Results 50 articles shown
USA Oil, Gas Hiring Remains Disciplined
U.S. oil and gas hiring 'remains disciplined, not aggressive', Brian Binke, the President and CEO of Michigan based the Birmingham Group, told Rigzone.
11:31 AM EST | March 12, 2026
USA Eyes Hormuz Escorts by April
The U.S. Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.
11:11 AM EST | March 12, 2026
Average USA Gasoline Price Nears $3.6 Per Gallon
The average regular gasoline price in the U.S. is $3.598 per gallon as of March 12, according to the AAA Fuel Prices website.
10:02 AM EST | March 12, 2026
ExxonMobil Seeks to Move Legal Address to Texas
'We believe Texas legislators, judges and juries that are more familiar with our business are more likely to provide legal certainty'.
9:00 AM EST | March 12, 2026
Oman Evacuates Oil Port as Ships Hit in Gulf
Two crude tankers were hit in Iraqi waters and Oman's key oil export terminal was evacuated, as risks to global energy supply from the Middle East war deepened.
6:50 AM EST | March 12, 2026
Oil Market Shrugs Off 400MM Barrel IEA Reserve Release
'Threats to the energy structure in the Middle East have kept oil prices bid', Aaron Hill, Chief Market Analyst at FP Markets, said.
6:16 AM EST | March 12, 2026
Eni Signs Up for 15-Year Biomethane Supply from France
Eni's Plenitude and Seya Group's Methagora signed an agreement under which Italy's Eni will buy 50 gigawatt hours per year of biomethane over 15 years from Methagora's French production.
4:26 AM EST | March 12, 2026
Equinor Proves More Oil and Gas around Sleipner, Troll
Equinor discovered more oil, gas and condensate on Norway's side of the North Sea, with plans to extract the resources via existing infrastructure in the Sleipner and Troll areas.
3:23 AM EST | March 12, 2026
EIB to Shell Out $87B in Clean Energy Financing over 3 Years
The European Commission adopted a new Clean Energy Investment Strategy under which the European Investment Bank is expected to roll out EUR 75 billion over the next three years.
3:00 AM EST | March 12, 2026
Refiners Hold Off Buying Oil as Prices Surge
Refiners are beginning to balk at eye-watering premiums on available oil barrels.
4:00 PM EST | March 11, 2026
Crude Settles Higher as Conflict Grows
Oil climbed sharply as traders focused on supply disruptions from the Iran conflict despite a massive global reserve release.
3:39 PM EST | March 11, 2026
IEA to Release Record 400MM Barrels From Oil Reserves
The International Energy Agency agreed to discharge 400 million barrels from emergency oil reserves.
12:54 PM EST | March 11, 2026
North America Drops 8 Rigs WoW
North America dropped eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.
12:43 PM EST | March 11, 2026
Uniper Proposes Resumption of Dividend Payments
'Our earnings base is now stable and normalized'.
11:53 AM EST | March 11, 2026
Wood Now Part of Sidara
The Aberdeen-based energy and industrial engineering and consulting company remains 'a standalone business while benefiting from Sidara's global scale and long-term owner-operator mindset', Sidara said.
10:44 AM EST | March 11, 2026
EIA Boosts Brent Forecast in Wake of Iran Conflict
The U.S. Energy Information Administration increased its Brent spot price forecast for 2026 and 2027 in its latest short term energy outlook.
7:59 AM EST | March 11, 2026
Repsol Focuses on US for Short-Term Upstream Growth
The Spanish energy company has allotted around 80 percent of its planned EUR 2.6-3 billion investment in upstream activities in 2026-28 to the U.S.
7:02 AM EST | March 11, 2026
War Creating Most Severe Energy Disruption Since 1970s
The escalating war between the U.S., Israel, and Iran is creating the most severe disruption to global energy markets since the 1970s, GlobalData said.
6:16 AM EST | March 11, 2026
Indian Refiners Buy 30MM Barrels of Russian Oil after US Waiver
Indian refiners have bought about 30 million barrels of Russian oil since the U.S. provided a green light for purchases to help the country cope with a shortfall of Middle Eastern supply, according to people with knowledge of the deals.
4:05 AM EST | March 11, 2026
Qatar Assures EU on Energy Security amid Mideast War
'Qatar underlined its commitment to remain a reliable energy supplier and looked forward to continuing and strengthening its long-standing energy cooperation with the EU', the European Commission said.
4:00 AM EST | March 11, 2026
Oil Drops Most Since 2022 on Hormuz Chaos
Oil prices plunged after conflicting US signals about tanker escorts through the Strait of Hormuz rattled markets.
4:11 PM EST | March 10, 2026
Aramco CEO Warns of Oil Market Catastrophe in Prolonged War
Saudi Aramco's chief executive officer warned the impact on global oil markets will be 'catastrophic' the longer the disruption from the Iran war drags on.
4:00 PM EST | March 10, 2026
DOI Moves to 'Cut Red Tape' for Offshore Oil, Gas
'For too long, Washington red tape has strangled American energy producers and held back small businesses', Interior Secretary Doug Burgum said.
11:31 AM EST | March 10, 2026
Gulf Oil Giants Deepen Cuts
Oil supply cuts in the Middle East are deepening.
11:00 AM EST | March 10, 2026
Phillips 66 Names 2 Board Members after Elliott Negotiations
'While more work must be done, we note the team's focus on execution, capital return and the actions to enhance the company's advantaged mid-continent position', partners at Elliott said.
10:33 AM EST | March 10, 2026
Woodside, Pemex Start Drilling for Trion Development Project
Targeted to be put into production 2028, the $7.2-billion 'ultra-deepwater' project includes a floating production unit with an output capacity of 100,000 barrels a day.
