Storm Beta Floods Texas Coast
Tuesday September 22, 2020 - Tropical Storm Beta is flooding southeastern Texas as it grinds along the coast.
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Justin Bieber Highlights Oil Pain
Wednesday, September 23, 2020Justin Bieber, one of the world's best-selling music artists, has highlighted the pain of oil industry layoffs in his latest music video.
Oil Rises with Equities Advancing
Wednesday, September 23, 2020Oil edged higher as positive European manufacturing data and rising equity markets gave some respite to recent demand worries.
NES and Fircroft Combine
Wednesday, September 23, 2020NES Global Talent has revealed that it will combine with the Fircroft Group.
Shell and Microsoft Embark on New Alliance
Wednesday, September 23, 2020Shell and Microsoft are embarking on a new strategic alliance to support progress towards a world with net-zero emissions.
Chevron Asks Employees to Delete WeChat
Wednesday, September 23, 2020Chevron Corp. has asked its global employees to remove WeChat from their work phones.
Odfjell Drilling Wins Aker BP Contract
Wednesday, September 23, 2020Aker BP has awarded additional work for Odfjell Drilling's Deepsea Stavanger semi-submersible rig.
Morrison to Decommission Six GOM Structures
Wednesday, September 23, 2020Morrison has won a decommissioning project in the shallow waters of the Gulf of Mexico (GOM).
Feds Indict Former Oil Trader in Ecuador Bribery Probe
Wednesday, September 23, 2020A former manager at the world's largest independent oil-trading firm, was indicted for allegedly bribing Ecuadorian government officials to get business for his firm with state-owned Petroecuador.
Libya NOC to Reopen Third Oil Port
Wednesday, September 23, 2020Libya's state oil company reopened another port, the third to resume operation in less than a week, as a political truce takes hold.
Gas Bulls Eye Winter Rally
Wednesday, September 23, 2020After benchmark US natural gas prices tumbled 22% in the past week, you could be forgiven for thinking that traders would be gloomy.
Trading Exec Conveys Ominous Forecast for OPEC+
Wednesday, September 23, 2020"We do not need the extra oil," said the head of commodities trader Mercuria Energy Group.
Oil Holds Losses Amid Deteriorating Demand Outlook
Tuesday, September 22, 2020Oil held losses in Asia after plunging the most in almost two weeks amid signs a resurgent coronavirus could lead to more lockdowns.
BP In Stonewall Top Global Employers List
Tuesday, September 22, 2020BP plc (NYSE: BP) has made it onto Stonewall's 2020 Top Global Employers list.
5G Won't Have Significant Oil Role Anytime Soon
Tuesday, September 22, 2020Analysts at Fitch Solutions Country Risk & Industry Research do not expect 5G to have a significant role in oil and gas operations in the next five years.
Storm Beta Floods Texas Coast
Tuesday, September 22, 2020Tropical Storm Beta is flooding southeastern Texas as it grinds along the coast.
Repsol Selects Drilling Contractor for Mexico Campaign
Tuesday, September 22, 2020Stena Drilling has signed a new contract with Repsol and others to provide a drillship for a 2021 offshore Mexico drilling campaign.
Six Countries Form Mediterranean Gas Group
Tuesday, September 22, 2020The body will be based in Cairo and focus on "strengthening regional cooperation," according to a statement.
Europe Winter Model Suggests Potential Rise in Gas Demand
Tuesday, September 22, 2020December could usher in cooler temperatures across Europe, bucking a recent winter warming trend.
Exxon North Sea Retreat Could Yield Gain for Sinopec
Tuesday, September 22, 2020China Petroleum & Chemical Corp. (Sinopec), Kuwait Foreign Petroleum Exploration Co. and EnQuest Plc reportedly are bidders for the North Sea assets.
Iranian Tanker Loads Venezuelan Crude
Tuesday, September 22, 2020After defying US sanctions by shipping a cargo of oil condensate to Venezuela just last week, Iran is using the same ship to help the Latin American country export its crude.
Oil Prices Get Bump from Equities Rebound
Tuesday, September 22, 2020Oil recovered from the steepest one-day loss in almost two weeks as equities advanced.
Oil Down After Best Week Since June
Monday, September 21, 2020Oil declined in Asia following its biggest weekly gain since June as a stubbornly persistent coronavirus and a lack of clarity over the global energy demand recovery tempered investor optimism.
Jet Fuel Finds Once Unthinkable Home
Monday, September 21, 2020The fuel that powers passenger planes is normally among the most expensive oil products.
