Gulf of Mexico News


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Oil, Gas Majors to Boost Renewable Spend
Friday, January 12, 2018 Oil and gas majors will continue to strengthen investment into renewable energy and low carbon technology through 2018.

Oil Crosses $70 Threshold in London as Worldwide Glut Dwindles
Thursday, January 11, 2018 Oil briefly topped $70 a barrel in London for the first time in three years.

OPEC's Cheer Over 2018 Oil Rally Tinged By Shale Worries
Tuesday, January 09, 2018 Oil's price rally this year to its highest since May 2015 may seem a source of glee for OPEC.

OPEC's Oil Cuts Claim a Victim as Supertanker Earnings Crash
Tuesday, January 09, 2018 OPEC's strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry's supply chain.

Investors Sense Opportunities In Big Oil - But Mind The Gap
Friday, January 05, 2018 Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

Why I Returned to the Oilfield...
Thursday, January 04, 2018 Oil and gas workers detail their journeys exiting - and coming back - to the industry.

Rig Trends: Offshore Rig Fleet Poised for Comeback, but More Time is Needed
Thursday, January 04, 2018 Most of the 2018 indicators are positive, and should they shake out as predicted, the second-half of next year could finally be the start of a true recovery.

Oil, Gas Outlook: M&A, Asset Development Key to Future Growth
Wednesday, January 03, 2018 Argo Consulting's Alan Free discusses where the silver lining may be for oil and gas in 2018.

Moody's Sees Oil Prices At $40-$60 Per Barrel This Year
Tuesday, January 02, 2018 Moody's Investors Service expects oil prices in the range of $40 to $60 per barrel in 2018.

2018 Outlook: Survey Reveals Industry's Outlook on Oil Prices, Jobs
Tuesday, January 02, 2018 Rigzone readers share their outlooks on some of the most pertinent issues affecting the oil and gas industry.

What to Watch for in the Downstream in 2018
Tuesday, January 02, 2018 Expert panel offers 2018 outlook for refining, petchems, LNG and more.

Top 5 Articles by Rigzone Staff in 2017
Friday, December 29, 2017 Rigzone reveals some of its most-read articles written by staff in 2017.

Top Rigzone-Staff Picks for 2017
Thursday, December 28, 2017 Rigzone's editors highlight articles they've particularly enjoyed writing in 2017.

The 2017 Downstream Countdown: 10 to 6
Thursday, December 28, 2017 Find out which countries were vying for the top LNG exporter spot in 2017.

Five Oil Signals to Watch as 2018 Pits OPEC Against Shale
Thursday, December 28, 2017 Oil traders are going to have their work cut out for them in 2018.

The 2017 Downstream Countdown: 15 to 11
Wednesday, December 27, 2017 Here's a recap of the top downstream articles on Rigzone in 2017, starting with numbers 15 through 11.

What Has Made 2017 Memorable in the Downstream?
Friday, December 22, 2017 They're not stand-up comics, but these folks know a thing or two about downstream highlights.

Global Conventional Discoveries Hit Record Low
Friday, December 22, 2017 Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent.

GMG Launches New Oil & Gas Services Business Unit
Friday, December 22, 2017 Engineering services company Global Marine Group launches Global Offshore, a new business unit that will deliver trenching and power cable laying services to the oil and gas sector.

BLOG: Wrapping Up a Year of Oil Price Predictions
Thursday, December 21, 2017 Volatility is the name of the game for oil prices, and in this end-of-year wrap-up, Rigzone shows the ups and downs that were present in this year’s predictions.

Rigzone Survey Finds Downstream Hiring Hot Spots for 2017, 2018
Thursday, December 21, 2017 Survey participants also reveal where jobs should be most plentiful in the downstream next year.

The 2017 Downstream Countdown: The Final Five
Thursday, December 21, 2017 Presenting, Rigzone's top five downstream articles for the past year.

One Dead, Output Shut After Accident At Norway's Tambar Oilfield
Friday, December 08, 2017 One person has been confirmed dead following an accident on Thursday on a Maersk-owned drilling rig at Aker BP's Tambar oilfield off Norway.

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.

Offshore US Oil Firms Talos, Stone Energy Plan $2.5B Merger
Tuesday, November 21, 2017 Talos Energy and Stone Energy announced plans to merge and create a new company.

About 75,000 Bpd Of Gulf Oil Output Still Shut After Shell Fire
Wednesday, November 15, 2017 A combined 75,206 barrels per day of oil and 215,122 million cubic feet per day of natural gas production are shut-in.

