Caspian/Central Asia News


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OPEC Aims for Modest Output Hike to Overcome Iran's Dissent
Monday, June 18, 2018 OPEC is discussing a relatively modest production increase before its meeting in Vienna this week.

Oil Climbs as OPEC Producers Discuss Size of Output Increase
Monday, June 18, 2018 Crude climbed as traders weigh signals from OPEC producers on the potential size of an output increase.

How to Be Indispensable at An Oil, Gas Company
Friday, June 15, 2018 BP, Repsol and Ineos outline how you can become indispensable at your company.

Refiners Find Financial Rewards from Digital, But More Value Awaits
Friday, June 15, 2018 An Accenture report finds there is additional value in digital technologies that refiners have not yet taken full advantage of.

Co-Employment: It's About Risk Management, Not Risk Elimination
Thursday, June 14, 2018 So what are the persistent misunderstandings around co-employment, and how should oil and gas companies go about managing their risk?

Analyst: Oil and Gas Taking Page from 'Big Pharma' Playbook
Thursday, June 14, 2018 What do the oil and gas industry and 'Big Pharma' have in common these days?

Oil Mixed As Dollar Gains And Key OPEC Meeting Looms
Thursday, June 14, 2018 Oil prices were mixed, with Brent slipping and US crude gaining.

Russia: OPEC And Allies Could Hike Output Gradually From July
Thursday, June 14, 2018 OPEC and its allies could agree to gradually increase oil production starting from July 1, the Russian energy minister says.

Companies Must Develop Resilient Strategies to Deal with Sector Volatility
Wednesday, June 13, 2018 A new report by PwC identifies challenges the industry will face if there's a supply crunch and offers ways for companies to develop future plans.

Russia and Saudi Arabia Pursue OPEC Deal at World Cup Meeting
Wednesday, June 13, 2018 Vladimir Putin and and Mohammed bin Salman will discuss how to boost oil production while maintaining their petro-alliance when they meet.

Oil Rises for Third Day After Surprise Drop in US Inventories
Wednesday, June 13, 2018 Oil rose for a third day after a US government report showed tumbling domestic crude and fuel inventories.

OPEC Highlights Demand Uncertainty Before June 22 Meeting
Tuesday, June 12, 2018 OPEC emphasizes the deep uncertainty over the strength of demand for oil just a week before its crucial meeting.

Oil Mixed As OPEC Cites Uncertain Market Outlook For 2018
Tuesday, June 12, 2018 Oil prices were mixed, with US crude settling higher before falling in post-settlement trading.

Optimizing Brownfields Could Drive Upstream Innovation
Monday, June 11, 2018 Check out Rigzone survey respondents' choices for the Top 10 most innovative oil and gas companies!

LNG Trade Grows 10 pct in 2017 as U.S., Australia Boost Exports
Monday, June 11, 2018 Global liquefied natural gas trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration (EIA) said.

Weatherford Is Said to Plan Sale of Laboratories Business
Monday, June 11, 2018 The Swiss oilfield services company Weatherford International Plc is considering a sale of its laboratory business, according to people with knowledge of the matter.

Report: E&P Consultants Earning 5% More than in 2016
Friday, June 08, 2018 As the oil and gas industry recovers, so do the salaries of E&P workers.

Oil Falls On Concerns Over Rising Supply, Weaker Demand
Friday, June 08, 2018 Oil prices fell as concerns about surging US output and falling demand in China weighed on the contract and JP Morgan cut its price forecast.

Employed vs. Unemployed: Survey Reveals What Makes An Ideal Employer
Thursday, June 07, 2018 Rigzone's latest Ideal Employer Survey shows how unemployed respondents rank their top company compared to employed oil and gas professionals.

BLOG: Poll Results Show 'Nothing' Will Be Decided at Next OPEC Meeting
Thursday, June 07, 2018 A new Rigzone poll indicates 'nothing' will be decided at the next OPEC meeting.

Oil Gains On Venezuela Export Cuts, OPEC Production Levels
Thursday, June 07, 2018 Global benchmark Brent crude surged nearly $2 a barrel.

Oil Slips After Surprise Increase in US Crude Inventories
Wednesday, June 06, 2018 Oil slid lower after a US government report showed a surprise increase in domestic crude stockpiles.

Rigzone Survey Reveals Top Picks for Oilfield Service Companies
Tuesday, June 05, 2018 Respondents reveal who their ideal oilfield service employer would be in latest poll.

Sources: US Asks OPEC Producers To Pump More Oil, No Specific Figure
Tuesday, June 05, 2018 The US government has unofficially asked Saudi Arabia and some other OPEC producers to raise oil output.

Oil Climbs as US Stockpiles Point to Tightening Supply Picture
Tuesday, June 05, 2018 Oil rose as traders braced for a US government report that's expected to show sliding domestic crude stockpiles.