Oil Market Eyes Pressure from Tropics and Saudi Arabia
Monday, September 21, 2020Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
$200MM Oxy Cash Payout Suggests Growing Confidence
Monday, September 21, 2020Oxy will pay approximately $200 million in dividends on preferred shares to Berkshire Hathaway in cash rather than common stock.
Poirier to Succeed Girling at TC Energy
Monday, September 21, 2020Keystone XL became the central drama of Girling's time at the helm of TC Energy, formerly known as TransCanada Corp.
Oil Prices Fall Amid Broad Selloff
Monday, September 21, 2020Oil declined the most in almost two weeks.
OPEC Member Resorts to Desperate Measure
Sunday, September 20, 2020Here's a review of stories that Rigzone's downstream readers found interesting this past week.
Permian in for Bright Future and More
Saturday, September 19, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Baker Hughes Reveals US Rig Gain
Saturday, September 19, 2020The US rotary rig count rose this past week.
Bakken Refiner Wins Another Court Battle
Friday, September 18, 2020The developer of a greenfield refinery in North Dakota has scored a victory in the state's high court.
Oil Set for Best Week Since June
Friday, September 18, 2020Oil is poised for its biggest weekly advance since early June with Saudi Arabia ratcheting up the pressure on OPEC+ members to adhere to the group's production cuts amid signs demand is faltering.
Maersk Drilling Announces Ambitious Climate Goal
Friday, September 18, 2020Maersk Drilling (CPH: DRLCO) announced Friday that it has set an 'ambitious' target of halving the intensity of CO2 emissions from its drilling operations by 2030.
Wintershall to Rely on Flexible Working
Friday, September 18, 2020Wintershall Dea has revealed that it will rely on flexible working even after the Covid-19 pandemic subsides.
Wood Snags $42MM Onshore Norway Contract
Friday, September 18, 2020Wood executed the front-end engineering design phase last year. PHOTO SOURCE: Øyvind Sætre/Gassco
Violence Creeps Toward $20B Mozambique LNG Project
Friday, September 18, 2020Total SE CEO Patrick Pouyanné and Mozambican president Filipe Nyusi met to discuss an intensifying Islamic State-linked insurgency.
Hedge Fund That Profited from Oil Crash Eyes Biden Win
Friday, September 18, 2020A hedge fund betting on the decline of fossil fuels has made a 25% gain this year after oil's historic crash sent energy stocks plummeting.
Some Producers Setting Records Despite Low Drilling Levels
Friday, September 18, 2020Check out this review of oil market hits and misses for the week ending Sept. 18, 2020.
Light Crude Ends Week Above $41
Friday, September 18, 2020Saudi Arabia's warning to OPEC+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June.
Oil Drops With Strong Dollar
Thursday, September 17, 2020Oil dropped below $40 a barrel with a stronger dollar after the biggest surge since June.
More US GOM Production Comes Offline
Thursday, September 17, 2020More U.S. Gulf of Mexico oil and gas production has come offline in response to Hurricane Sally.
Diesel Stockpiles Threaten Price Recovery
Thursday, September 17, 2020The oil market has a diesel problem and it's not letting up.
NOIA Reveals Offshore Safety Award Winners
Thursday, September 17, 2020The National Ocean Industries Association (NOIA) on Wednesday identified its Safety in Seas (SIS) award recipients for 2020.
Dakota Access Shutdown Unlikely Through December
Thursday, September 17, 2020The Dakota Access oil pipeline is poised to stay in service at least through December under a new court schedule, assuming the Trump administration doesn't force a shutdown.
Saudi Prince Calls for End to OPEC+ Cheating
Thursday, September 17, 2020The Saudi energy minister gave a forceful condemnation of cartel members that try to get away with pumping too much crude.
Activist Groups Threaten Arctic Drilling Backlash
Thursday, September 17, 2020Environmental and indigenous groups are warning major energy companies of a backlash if they participate in a US government auction of Arctic refuge drilling rights.
Oil Prices Get Boost from Saudi Call for Compliance
Thursday, September 17, 2020Oil posted its largest three-day advance since May.
Petrobras Eyes Its Next Buzios FPSO
Wednesday, September 16, 2020Petrobras and SBM Offshore confirmed that they have begun negotiations for the FPSO Almirante Tamandare.
Oil Up On Weaker Dollar And Declining Stockpiles
Wednesday, September 16, 2020Oil extended gains, buoyed by a weaker dollar and a surprise drop in U.S. crude stockpiles.
IEA Revises Oil Demand Forecasts
Wednesday, September 16, 2020Oil demand in 2020 will decline by 8.4 million barrels per day, according to the International Energy Agency's latest oil market report.
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