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Saudi Prince Wants to Be Known As Oil Price 'Volatility Buster'
Saudi Energy Minister Prince Abdulaziz bin Salman is the most important single person in the oil market today.
8:00 PM EST | July 21, 2021
Analysis Shows Oil and Gas Execs Using More Environmental Buzzwords
The world's biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
8:00 PM EST | July 19, 2021
Oil and Gas Reform Bill Clears Nigeria Parliament
First submitted to parliament in 2008 and conceived at the start of the millennium, the reforms are intended to remove legal and regulatory uncertainty.
8:00 PM EST | July 15, 2021
NOCs to Fill Void as Majors Retreat from Oil and Gas
National oil companies are largely shielded from shareholder pressures.
8:00 PM EST | June 08, 2021
Offshore Brazil Operator Adds Two Wells to Contract
Maersk Developer has secured a firm 120-contract extension. PHOTO SOURCE: Maersk Drilling
8:00 PM EST | June 03, 2021
Is Selling Assets Useless for Cutting GHG Emissions?
Rigzone looks back at oil and gas market hits and misses for the week ending June 4, 2021.
8:00 PM EST | June 03, 2021
Valaris Wins West Africa Drilling Contract
The award secures the DS-12 drillship.
8:00 PM EST | June 01, 2021
Shell Court Decision Emboldens Climate Lawyers
Analyst says the case probably will not affect USA courts, though.
8:00 PM EST | May 26, 2021
Offshore Nigeria Deal May Lead to $10B+ Investment
NNPC concluded agreements with Shell, ExxonMobil, Total, and Eni to create a new production sharing contract.
8:00 PM EST | May 25, 2021
Shell Court Ruling Could Have Ripple Effect for Industry
A Dutch court's ruling could have far-reaching consequences.
8:00 PM EST | May 25, 2021
Total Extends Suriname Drilling Contract
Total has added an appraisal well to the Maersk Developer's work scope. PHOTO SOURCE: Maersk Drilling
8:00 PM EST | May 12, 2021
Chevron Awards GOM Services Contract
Worley will establish a subsea tieback development scheme for the Ballymore field.
8:00 PM EST | May 06, 2021
Total Cements Top Africa Position with Uganda Project
The production work and export pipeline will draw more than $10 billion of investment.
8:00 PM EST | April 11, 2021
South Texas LNG Facility Would Support Sequestration
Check out some of Rigzone's most-viewed downstream-related articles from the past week.
8:00 PM EST | April 03, 2021
Some Freeze Issues Linger for Texas Refineries
Texas’s refining complex is mostly back from February's crippling cold blast.
8:00 PM EST | April 01, 2021
Mercenaries Set to Exit Mozambique
Islamic State-linked insurgents remain in the town closest to the Total-led $20 billion natural gas project.
8:00 PM EST | March 30, 2021
Abu Dhabi Seeks New Oil Benchmark
Abu Dhabi started trading futures contracts for Murban crude, its biggest oil grade, in a bid to create a benchmark for the energy market.
8:00 PM EST | March 28, 2021
Total Suspends Mozambique Work Plans Amid Violence
Dozens of people were said to have been killed in a raid by suspected Islamist militants in Mozambique.
8:00 PM EST | March 28, 2021
Mozambique LNG Contract Goes to ABB
ABB will deliver an end-to-end electrification package for the Total-led project.
8:00 PM EST | March 21, 2021
Are Foreign Oil Firms About to Return to Venezuela?
Maduro claims "Venezuela's doors are open for oil investment."
8:00 PM EST | March 18, 2021
Libya Gets Back on the Oil Map
On Monday, Libya's first unified government in seven years was sworn in.
8:00 PM EST | March 14, 2021
Total Awards North Sea Services Contract
Total's Alwyn platform in the UK North Sea. PHOTO SOURCE: Total E&P UK Limited
7:00 PM EST | February 22, 2021
Frigid Conditions Shut Texas Refineries
The largest oil refineries in North America are shutting down because of Arctic conditions that have disrupted power, water and fuel supplies across Texas.
7:00 PM EST | February 14, 2021
Shell Reports Stable Ops at Deer Park
As frigid temperatures and frozen precipitation continue to bring Southeast Texas to a standstill, area refineries are adjusting operations accordingly.
7:00 PM EST | February 14, 2021
Shell Faces Setback with UK High Court Nigeria Ruling
Thousands of Nigerians can sue Shell in London over environmental damage in the West African nation, the UK's top court said.
7:00 PM EST | February 11, 2021
Majors Get Credit Ratings Downgrades
Have a look back at oil and gas market hits and misses for the week ending Feb. 12, 2021.
