Spain's Repsol Agrees To Sell Gas Natural Stake To CVC
Thursday February 22, 2018 - Repsol agrees to sell its 20% stake in Gas Natural to CVC Capital Partners for $4.69 billion, a move that could allow the oil major to restart investment after years of debt reduction.
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OPEC President: We're Not A Secretive Cartel
Thursday, February 22, 2018 OPEC's president says the group is not a secretive cartel.
International Markets to Return to Growth in 2018
Thursday, February 22, 2018 International markets will return to growth in 2018, although at a more moderate pace than North America.
Spain's Repsol Agrees To Sell Gas Natural Stake To CVC
Thursday, February 22, 2018 Repsol agrees to sell its 20% stake in Gas Natural to CVC Capital Partners for $4.69 billion, a move that could allow the oil major to restart investment after years of debt reduction.
Fugro Sees Revenue Stabilising In 2018 As Oil And Gas Market Steadies
Thursday, February 22, 2018 Dutch deep-sea energy prospector Fugro expects revenue to stabilise in 2018 as a result of the steadying oil and gas market.
Oil, Gas Will Account for Over Half of World's Energy by 2040
Wednesday, February 21, 2018 Oil and gas will account for over half of the world's energy by 2040, according to BP's latest Energy Outlook.
Austrian Oil And Gas Firm OMV Plans To Grow Via Takeovers -CEO
Wednesday, February 21, 2018 Austrian oil and gas company OMV aims to grow its business with acquisitions in 2018 and increase its earnings by further cutting costs.
Offshore Oil Recovery Beginning in World's Harshest Environments
Wednesday, February 21, 2018 The improved financial condition for explorers is now emboldening rig contractors to push for better pricing.
Transneft: Russian Oil Product Exports From Black Sea Port 'Collapse'
Wednesday, February 21, 2018 Shipments of oil products from a Russian Black Sea port, hit by a managerial conflict, have 'collapsed,' Transneft says.
Siberian Chill Lifts Gas Enough to Revive LNG Trade in Europe
Wednesday, February 21, 2018 Europe's liquefied natural gas dry spell may end thanks to a surprising cold snap.
OPEC, Russia Said to See Oil Glut Dissipating at a Faster Rate
Tuesday, February 20, 2018 The latest discussions between OPEC and its oil-producer allies concluded that the supply glut is dissipating at a faster pace than previously anticipated.
Maersk Energy Sees Uptick In Offshore Oil Drilling, Profit Still Squeezed
Tuesday, February 20, 2018 Prospects for the offshore oil drilling market are improving but profits for drillers are still under pressure and rates will not rise.
BP Sees Electric Future With Oil Demand Peaking in 2030s
Tuesday, February 20, 2018 The future is electric for BP, though it's not giving up on oil just yet.
TAP Gas Pipeline To Get 1.2B Euros In Loans From EBRD In 2018
Tuesday, February 20, 2018 The European Bank for Reconstruction and Development plans to allocate loans for the Trans-Adriatic Pipeline (TAP) this year.
Croatia's Krk LNG Project Faces Opposition As Investment Decision Looms
Monday, February 19, 2018 Croatia's plans for a floating LNG terminal on the Adriatic island of Krk require a final investment decision by June if it is to hit a 2020 start target.
Eni Holds Out Promise Of Richer Returns As Profits Soar
Friday, February 16, 2018 Eni says it could create 'substantial surplus value' for shareholders in the future after 4Q profits more than double and beat forecasts.
UK Shale Industry Prospects Remain 'Widely Bearish'
Friday, February 16, 2018 Prospects for the UK shale industry remain 'widely bearish', according to oil and gas analysts at BMI Research.
Oil Output Cuts And Electric Car Influx Could Hit Russian Economy
Friday, February 16, 2018 Russia's oil-dependent economy could be hit in 2018 by cuts.
OPEC Considers Moving the Goalposts - Here's Where They Might Go
Friday, February 16, 2018 The 24-country alliance wants to reduce oil stockpiles to their five-year average.
France's GTT Sees Recovery Ahead After Rebound In Orders
Friday, February 16, 2018 GTT says that 2017 saw a rebound in orders for LNG carriers.
Oil Posts a Weekly Rise as Stocks Recover, Dollar Flounders
Friday, February 16, 2018 Oil posted its first weekly increase since last month.
EU Majors Not Committing to Increase Staff Numbers, Despite Profit Boost
Thursday, February 15, 2018 European oil and gas majors are not committing to raise staff numbers in 2018, despite reporting increasing profits.
Big Oil CEOs Appeal to Norway to Back Carbon Capture and Storage
Thursday, February 15, 2018 Three of the world's biggest oil companies called on Norway to help maintain funding for carbon capture and storage technology.
How to Move up the Ladder in Oil, Gas
Thursday, February 15, 2018 Rigzone readers outline the best way to move up the ladder in the oil and gas world.
