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Merger And Acquisition Deals Return To Pre-Covid Levels In 2021
Monday, January 24, 2022Global upstream M&A deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 billion, a 70 percent increase over 2020.
Texas Upstream Sector Jobs Increase For Eight Month In A Row
Monday, January 24, 2022The updated employment figures for the Texas upstream sector have risen for the eighth month straight.
Mintra in Charity Team Up for Seafarer Mental Health
Monday, January 24, 2022The partnership allows the charity to now help individuals and small companies that were previously unable to access courses under a corporate model.
UAE Intercepts 2 Ballistic Missiles Over Abu Dhabi
Monday, January 24, 2022Shrapnel fell over scattered areas of Abu Dhabi after military defenses repelled two ballistic missiles.
4Q Earnings Season Is Kicking Off
Monday, January 24, 2022Rigzone's regular energy prognosticators look at the fourth quarter earnings season, higher oil price effects, Russia-Ukraine developments and more.
Royal Dutch Shell Changes Name
Monday, January 24, 2022Shell has confirmed that it has changed its name.
North America Adds Another 24 Rigs
Monday, January 24, 2022North America added another 24 rigs week on week.
Oil Market Runs Out of Bears
Monday, January 24, 2022The oil market is running out of sellers.
Focus On: Midstream
Oil and Equities Fall with Suspected Rate Increase
Monday, January 24, 2022Oil in New York slid as risk-off sentiment prevailed across financial markets, driven by concerns about tighter monetary policy.
Top Headlines: COPL Makes Significant Wyoming Oil Find and More
Saturday, January 22, 2022Check out some of Rigzone's top stories during the last week.
Covid Outbreak On Atlanta Field FPSO
Friday, January 21, 2022The Petrojarl I FPSO has been in the headlines recently. This time, Enauta informed of a Covid-19 outbreak aboard the floater.
Regulator Reveals Probable Causes For Fatal GOM Incident
Friday, January 21, 2022The BSEE has released an investigation report on a fatal incident on the Fieldwood-operated platform in the GOM which occurred in May 2020.
Shell Completes Deer Park Refinery Stake Sale To Pemex
Friday, January 21, 2022Shell has completed the sale of its interest in Deer Park Refining Limited Partnership to Pemex.
EIA: U.S. Companies Completed 14 Petroleum Liquids Pipelines
Friday, January 21, 2022According to the EIA, pipeline companies completed 14 petroleum liquids pipelines projects in the United States during 2021.
TotalEnergies to Pull Out of Myanmar
Friday, January 21, 2022The French firm is among the companies leaving Myanmar.
Supply Constraints Remain an Issue
Friday, January 21, 2022Rigzone's regular market watchers look at supply constraints, the UAE oil infrastructure incident, calls for $100+ oil and more.
Morgan Stanley Sees Brent Hitting $100 by 3Q
Friday, January 21, 2022The bank expects stockpiles to slide even lower by the end of the year.
U.S. Energy-Related CO2 Emissions To Rise In 2022, 2023
Friday, January 21, 2022The EIA forecasts that U.S. energy-related carbon dioxide emissions will increase in both 2022 and 2023 but remain below 2019 levels.
BP, Shell Hire Carbon Traders After Mass Departures In 2021
Friday, January 21, 2022BP and Shell have hired an array of carbon-emissions traders to replenish their ranks after an exodus of staff to trading houses last year.
Oil Fell Friday but Up on Week
Friday, January 21, 2022Oil capped its fifth week of gains on continued signs of robust demand and strained crude supplies that have taken prices to seven-year highs.
Goldman Sachs Sees Oil at $96 This Year
Thursday, January 20, 2022Goldman Sachs has raised its oil price forecasts 'significantly'.
Norway Offers New Offshore Licenses To 28 Oil Firms
Thursday, January 20, 2022Norway has offered 28 companies ownership interests in a total of 53 offshore oil and gas production licenses on the Norwegian Shelf.
ADNOC CEO Visits Injured Workers
Thursday, January 20, 2022Al Jaber visited workers who were injured.
Have You Seen 200MM Barrels of Oil Anywhere?
Thursday, January 20, 2022The IEA is trying to figure out where 200 million barrels of oil went.