Oil-Industry: How to Survive Under Tapering Oil Demand
Monday, June 04, 2018 Oil producers should not be complacent with burgeoning oil prices.

Oil Falls 2%, US Crude Hits Lowest Since Early April
Monday, June 04, 2018 Oil prices fall about 2%.

Report: 90% of Oil, Gas Execs Expect Global M&A Market to Improve
Friday, June 01, 2018 90% of oil and gas executives now expect the global mergers and acquisitions market to improve in the next 12 months, according to EY's Oil & Gas Global Capital Confidence Barometer.

Major Oil Checkpoint Looms in June
Friday, June 01, 2018 The WTI oil price is driving toward $80/bbl or more, supported by positive fundamentals and added geopolitical risk.

Oil Retreats On Stronger Dollar, US Crude Discount Wider
Friday, June 01, 2018 Oil prices retreated after the dollar rose on better-than-expected US employment data.

The Top Independents Oil, Gas Professionals Want to Work For
Thursday, May 31, 2018 Rigzone outlines the top 10 independent oil, gas companies.

BLOG: Millennials, Gen Z Underprepared for Industry 4.0
Thursday, May 31, 2018 A new report from Deloitte reveals younger generations' perceptions of businesses as well as their uncertainty about whether they're prepared for the new industrial revolution.

US Crude Tumbles, Widening Brent's Premium To 3-Year High
Thursday, May 31, 2018 US oil fell nearly 2%, despite a larger-than-expected decline in US crude inventories.

Report: Hiring and Salary Outlook for E&P is Positive
Wednesday, May 30, 2018 Recruiting specialist remarks on the current hiring climate for exploration and production workers and discusses their income potential.

OPEC's Barkindo Warns Of Underinvestment In Global Oil Industry
Wednesday, May 30, 2018 The global oil industry should ramp up investment to ensure it can cope with future consumption growth and avoid supply shortages, OPEC Secretary-General Mohammad Barkindo tells a conference in Baku.

Azerbaijan's SOCAR Signs Deals For Caspian Fields With Equinor
Wednesday, May 30, 2018 Azeri state oil company SOCAR and Norway's Equinor sign a risk service contract for the development of the Karabakh offshore oil and natural gas field in the Caspian Sea.

Blockchain Could Bridge Data Divide Between Oil Producers, Pipeline Firms
Wednesday, May 30, 2018 Firm thinks blockchain tech could cut costs, improve transparency and data quality in maintaining crude oil purity standards.

Oil Rebounds With Boost From Dollar as OPEC Output Fears Ease
Wednesday, May 30, 2018 Futures in New York advanced 2.2%, the most in three weeks.

Ideal Employer Survey: The Top 10 National Oil Companies
Tuesday, May 29, 2018 Find out which NOCs Rigzone respondents think are tops.

Azerbaijan Launches Pipeline Project To Turkey, Eyes Europe
Tuesday, May 29, 2018 Azerbaijan launches the first phase of a pipeline project.

COLUMN: OPEC and Russia Best Not Poke the Shale Oil Bear
Tuesday, May 29, 2018 The spread between Brent crude and West Texas Intermediate has reached its widest level in three years.

WTI Falls On Threat Of OPEC Boost, Funds Quit Crude
Tuesday, May 29, 2018 US crude futures fell more than $1 on worries that Saudi Arabia and Russia will pump more crude to boost supplies.

Oil Plunges Most in 11 Months as Saudis Hint Taps Will Open Up
Friday, May 25, 2018 Oil prices fell the most in 11 months in New York as Saudi Arabia said it expects OPEC and its partners to boost supplies.

Three Drilling Contractors Advance in Rigzone Employer Survey
Thursday, May 24, 2018 Three drilling contractors posted year-on-year gains in the ranking for that industry group in Rigzone's 2018 Ideal Employer Survey.

ExxonMobil CEO's Solution on Shares: Drill Big, Drill Better
Thursday, May 24, 2018 Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil from its share-price slump.

BLOG: Connectivity Threatens to Hinder IoT in Energy Sector
Thursday, May 24, 2018 While the energy industry pushes forward with newer technologies, there do lie some challenges.

Oil Slips Further Below $80/Bbl On Talk OPEC May Lift Output
Thursday, May 24, 2018 Oil prices fell about $1, with expectations building that reduced supplies from Venezuela and Iran could prompt OPEC to wind down output cuts.

The $100 a Barrel Oil Wager Comes Back to the Options Market
Wednesday, May 23, 2018 Talk that prices could top that barrier over the next 12 months is gaining traction.

Turkmenistan Says Close To Securing TAPI Pipeline Financing
Wednesday, May 23, 2018 Turkmenistan plans to secure within a few months all the necessary funding to complete the construction of an $8B natural gas pipeline to Afghanistan, Pakistan and India.

Oil Falls On Shock US Stock Builds, OPEC Supply Worries
Wednesday, May 23, 2018 Oil benchmarks fell after an unexpected build in US crude and gasoline inventories.

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