Kemp: OPEC Pact Likely To Evolve Rather Than Terminate
Wednesday, February 14, 2018 Ministers from OPEC have been anxious to counter speculation about an early end to production curbs.
Russia Says It May Invest in Aramco IPO Via Fund With China
Wednesday, February 14, 2018 Russian banks and a joint Russia-China investment fund are eager to participate in Saudi Aramco's initial public offering.
Russia, Saudis May Go Beyond Oil Alliance With LNG Project
Wednesday, February 14, 2018 Russia and Saudi Arabia are seeking ways to amplify the success they’ve had working together.
Germany's EWE Plans To Cut Groningen Gas Use By 75%
Wednesday, February 14, 2018 EWE plans to sharply reduce its use of gas from the Groningen field in the Netherlands.
Services Firm Kvaerner to Invest Millions in New Norwegian Quay
Tuesday, February 13, 2018 Services firm Kvaerner plans to invest $46.8 million in a new quay at its facility at Stord in Norway.
As KOGAS Goes Into LNG Arbitration, Others May Follow
Tuesday, February 13, 2018 KOGAS' recent move could herald a shake-up of the region's LNG market as other buyers follow suit.
IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.
Med Crude-Baltic Urals And Azeri BTC Diffs Fall On Abundant Supply
Tuesday, February 13, 2018 Urals crude and CPC Blend differentials to dated Brent fall.
Court Filing: Seadrill Nears Comprehensive Restructuring Deal
Monday, February 12, 2018 Rig firm Seadrill is working towards a comprehensive deal with all its creditors that could be concluded this week.
OPEC President Says Shale Won't Thwart Plan to Clear Glut
Monday, February 12, 2018 Surging output of US shale oil won't be a 'huge distorter' of efforts by global crude producers to clear a glut, according to OPEC's president.
Booming Asian Gas Demand Ripples All the Way to Norway
Monday, February 12, 2018 Asia's rapacious thirst for liquefied natural gas is sucking supplies from surprising places.
Gazprom Neft Eyeing New Tax Relief For Novoportovskoye Oilfield
Friday, February 09, 2018 Russia's Gazprom Neft is considering applying to the finance ministry for a profit-based tax for Novoportovskoe, one of its largest fields.
Fred. Olsen Energy Talking To Lenders Over Some Financial Commitments
Friday, February 09, 2018 Rig firm Fred. Olsen Energy is in discussions with its creditors about some of its financial commitments.
ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.
Norwegian Police Investigate 2016 Hydrogen Leak At Statoil Refinery
Friday, February 09, 2018 Norwegian police have launched an investigation into a hydrogen gas leak at Statoil's Mongstad refinery, the company says.
Poland Bets on LNG, Norway Gas as Divorce With Russia Looms
Friday, February 09, 2018 Russia's oldest natural gas buyer is ready to break up after more than 74 years.
How to Create Your Environmental Engineer Resume
Friday, February 09, 2018 Here are some resume tips to help recent college graduates get a job as an environmental engineer.
France's Total Lifts Shareholder Rewards As Profit Jumps
Thursday, February 08, 2018 Higher production drove a 28% rise in net profit at Total last year.
US Gas Drillers Are Missing Out on Asia's Oil-Driven Boom
Thursday, February 08, 2018 If you're pumping natural gas in the US, you're probably missing out on Asia's boom.
BLOG: What Not to Do as a Job Applicant
Thursday, February 08, 2018 Recruiters share some of the wildest things they've heard and experienced from job candidates.
Oil Hits 7-Week Low On Expectations Of Higher US, Iran Output
Thursday, February 08, 2018 Oil prices fall to their lowest in seven weeks.
Statoil Raises Dividend And CAPEX As Oil Sector Picks Up
Wednesday, February 07, 2018 Statoil will raise its dividend, investments and exploration spending in 2018.
'Increasing Signs' of Oilfield Services Recovery
Wednesday, February 07, 2018 There are increasing signs of a recovery in the oilfield services sector, particularly offshore Norway and in the brownfield segment.
Bibby Offshore Secures Greater Dunlin Area Decom Contract
Wednesday, February 07, 2018 North Sea oil and gas operator, Fairfield Energy, awards Bibby Offshore a contract for the subsea infrastructure decommissioning of the Greater Dunlin Area.
Oil World Turns Upside Down as US Sells Oil in Middle East
Wednesday, February 07, 2018 The United Arab Emirates isn't the most obvious customer for Texan oil.
BP's Profits Surge As It Leaves Downturn Behind
Tuesday, February 06, 2018 BP's profits more than doubled in 2017 to $6.2 billion, powered by higher prices and output of oil and gas.
Experts Predict Brent Trends in 2018: A Wrap Up
Tuesday, February 06, 2018 Rigzone outlines the price direction and drivers of Brent crude oil in 2018.
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