Crude Futures Ease on Light Supply Build
Thursday, January 20, 2022Oil's rally faltered after U.S. crude stockpiles rose modestly amid renewed pledges from President Joe Biden to try to curb prices.
Exxon To Become Net-Zero Company By 2050
Wednesday, January 19, 2022Exxon has revealed its ambition to achieve net-zero greenhouse gas emissions for operated assets by 2050.
Scottish Gov Offers $100MM+ in Acorn Funding
Wednesday, January 19, 2022The Scottish government noted that the investment would come from its emerging energy technologies fund.
Oil Prices Potentially Set Up for Sizzling Summer
Wednesday, January 19, 2022OPEC and its allies are being left with a diminishing buffer of spare supplies.
Union Demands Govt Help Over CNR Jab Or Job Policy
Wednesday, January 19, 2022Unite Scotland has demanded intervention by the government in response to CNR International introducing mandatory vaccinations.
Texas Grid Ready for Winter Weather
Wednesday, January 19, 2022'The Texas electric grid is more prepared for winter operations than ever before'.
IEA Sees Tighter Oil Market
Wednesday, January 19, 2022Global oil markets look tighter than previously thought.
Tonga Eruption Gets Blame for Peru Oil Spill
Wednesday, January 19, 2022The volcanic eruption took place almost 6,800 miles away.
Oil Rises to Seven-Year High as Demand Defies Omicron
Wednesday, January 19, 2022Oil touched its highest level since October 2014 as the International Energy Agency said the market looks tighter than previously thought, with demand proving resilient to omicron.
ADNOC Comments on Fire
Tuesday, January 18, 2022ADNOC confirmed that three colleagues had died in the incident.
OPEC Sees Oil Market Well Supported
Tuesday, January 18, 2022OPEC expects global oil markets to remain 'well-supported' this year by robust demand.
Oil Rally Continues to Seven Year High
Tuesday, January 18, 2022Physical crude markets are surging on robust demand.
Noble, Maersk Drilling Merger Clears Another Hurdle
Monday, January 17, 2022The Norwegian Competition Authority has not objected to the proposed merger between Maersk Drilling and Noble Corporation.
Equinor, BP Seal 2.5 GW Offshore Wind Farm Deal With NY State
Monday, January 17, 2022Equinor and BP have finalized the PSAs for the Empire Wind 2 and Beacon Wind 1 offshore wind projects.
Omicron Labor Force Impact a Factor to Monitor
Monday, January 17, 2022Rigzone's regular energy prognosticators highlight Omicron's impact on the labor force, geopolitical factors, oil price trends and more.
USA Announces $420MM Clean Energy Breakthrough Fund
Monday, January 17, 2022Breakthroughs in basic research will be key to creating the climate solutions that will help achieve President Biden's goal of a zero-emission economy by 2050.
North America Adds 63 Rigs Week on Week
Monday, January 17, 2022North America's rig count now stands at 792.
Vitol Group Says Oil Prices May Rise Even More
Monday, January 17, 2022Oil posted a fourth-straight gain last week.
Iran-Backed Houthis Claim Drone Strikes on UAE
Monday, January 17, 2022It's one of the biggest attacks to date on UAE soil.
Oil Up on Increasingly Bullish Backwardation Pattern
Monday, January 17, 2022Brent highest since 2014 as all indicators appear to point bullish.
Top Headlines: USA Gasoline Markets Point to Bad News for Biden and More
Saturday, January 15, 2022Check out some of Rigzone's top stories during the last week.
Shuttle Tanker Demand To Rise In Coming Years
Friday, January 14, 2022Demand for shuttle tankers will grow in the coming years, as produced volumes in need of transport rise to 3.3 billion barrels by 2030.
Aker BP Under Fire Over Mandatory Covid Vaccination Plan
Friday, January 14, 2022Aker BP received criticism over a Covid-19 vaccine mandate for its offshore employees from the offshore oil and gas workers union Industri Energi.
Crude Rally Stair-Steps Higher
Friday, January 14, 2022Rigzone's regular market watchers look at the continuing rally in crude prices, Covid-19 developments, geopolitical factors and more.
Diesel Markets Are Soaring
Friday, January 14, 2022Diesel markets are jumping everywhere.
Canada to Face Challenge in Remaining Oil Power
Friday, January 14, 2022Canada will face challenges, according to the International Energy Agency.
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