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$6B Project with Up to 8,000 New Jobs Sanctioned
Friday, April 19, 2019 The steering committee for the offshore Azerbaijan ACG field has sanctioned the next stage of the development.
Oil, Gas Leaders Combat Labor and Sex Trafficking Boom
Friday, April 19, 2019 NOV exec outlines what oil and gas pros can do to help human trafficking victims break free.
It's Film or Fall Behind For the Oil, Gas Industry
Friday, April 19, 2019 Five ways video content is key for attracting top talent in energy.
Oil Heads for Weekly Loss
Thursday, April 18, 2019 Oil heads for its first weekly drop since early March as uncertainty over the future of global producer curbs, Iranian exports and U.S. inventories kept investors on edge.
The Largest Challenge to Permian Field Development
Thursday, April 18, 2019 From sourcing to disposal, water is becoming the largest challenge to field development in the Permian Basin.
Perry Is Said to Plan Energy Secretary Exit
Thursday, April 18, 2019 Energy Secretary Rick Perry is planning to leave the Trump administration and is finalizing the terms and timing of his departure, according to two people familiar with his plans.
US Drops 10 Oil and Gas Rigs
Thursday, April 18, 2019 This week's rig count saw declines of eight oil rigs and two gas rigs for a net loss of 10.
Crude Oil Settles Higher
Thursday, April 18, 2019 Meanwhile, Henry Hub natural gas fell for the fourth straight trading day.
Focus On: OPEC
Oil Rises Toward 5-Month High
Wednesday, April 17, 2019 Oil rose toward a 5-month high after an industry report signaled an unexpected drop in U.S. crude inventories last week, adding to the picture of a tightening global market.
Industry-Threatening Colorado Bill Signed into Law
Wednesday, April 17, 2019 Colorado Governor Jared Polis has signed Senate Bill 181 into law.
Oil Stocks Must Win Over Gen Z Investors
Wednesday, April 17, 2019 Generation Z has precious little love for oil and gas stocks, but winning over these younger investors will be essential for the sector's future, Barclays Plc analysts say.
Big Changes May Be in Store for Alberta Energy Industry
Wednesday, April 17, 2019 Alberta's newly elected premier vowed to fight harder for the Canadian province's beleaguered energy industry.
Crude Oil Futures Waver
Wednesday, April 17, 2019 Oil was little changed as investors digested a report that showed U.S. crude and gasoline supplies shrinking less than forecast.
Oil Prices Edge Downward
Wednesday, April 17, 2019 All but one of the benchmarks Rigzone tracks ended the day lower.
Iran Oil Buyers Stay on Sidelines
Tuesday, April 16, 2019 The biggest buyers of Iranian oil are said to be putting their purchases on hold as they wait to see whether the White House will extend waivers allowing them to keep buying the crude.
'Sexual Playthings': Anadarko's Denver Office Has #MeToo Moment
Tuesday, April 16, 2019 A letter to Anadarko by a former female employee describes a toxic culture in the satellite office, where 550 of the company's 4,700 employees work, and where she said sexual harassment wasn't punished.
OPEC's Production Cuts Success At Risk with $80 Oil
Tuesday, April 16, 2019 After reviving oil prices through production cutbacks, OPEC now risks squandering its victory again by letting crude surge too high.
Oil Prices Up Despite Storm Clouds
Tuesday, April 16, 2019 The WTI and Brent both finished higher Tuesday despite dark clouds forming in the oil market.
Oil Rally Takes a Breather
Monday, April 15, 2019 Oil started the week on a softer note after completing its longest run of weekly gains in three years.
Chevron-Anadarko Deal Will Shake Up US Upstream
Monday, April 15, 2019 Chevron Corporation's deal to acquire Anadarko Petroleum Corporation will shake up the U.S. upstream sector.
Iran Peddling 1MM Barrels of Oil Again
Monday, April 15, 2019 The Iran Energy Exchange is offering another million barrels of light crude.
Potential Buyers Emerge for Chevron's North Sea Fields
Monday, April 15, 2019 The winner would gain a major production boost in a region that is increasingly being run by smaller independent companies.
Oil Prices Down Amid Epic Battle
Monday, April 15, 2019 In one corner, it's U.S. producers. In another corner, it's OPEC+.
Oil Heads for Longest Weekly Rally Since 2016
Friday, April 12, 2019 Oil heads for its longest weekly winning streak since 2016 as supply disruptions in Libya and Venezuela persist at a time when the OPEC+ coalition is showing record compliance with its pledged output cuts.