7:00 PM EST | February 11, 2021
BP and Total Pay Hefty Premium for Offshore Wind Rights
The winning companies in a UK seabed rights auction will pay about $1.2 billion per year in total for up to a decade to develop the wind farms.
7:00 PM EST | February 07, 2021
Are the Majors Spending Too Much?
Big Oil earnings show an industry still living beyond its means, Bloomberg asserts.
7:00 PM EST | February 03, 2021
Nigeria Independent Seeks to Triple Output from Former Shell Block
Heirs Oil & Gas plans to restore an oil block acquired from Royal Dutch Shell Plc to its former output levels.
7:00 PM EST | February 01, 2021
Will Q4 Earnings Show Worst Is Over for Majors?
The Western world's largest oil explorers are sailing into earnings season on the tailwind of strong commodity prices.
7:00 PM EST | January 26, 2021
Libya Wants Foreign Oil Firms to Fund Infrastructure Repairs
Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect.
7:00 PM EST | January 20, 2021
Woman to Lead New Middle East Oil Firm
Oman's government named Haifa Al Khaifi as head of a new company that controls the country's biggest oil block.
7:00 PM EST | January 20, 2021
Maersk Drilling Firms Up $100MM Contracts with Total
The Maersk Developer is already mobilizing for the 500-day combined campaign. PHOTO SOURCE: Maersk Drilling
7:00 PM EST | January 18, 2021
Mozambique Army Gains Control in Gas-Rich Province
Mozambican President Filipe Nyusi has put the military in charge of combating a growing Islamic State-linked insurgency in the natural gas-rich Cabo Delgado province.
7:00 PM EST | January 17, 2021
Total Drops API Membership
Total reported Friday that it has decided not to renew its membership in the American Petroleum Institute (API) for 2021.
7:00 PM EST | January 14, 2021
Bitcoin Loses to LNG in Price Rally
The North Asian LNG price benchmark has now risen 18-fold in less than nine months, outperforming other commodities -- even Bitcoin.
7:00 PM EST | January 12, 2021
LNG Benchmark Tops $30
A shortage of LNG tankers has also boosted charter rates to a record high.
7:00 PM EST | January 11, 2021
Chevron Makes Promise to Investors
Fresh from overtaking ExxonMobil as North America's biggest oil company, Chevron has a "simple promise" to investors.
7:00 PM EST | December 06, 2020
Schlumberger Unit and ABB Finish Pioneering Test
ABB and OneSubsea team members monitor progress on the VSD and compressor submerged string test. PHOTO SOURCE: ABB
7:00 PM EST | December 01, 2020
Namibia Explorer Expands Offshore Position
Eco (Atlantic) Oil & Gas Ltd. has negotiated the reissuance of all four of its offshore Namibia licenses in the southwest African country's Walvis Basin.
7:00 PM EST | November 30, 2020
Odfjell Drilling Signs Equinor Contracts for At Least 27 Wells
Odfjell Drilling has signed final rig contracts for a pair of previously announced Equinor drilling campaigns.
7:00 PM EST | November 23, 2020
Total Awards Suriname Drilling Contract
Maersk Drilling anticipates a firm total of $100 million from the two-rig contract. PHOTO SOURCE: Maersk Drilling
7:00 PM EST | November 23, 2020
Seadrill Wins GOM Contracts
Seadrill Ltd has added approximately $52 million of backlog following the end of the third quarter of 2020.
7:00 PM EST | November 22, 2020
The Great American LNG Comeback
Recognize this pandemic down year as the anomaly that it is.
7:00 PM EST | November 15, 2020
Tellurian Seeks New Deals for Gulf Coast LNG Project
The report comes just hours after Petronet LNG signaled a plan to invest in Tellurian's Driftwood LNG project is dead.
7:00 PM EST | November 12, 2020
Oxy Pivots to Net Zero Path
Occidental Petroleum Corp. became the first major US oil producer to aim for net zero emissions from everything it extracts and sells.
7:00 PM EST | November 10, 2020
Abu Dhabi to Open Futures Exchange for Murban Crude
By selling its crude through futures, Abu Dhabi will let the market determine the price.
7:00 PM EST | November 08, 2020
Pop Star Seeks Presidency of Emerging African Oil Producer
Uganda, largely a farming nation and Africa's biggest coffee exporter, is on the cusp of becoming an oil producer.
7:00 PM EST | November 02, 2020
Chevron Stuns Analysts with Earnings Surprise
Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven collapse in crude demand.
8:00 PM EST | October 29, 2020
BP Ekes Out Surprise Profit
BP Plc used a surprise third-quarter profit to reassure investors that it was on the road to recovery, while also warning that it would be a long journey.
8:00 PM EST | October 26, 2020