Shell Enchilada Oil Platform In Gulf Of Mexico Shut After Fire
Wednesday, November 08, 2017 Shell shut its Enchilada platform in the US Gulf of Mexico after an operational incident that caused injuries to two people.

BOEM Plans Biggest GOM Lease Sale Ever
Tuesday, October 24, 2017 BOEM proposes lease sale for nearly 77 million acres in Gulf of Mexico.

Oil Barge Explosion Off Texas Kills One, Fire Now Out
Friday, October 20, 2017 At least one person was killed and another was missing on Friday after an oil barge being pulled by a tug boat caught fire and exploded.

BSEE: About 20% US Gulf Oil Output Offline Due To Hurricane Nate
Thursday, October 12, 2017 About 20% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate, BSEE says.

BSEE: About 32.7% US Gulf Oil Output Offline Due To Hurricane Nate
Wednesday, October 11, 2017 About 32.7% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate.

ExxonMobil Says Julia, Hadrian South Operations Back To Normal After Nate
Tuesday, October 10, 2017 ExxonMobil resumes normal operations at its Julia and Hadrian South subsea production systems.

Most US Gulf Oil Output Offline Ahead of Tropical Storm Nate
Friday, October 06, 2017 Nate has already pushed nearly three times as much Gulf crude production offline as Hurricane Harvey did in August.

Tropical Storm Nate Threatens Oil Rigs as It Targets U.S. Gulf
Thursday, October 05, 2017 Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage cotton and citrus crops across the U.S. South.

BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters
Monday, October 02, 2017 BHP Billiton is getting closer to drilling its first oil wells in Mexico's deep waters.

BP Restores Power At Thunder Horse Platform After Outage
Wednesday, September 20, 2017 BP restores power at its Thunder Horse platform in the US Gulf of Mexico.

BP's Thunder Horse Platform Shut Temporarily On Power Issue
Tuesday, September 19, 2017 BP halts production at its Thunder Horse platform in the US Gulf of Mexico following a power outage.

Europe's Gasoline Exports Set To Surge On Harvey Outages
Wednesday, August 30, 2017 Gasoline exports from Europe across the Atlantic are set to surge in coming days as traders plug supply gaps caused by Tropical Storm Harvey.

BSEE: More Than 18% Of US Gulf Output Shut In By Harvey
Tuesday, August 29, 2017 More than 18% of oil production in the Gulf of Mexico was shut in on Tuesday due to Harvey, BSEE says.

Gadfly: Hurricanes Katrina, Rita and Harvey Tell Shale's Story
Monday, August 28, 2017 Hurricane Harvey has struck at a time when energy markets appear indifferent to all sorts of traditional stimuli.

Baker Hughes: US Drillers Cut Oil Rigs Ahead Of Hurricane Harvey
Friday, August 25, 2017 US energy firms cut oil rigs for a second week in a row ahead of Hurricane Harvey.

Flooding, Loss of Power Top Texas Refiners' Harvey Worries
Friday, August 25, 2017 The biggest fears for Texas refiners in the path of Hurricane Harvey: floods and power outages.

Hurricane Harvey Strengthens, Threatens Record Flooding in Texas
Friday, August 25, 2017 Harvey became a Category 3 hurricane, the third most powerful, the National Hurricane Center said on Friday.

Fuel Prices Rise, Refineries Shut As US Braces For Hurricane
Thursday, August 24, 2017 US gasoline prices surges to a 3-week high as Hurricane Harvey moves across the Gulf of Mexico and threatens to slam oil refineries in Texas.

Harvey Could Become First Hurricane to Strike Texas Since 2008
Wednesday, August 23, 2017 Harvey has already spurred one refiner to start shutting down a plant and forced workers to be evacuated from Gulf of Mexico platforms.

Oil Producers Signal Offshore Return In Latest Gulf Of Mexico Auction
Wednesday, August 16, 2017 Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million, a nearly seven-fold increase from a year ago.

Franklin To Hit Mexico Oil State As Season's First Atlantic Hurricane
Wednesday, August 09, 2017 Storm Franklin, now a Category 1 hurricane, is set to crash into eastern Mexico's key oil-producing Gulf state of Veracruz.

Malaysia's Petronas Says Awarded Shallow-Water Oil And Gas Block In Mexico
Wednesday, August 02, 2017 Petronas says it has been awarded a shallow-water oil and gas exploration block that it will jointly operate with Ecopetrol in the Mexican portion of the Gulf of Mexico.

Next Mexico Deepwater Oil Tender May Draw from Three Gulf Basins
Tuesday, July 18, 2017 The auction will likely take place in January, although no fixed date has yet been set.

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