Retaliation Risks from NOPEC Bill Exaggerated
Friday, April 12, 2019 A report commissioned by proponents of U.S. anti-OPEC legislation said that fears of retaliation by the oil cartel are overblown.
WCSB Sees Company Count Shrink from 2014-18
Friday, April 12, 2019 The number of active companies with reported production in the Western Canadian Sedimentary Basin shrunk by almost 17.5 percent between 2014 and 2018, XI Technologies Inc has revealed.
Chevron Buys Anadarko
Friday, April 12, 2019 Chevron Corp agrees to buy Anadarko Petroleum Corp in a $33 billion bet on shale oil and liquefied natural gas.
Chevron Expands Elite Group with Anadarko Deal
Friday, April 12, 2019 Rystad Energy expects Chevron will eclipse ExxonMobil in Permian production.
Activity Flat for US 10th Dist. Energy Firms in 1Q 2019
Friday, April 12, 2019 Energy activity for the U.S. Tenth District was flat in the first quarter of 2019, according to results from the Kansas City Fed's quarterly energy survey.
US Has Net Loss of Three Rigs
Friday, April 12, 2019 The nation added two oil rigs and dropped five gas rigs.
Oil Prices End the Week Higher
Friday, April 12, 2019 Price movements were positive again for the WTI and Brent benchmarks.
Thursday, April 11, 2019 Oil retreated from a 5-month high as an increase in U.S. crude inventories to the highest since late 2017 overshadowed OPEC's efforts to reduce production.
Industry Reaction to Trump's Executive Orders
Thursday, April 11, 2019 Industry associations react positively to President Donald Trump's executive orders signed yesterday.
IEA Says Oil Market Tightening
Thursday, April 11, 2019 Global oil markets are tightening as OPEC supply falls, the International Energy Agency said, while warning it could lower demand forecasts because of economic threats.
Oil Prices Backtrack
Thursday, April 11, 2019 The oil market giveth and the oil market taketh away.
Brazil to Pay Petrobras $9B
Wednesday, April 10, 2019 Brazilian oil giant Petrobras will get $9.06 billion to settle a deep-water contract dispute with the government.
Oil Shrugs Off Putin and IMF to Edge Higher
Wednesday, April 10, 2019 Oil edged higher as speculation that supplies will tighten outweighed Russian caution on output cuts and the International Monetary Fund downgrading its global growth forecasts.
Oil Expected to Average $76+ For the Rest of 2019
Wednesday, April 10, 2019 Analysts at Fitch Solutions Macro Research are sticking to their forecast for Brent crude to average $73 per barrel this year.
Crude Oil Crosses Threshold
Wednesday, April 10, 2019 The Brent posted a more impressive gain that the WTI during midweek trading.
Trump Signs Executive Orders to Boost Oil, Gas Industry
Wednesday, April 10, 2019 The orders make it harder for states to block pipelines and other energy projects.
Brexit Deal Would be Best Result for Oil, Gas
Tuesday, April 09, 2019 A deal with the EU could still happen, although a no-deal Brexit is also a realistic possibility.
Oil Holds Gains
Tuesday, April 09, 2019 Oil held gains near the highest since late October as an escalation of geopolitical conflicts in Libya and Iran belied technical indicators suggesting the rally is overdone.
Inventories Still Significantly Above Normal Level
Tuesday, April 09, 2019 Inventories are still significantly above what the Saudi Energy Minister would consider a normal level.
Canada Could Lose 12,500 Oil, Gas Jobs in 2019
Tuesday, April 09, 2019 A new report by PetroLMI forecasts that Canada's oil and gas industry is at risk of losing 12,500 jobs this year.
Oil Prices Retreat
Tuesday, April 09, 2019 The WTI fell below $64 while the Brent remained above $70.
Oil Extends Rally
Monday, April 08, 2019 Oil extended gains after capping its best week in almost two months as an escalation of fighting in OPEC producer Libya overshadowed the biggest increase in U.S. active rigs since May.
Norway Is Falling Out of Love with Oil
Monday, April 08, 2019 Western Europe's biggest petroleum producer is falling out of love with oil.
EOR Push May Make the Permian Even Bigger
Monday, April 08, 2019 If Occidental and its rivals' EOR experiments are successful, it could further transform the Permian.
Crude Oil Starts Week on Bullish Note
Monday, April 08, 2019 All four energy commodities tracked by Rigzone finished higher Monday.
Further Pick-up in Industry Investment Needed
Friday, April 05, 2019 We need to see a further pick-up in industry investments, according to OPEC Secretary General Mohammad Sanusi Barkindo.
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