Industry Headlines News for Latin America


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Oil, Gas Will Account for Over Half of World's Energy by 2040
Wednesday, February 21, 2018 Oil and gas will account for over half of the world's energy by 2040, according to BP's latest Energy Outlook.

OPEC, Russia Said to See Oil Glut Dissipating at a Faster Rate
Tuesday, February 20, 2018 The latest discussions between OPEC and its oil-producer allies concluded that the supply glut is dissipating at a faster pace than previously anticipated.

Maersk Energy Sees Uptick In Offshore Oil Drilling, Profit Still Squeezed
Tuesday, February 20, 2018 Prospects for the offshore oil drilling market are improving but profits for drillers are still under pressure and rates will not rise.

OPEC Considers Moving the Goalposts - Here's Where They Might Go
Friday, February 16, 2018 The 24-country alliance wants to reduce oil stockpiles to their five-year average.

Oil Posts a Weekly Rise as Stocks Recover, Dollar Flounders
Friday, February 16, 2018 Oil posted its first weekly increase since last month.

How to Move up the Ladder in Oil, Gas
Thursday, February 15, 2018 Rigzone readers outline the best way to move up the ladder in the oil and gas world.

Kemp: OPEC Pact Likely To Evolve Rather Than Terminate
Wednesday, February 14, 2018 Ministers from OPEC have been anxious to counter speculation about an early end to production curbs.

OPEC President Says Shale Won't Thwart Plan to Clear Glut
Monday, February 12, 2018 Surging output of US shale oil won't be a 'huge distorter' of efforts by global crude producers to clear a glut, according to OPEC's president.

How to Create Your Environmental Engineer Resume
Friday, February 09, 2018 Here are some resume tips to help recent college graduates get a job as an environmental engineer.

Oil Hits 7-Week Low On Expectations Of Higher US, Iran Output
Thursday, February 08, 2018 Oil prices fall to their lowest in seven weeks.

BLOG: What Not to Do as a Job Applicant
Thursday, February 08, 2018 Recruiters share some of the wildest things they've heard and experienced from job candidates.

US Gas Drillers Are Missing Out on Asia's Oil-Driven Boom
Thursday, February 08, 2018 If you're pumping natural gas in the US, you're probably missing out on Asia's boom.

Experts Predict Brent Trends in 2018: A Wrap Up
Tuesday, February 06, 2018 Rigzone outlines the price direction and drivers of Brent crude oil in 2018.

Applicant Tracking Systems: The Good, Bad & Misunderstood
Monday, February 05, 2018 Rigzone gets oil and gas recruiters and HR personnel to weigh in on their use of the ATS and how it affects the recruiting process for employers and job candidates.

Analysts Expect Brent Crude Price to Continue Rising Over Next Few Years
Monday, February 05, 2018 Oil and gas analysts at BMI Research expect the value of Brent Crude oil to continue rising over the next few years, according to a new report published by the company.

Oilfield Services Companies 'On An Upswing'
Friday, February 02, 2018 Oilfield services companies around the globe will face stronger demand for their services in 2018, according to a new report from BMI Research.

Crude Gains First Time This Week After Gasoline Supplies Drop
Wednesday, January 31, 2018 Oil rose for the first time this week as a surprise decline in US gasoline supplies helped ease concerns about lackluster demand.

Oil Falls A Second Day On Stock Market Sell-Off, US Output
Tuesday, January 30, 2018 Oil prices slid for a second day, driven by ongoing evidence of rising US crude output.

Oil Prices Have Limited Upside
Tuesday, January 30, 2018 The 40% increase in oil prices since August is likely to stimulate a strong production response.

Kemp: US Oil And Gas Drilling Costs Rise As Rig Count Climbs
Tuesday, January 30, 2018 US shale producers are facing rising costs for everything from drilling rigs to pressure pumping equipment and labour.

Oil, Gas 'Might Need a Tesla' to Attract Best Talent
Tuesday, January 30, 2018 The oil and gas industry might need to see the emergence of a company like Tesla to attract the best talent to the sector.

Oil settles lower after dollar strengthens, rising U.S. output
Monday, January 29, 2018 Oil prices settled lower, pressured by a strengthening dollar and rising US crude output.

Oil Is Looking Unstoppable as Hedge Funds Take Bets to New High
Monday, January 29, 2018 Hedge funds reported record wagers on continued price increases for both US and global oil benchmarks, along with gasoline and diesel.

Google, Facebook 'Wouldn't Have a Clue' How to Run Oil, Gas Industry
Monday, January 29, 2018 Companies like Google and Facebook wouldn't have a clue about how to run the oil and gas business, according to Rapidan Energy Group CEO Bob McNally.

BLOG: Are Rigzone Readers For or Against the Rise in Renewables?
Thursday, January 25, 2018 Are Rigzone readers for or against oil and gas companies strengthening investment in renewable energy?

Sharp Rise in Oil, Gas Industry Confidence in 2018
Thursday, January 25, 2018 There has been a sharp rise in industry confidence in 2018, according to a new study by DNV GL, a technical advisor to the oil and gas sector.

Big Oil Flush With Cash Again, But No Party Yet
Wednesday, January 24, 2018 The world's top oil companies are expected to generate more cash in 2018 than at any other time this decade, but it isn't party time yet.

Oil Jumps As Brent Tops $70, With Inventory Data On Tap
Tuesday, January 23, 2018 Oil rose more than 1%, with benchmark Brent crude hitting $70 a barrel for the first time in a week.

Big Oil Said to Plan Tenfold Expansion of Cost-Cut Collaboration
Tuesday, January 23, 2018 The world's largest energy companies plan to significantly widen a two-year effort to standardize the kit they use to pump oil and gas.

What to Look for in Oil, Gas in 2018
Tuesday, January 23, 2018 Brian Williams of Carl Marks Advisors shares insights on what the industry can expect regarding E&P investment, M&A deals and trends for 2018.

Oil Rises on Saudi-Russian Alliance Talk After Market Hesitates
Monday, January 22, 2018 Oil closed higher after Saudi Arabia and Russia signaled production cuts may be extended into 2019.

Big Global Oil Projects Are Starting to Get Off the Ground
Monday, January 22, 2018 The global oil industry's backlog of big drilling projects is starting to shrink as prices improve.

Oil Market 'Heading In The Right Direction' - Iraq
Monday, January 22, 2018 The global oil market is stabilising as crude inventories are falling, Iraqi Oil Minister Jabar al-Luaibi says.

Kemp: Peak Oil Demand And Its Implications For Prices
Friday, January 19, 2018 Even if oil consumption reaches a peak and then starts to fall, the world will still need large quantities of oil for many decades to come.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

Mexico's Pemex Makes Biggest Onshore Oil Find in 15 Years - President
Friday, November 03, 2017 Pemex has made its biggest onshore oil discovery in 15 years with a find in the eastern state of Veracruz, President Enrique Pena Nieto said.

Brazil vs Mexico: Latin America's Fight For Big Oil's Money
Thursday, October 26, 2017 Brazil and Mexico are competing for a diminishing resource: the investment dollars of oil majors.

Mexico Expects To Hold A Third Oil And Gas Auction In 2018
Thursday, October 19, 2017 Mexico's oil regulator will likely add another oil auction featuring conventional onshore oil and gas blocks, a senior official says.

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