December 05, 2017 Statoil gave the final go-ahead to a flagship Arctic oil project after slashing costs by half.

Official: South Sudan Owes Sudan $1.3B From 2012 Oil Deal
Tuesday, December 05, 2017 South Sudan still owes neighbouring Sudan $1.3 billion from a 2012 deal that ended a dispute over oil payments.

Oil Climbs as OPEC Tightening Dovetails With US Supply Drop
Tuesday, December 05, 2017 Crude rose as lower OPEC production and signs of shrinking US oil inventories bolstered expectations for an end to the global surplus.

Oilfield Services Collaboration Set to Continue
Monday, December 04, 2017 The collaboration employed by services and equipment companies in the oil and gas sector during the oil price downturn is set to continue.

HSBC: Important to Turn Positive Sentiment Into Benefits for North Sea
Monday, December 04, 2017 It is important to turn positive sentiment into lasting, tangible benefits for the North Sea oil and gas sector.

Will Capital Allocation Get More Exciting in 2018?
Monday, December 04, 2017 Will the upward trend in commodity prices prompt more risk-taking?

Big Shale Turns OPEC Ally From Foe With Focus on Oil Returns
Monday, December 04, 2017 Don't expect Big Shale to rush and fill the hole left by OPEC in the oil market.

Oil Eases 1 pct on Profit-Taking as U.S. Output Eyed
Monday, December 04, 2017 Oil falls more than 1 percent on profit-taking as the market eyed signs of rising U.S. production, though prices remained close to recent two-year highs thanks to last week's decision by OPEC and other producers to extend output cuts.

Danish Tyra Field Gets $3.3B Cash Boost for Redevelopment
Friday, December 01, 2017 The Tyra gas field in the Danish North Sea is going to receive a significant cash injection.

OMV Buys Stake in Western Siberia Gas Field for $2B
Friday, December 01, 2017 Vienna based oil and gas firm, OMV, completes the acquisition of a 24.99% share in the Yuzhno Russkoye natural gas field.

Oil Price to Rise in 2H18 with OPEC, NOPEC Cut Extension
Friday, December 01, 2017 Supply-demand balance expected to tighten in second half of 2018.

US Vastly Overstates Oil Output Forecasts, MIT Study Suggests
Friday, December 01, 2017 Turns out, America's decade-long shale boom might just end up being a little too good to be true.

Oil Settles Up But Off Highs As Flynn News Spooks Wall St
Friday, December 01, 2017 Oil prices settled up slightly on Friday, but came off session highs.

OPEC, Russia Agree Oil Cut Extension To End Of 2018
Thursday, November 30, 2017 OPEC agrees to extend oil production cuts until the end of 2018, Reuters reports.

Survey: Oil Sector Confidence Increasing
Thursday, November 30, 2017 Confidence in the oil sector is increasing, according a new industry survey by Aberdeen & Grampian Chamber of Commerce (AGCC).

BLOG: Does Energy Hit High Marks with Diversity in Leadership?
Thursday, November 30, 2017 A recent report by Owler reveals how diverse energy leadership is perceived.

TECH SHOWCASE: Virtual Rock Analysis Lab
Thursday, November 30, 2017 Could the days of lengthy physical lab tests of reservoir rock core samples be numbered?

Oil Rises As OPEC Extends Cuts To End Of 2018
Thursday, November 30, 2017 Oil rose after OPEC and non-OPEC producers led by Russia agreed to extend output cuts until the end of 2018.

UK Government Issues Support for Shale Industry
Wednesday, November 29, 2017 The UK government has lent its support to the UK's shale gas industry in a recently published white paper.

UKCS Decom a $22B Industry to 2025
Wednesday, November 29, 2017 A total of $22 billion is forecast to be spent on decommissioning on the UKCS from 2017 to 2025.

Beware of the Dip: Oil Prices Could Go Lower
Wednesday, November 29, 2017 Without high geopolitical risk or an actual supply reduction, oil prices have a downside risk.

Oil Drops For Third Day, Awaiting OPEC Decision
Wednesday, November 29, 2017 Oil prices dipped in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC's meeting.

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