Industry Headlines News


Results 50 articles shown

Penguins FID Marks End of Cautious North Sea Era
Tuesday, January 16, 2018 Royal Dutch Shell plc's decision to go ahead with the redevelopment of the Penguins oil and gas field marks the end of the cautious North Sea era.

Rising Oil Prices Unlikely to Unlock Spare OPEC Capacity
Monday, January 15, 2018 OPEC's significant spare production capacity is unlikely to be brought into play in 2018, despite rising oil prices.

Singapore Files More Charges Against Shell Oil Theft Suspects
Monday, January 15, 2018 A Singapore court filed additional charges against 9 men accused in a large-scale oil theft at Shell's biggest refinery.

Survey Finds N. America Respondents Bearish on Oil Price Predictions
Monday, January 15, 2018 A recent Rigzone survey reveals the outlook of North America respondents.

As Oil Hits $70, Warning Lights Flash Up In Asia
Friday, January 12, 2018 Oil prices rose above $70 per barrel for the first time since 2014, but some traders are sounding a warning.

T. Boone Pickens, Raider-Turned-Wildcatter, Shuts Hedge Fund
Friday, January 12, 2018 Legendary oil tycoon T. Boone Pickens is closing his hedge fund, saying trading in oil has lost its luster.

Baker Hughes: Oil Drillers In Canada Boost Rigs To 10-Month High
Friday, January 12, 2018 Energy firms in Canada almost doubled the number of rigs drilling for oil this week to the highest level in 10 months.

Oil Adds To Rally, Heads For Fourth Week Of Gains
Friday, January 12, 2018 Oil prices rose for a sixth day after Russia's oil minister said that global crude supplies were 'not balanced yet.'




UAE Energy Minister Says Not Concerned With Current Oil Price
Thursday, January 11, 2018 United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei says he is not concerned with the current oil price.

BLOG: Gasoline in the US Still a Good Deal
Thursday, January 11, 2018 Average gasoline price in US is still low compared to other OECD countries.

Rig-Count Chaos: Shale Drillers Are Confusing Oil Analysts
Thursday, January 11, 2018 For US shale drillers who have seen prices climb almost 50% in six months, it's been largely a rig-less recovery.

US Senators From 12 States Seek Offshore Drilling Exemptions Like Florida
Thursday, January 11, 2018 Twenty-two Democratic US senators joined the chorus of local representatives seeking exemptions from Interior Secretary Zinke's proposed offshore plan.

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.

Ineos Shale Challenges Scottish Fracking Ban
Wednesday, January 10, 2018 Ineos Shale, along with its co-venture partner Reach, is challenging the Scottish government's effective ban on onshore unconventional oil and gas development.

Aberdeen to Lose 5,500 More Energy Jobs, Council Document Highlights
Wednesday, January 10, 2018 An Aberdeen City Council document highlights that 5,500 further jobs are expected to be lost in the city's energy sector by 2027.

Rystad: Trump Offshore Oil Proposal Could Unlock 65 Bboe
Wednesday, January 10, 2018 The Trump administration's proposal could unlock up to 65 billion barrels of oil equivalent.

Survey: Most Gulf Execs See $60-plus Brent Average for 2018
Wednesday, January 10, 2018 Executives also observe shift in crude price driving factors.

After Florida, More States Press US For Offshore Drilling Exemptions
Wednesday, January 10, 2018 Governors and other officials from several US coastal states ramp pressure on the Trump administration to exempt their waters from an offshore drilling plan.

US Crude Inventory Fall Buoys Oil, Worries About Rally Persist
Wednesday, January 10, 2018 Crude oil prices jumped and settled near three-year highs.

Norway's Oil Industry To Boost Staffing In Coming Years-Energy Minister
Tuesday, January 09, 2018 Norwegian oil companies and their suppliers will hire more people in the coming years, Norway's Minister of Petroleum and Energy says.

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.

'Drunken Sailor' Oil Spending May Stir Investor Merger Push
Tuesday, January 09, 2018 Ben Dell doesn't just want to change how oilfield executives are paid. He thinks there could be a lot fewer of them around.

US Crude Hits 3-Year High As Prices Climb In Tight Market
Tuesday, January 09, 2018 Oil prices edged higher on Tuesday, with US crude touching its highest since December 2014.