9:40 AM EST | March 10, 2026
Sparta CEO Says 'Products, Not Crude, Are the Real Story'
'While crude has grabbed headlines, the extreme price action is in refined products and particularly middle distillates', Sparta Commodities CEO Felipe Elink Schuurman said.
8:30 AM EST | March 10, 2026
Shell Sells Part of US Lubes Business to Monomoy for $1.3B
'By capitalizing on a strong market opportunity, this divestment allows us to monetize an asset that is not central to Shell's lubricants portfolio in the U.S. and reinvest in opportunities that generate higher returns'.
7:09 AM EST | March 10, 2026
Market Spinning After 'Most Epic Price Reversal in Oil History'
The market is spinning after the most epic price reversal in oil history, Phil Flynn, a senior market analyst at the PRICE Futures Group, told Rigzone on Tuesday.
7:02 AM EST | March 10, 2026
Trump Teases Early End to Iran War
Trump said the U.S. and Israel were making significant progress in their war on Iran and could end the conflict 'very soon,' curtailing an oil-price surge.
4:43 AM EST | March 10, 2026
Aramco Raises Dividend, Launches $3B Buyback
The increase in investor returns comes despite declines in net profit for the fourth quarter and full-year 2025 driven by lower crude oil prices, partly offset by higher crude sales volumes.
4:32 AM EST | March 10, 2026
Oil Slides Late After Massive Price Swings
Oil swung wildly Monday as fears over the Strait of Hormuz collided with signals the US-Iran conflict may soon wind down.
4:27 PM EST | March 09, 2026
Iran Names New Supreme Leader as Trump Downplays Oil Spike
Iran named the son of the late Ayatollah Ali Khamenei as its new supreme leader and President Donald Trump called $100 oil a 'small price to pay'.
11:14 AM EST | March 09, 2026
USA Crude Oil Stocks Rise Week on Week
Crude oil stocks, not including the SPR, stood at 439.3 million barrels on February 27, according to the EIA's latest weekly petroleum status report.
11:04 AM EST | March 09, 2026
Saudi Arabia Starts Oil Cuts
Saudi Arabia has started reducing oil production as the crucial Strait of Hormuz chokepoint remains at a near-standstill.
10:00 AM EST | March 09, 2026
Santos Greenlights Cooper Basin Infrastructure Upgrade
The project will replace seven aging gas-run compressor stations with one electric compressor station to 'debottleneck upstream infrastructure and unlock future production growth' from the Central Fields.
9:22 AM EST | March 09, 2026
Resource Estimates for Chevron's Aphrodite Raised
The best estimate of contingent gas resources on Cyprus' side of the field, located on the maritime border with Israel, has increased about 4 percent to 3.67 Tcf, according to a commissioned assessment.
8:14 AM EST | March 09, 2026
Attention Shifting to Kharg Island
'The island has evolved into the backbone of Iran's export system', J.P. Morgan analysts stated.
8:03 AM EST | March 09, 2026
Valero Offers $850MM Debt Instrument Sale
Part of proceeds from the offering of senior notes, due 2036 with a 5.15 percent interest, will be used to refinance existing debt.
6:26 AM EST | March 09, 2026
Analyst Flags 'Incredible' Oil Price Moves
'These are just incredible moves', Aaron Hill, Chief Market Analyst at FP Markets, said.
5:23 AM EST | March 09, 2026
Iberdrola Seals Acquisition of 242 MW Wind Farm in Victoria
The Spanish power and gas utility has expanded its Australian presence to five states.
3:59 AM EST | March 09, 2026
Bapco Invokes Force Majeure
Bahrain's main energy company, which operates the island nation's only oil refinery, declared force majeure on operations that have been impacted by the ongoing war in the Middle East.
3:45 AM EST | March 09, 2026
Monumental Starts Up First Project under New Partnership with NZEC
The Ngaere-1 well in the Waihapa-Ngaere area of the Taranaki basin onshore New Zealand reached initial production, Monumental said, taking the results as encouragement to proceed with entry into additional wells in the area.
7:00 PM EST | March 07, 2026
Petrobras Tops Estimates
Brazil's state-controlled oil producer Petrobras surpassed profit expectations after robust oil production and record exports helped cushion the impact of weaker crude prices.
7:00 AM EST | March 07, 2026
Analyst Explains Friday's Oil Price Rise
Rigzone talks to Rebecca Babin, a senior equity trader for CIBC Private Wealth in New York.
10:56 AM EST | March 06, 2026
JMIC Says Strait of Hormuz Shipping is at Near Total Halt
Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going through in the past 24 hours.
9:30 AM EST | March 06, 2026
War Sees Energy Exporters Scramble for Routes Out of Gulf
The widening conflict in the Middle East is stoking fears over a global energy crunch.
9:23 AM EST | March 06, 2026
Equinor, Wellesley Tie Up for Norwegian Exploration
'Both companies recognize the challenge of declining production on the NCS in the coming decade'.
8:23 AM EST | March 06, 2026
Analysts See 'Significant Yet Short Lived' Oil Price Rallies
Analysts at BMI, a Fitch Solutions company, revealed that they expect 'significant yet short lived rallies in oil and gas prices'.
7:22 AM EST | March 06, 2026
Chevron Inks 5-Year Deal to Supply Aussie Gas to Horizon Power
Chevron signed an agreement to supply about 14 petajoules of locally produced natural gas over five years to Horizon Power, a power utility serving Western Australia.
7:21 AM EST | March 06, 2026
Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles
for this category, region, and date range combination.For more articles,
please perform an Advanced Article Search.