Icahn Demands Shake-Up At US Shale Producer SandRidge Energy
Tuesday, January 09, 2018 SandRidge Energy Inc's biggest shareholder, Carl Icahn, called on Tuesday for the replacement of two directors.

Vietnam Starts High-Profile Trial Over Oil Firm Losses
Monday, January 08, 2018 Vietnam begins the trial of 22 executives charged over losses totalling hundreds of millions of dollars at state oil firm PetroVietnam.

Iraq Bans Kurdish Firm Kar Group From Operating Kirkuk Oilfields
Monday, January 08, 2018 Iraq's parliament voted to ban Kurdish engineering firm from operating Kirkuk's oilfields, following Iraq's recapture of the Kurdish-held oil region in October.

Oil Toys With $62 Amid Iranian Friction, US Drilling Pullback
Monday, January 08, 2018 Oil rose, clinging to last week's gains as political tensions in Iran and declining exploration work in the US threatened output growth.

Outlook: Oil Price Recovery Fragile
Friday, January 05, 2018 Some degree of US producer restraint will be needed coupled with continued OPEC discipline and strong growth in world oil demand to sustain a recovery in oil prices.

HOW COOL IS THAT!: Upstream Engineer-Patent Attorney
Friday, January 05, 2018 Attorney with Permian Basin roots stays on cutting edge of global upstream tech developments.

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.

ExxonMobil Reports More Offshore Guyana Success
Friday, January 05, 2018 Ranger-1 is sixth in string of world-class discoveries offshore South American country.

Will Oil Majors Really Sink Money Into America's Waters?: Gadfly
Friday, January 05, 2018 There are two big complications when it comes to capitalizing on America's federal waters.

Oil Scores Best Opening Week in Half a Decade as Supply Tightens
Friday, January 05, 2018 Oil had its strongest opening week for any year since 2013.

US Jobs in Mining End 2017 Relatively Unchanged
Friday, January 05, 2018 Ending out the year, oil and gas jobs in the US didn't see much movement.

Kemp: US Shale Returns to Growth, Posing Problem for OPEC
Friday, January 05, 2018 US crude oil prices have risen above $60 per barrel which should accelerate shale drilling and production in the next few months, provided the price increase is sustained.

DEA Says Talks Over Final Merger Agreement With Wintershall Ongoing
Thursday, January 04, 2018 Talks over a final agreement to merge BASF's oil and gas unit Wintershall with DEA, a vehicle of Russian billionaire Mikhail Fridman, are still ongoing.

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.

Trump Administration Aims To Open Nearly All US Offshore Waters To Drilling
Thursday, January 04, 2018 The Trump administration proposed opening nearly all US offshore waters to oil and gas drilling.

BLOG: How Confident Are North Sea Workers About Their Employment?
Thursday, January 04, 2018 Rigzone outlines employment confidence levels among North Sea oil and gas workers.

Oil At Highest Since 2015 On Inventory Drawdown, Iran Unrest
Thursday, January 04, 2018 Oil rose on Thursday to its highest since May 2015.

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.

Independents Go Big in North Sea
Wednesday, January 03, 2018 While some majors are still involved in the North Sea, notably Statoil, the age of the independents is clearly on the ascendancy.

Oil Surges Past Shale-Drilling Tipping Point as Glut Shrinks
Wednesday, January 03, 2018 Oil climbed approached $62 a barrel for the first time in three years.

Trump Said to Seek Biggest Offshore Drilling Increase in Decades
Wednesday, January 03, 2018 The Trump administration is poised to open the door to selling new offshore drilling rights from the Atlantic Ocean to the Arctic Sea.

BP Takes $1.5B Hit Over US Tax Changes, Joining Shell
Tuesday, January 02, 2018 BP expects a positive impact on future post-tax earnings from the United States after the changes to US corporate taxes.

Shell To Retain Ownership of A/S Dansk Shell After Agreement Termination
Tuesday, January 02, 2018 Shell will retain ownership of A/S Dansk Shell after a sales agreement it signed with Dansk Olieselskab AS (DO) last year was terminated.

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.

Oil Hits Highest Since Mid-2015 But Settles Down As Outages Abate
Tuesday, January 02, 2018 Oil prices hit mid-2015 highs in early trading on Tuesday but dipped to settle slightly lower.

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.