Top Oil Traders Say Iran Sanctions Hit Harder Than Expected
Wednesday October 10, 2018 - Sanctions on Iranian oil exports are hitting much harder than most people predicted
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Saudis Break 45-Year Taboo with Veiled Oil Threat
Monday, October 15, 2018 Riyadh makes what many read as a veiled threat to use the kingdom's oil wealth as a political weapon.
Saipem Seals Services Deals Worth $400MM
Monday, October 15, 2018 Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.
Crude Rises as Mystery of Missing Saudi Critic Strains Alliance
Monday, October 15, 2018 Oil advanced amid growing international outrage over the disappearance of a prominent Saudi Arabian critic.
Oil Pares Weekly Loss
Friday, October 12, 2018 Oil pared a weekly loss as investor focus shifted from broader market turmoil and returned to looming shortages from Iran's dwindling exports.
How to Negotiate a Pay Rise as an Experienced Oil Pro
Friday, October 12, 2018 Rigzone talks to several experts to find out how experienced oil and gas professionals can negotiate a pay rise.
Oil Demand and Supply Close to New Peaks
Friday, October 12, 2018 Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day, according to the International Energy Agency.
FAMILY AFFAIR: Oil and Gas Has Driven Govia Family to Success
Thursday, October 11, 2018 There's decades of oil and gas excellence in the Govia family. Thirty-five year industry veteran Delfina Govia shares her family's experiences.
Oil Set for Worst 2-Day Drop Since July
Thursday, October 11, 2018 Oil headed for the biggest 2-day drop since July, with fuels from diesel to gasoline also declining as fears over a worsening trade war rattled markets across the board.
Trump Rerouting World's Oil Tankers
Thursday, October 11, 2018 US President Donald Trump is redirecting global oil flows.
WTI Crude Oil Falls 3%
Thursday, October 11, 2018 The bears reigned in crude oil markets Thursday.
Oil Over $74 on Concerns Storm May Worsen Supply Risk
Wednesday, October 10, 2018 Oil traded above $74 a barrel on concerns Hurricane Michael in the US may exacerbate a supply crunch.
Oil Price to be Highly Volatile Going Forward
Wednesday, October 10, 2018 A model that has 'correctly predicted the oil price increase seen over the last months' now shows that the oil price will be 'highly volatile' going forward, according to Rystad Energy.
Top Oil Traders Say Iran Sanctions Hit Harder Than Expected
Wednesday, October 10, 2018 Sanctions on Iranian oil exports are hitting much harder than most people predicted
Oil, Gas CEOs Sold on Tech Benefits, but Unprepared for Disruption
Wednesday, October 10, 2018 A new report by KPMG examines how oil and gas CEOs feel they fare in their technology efforts and what still needs work.
Oil Prices Settle Lower
Wednesday, October 10, 2018 Crude oil prices lost some of their recent upward momentum Wednesday.
Big Oil to Bury Skeptical Investors in Cash Piles
Tuesday, October 09, 2018 With oil above $80 a barrel as costs languish at an 8-year low, the industry is seeing green.
Oil Climbs as Storm Halts Output
Tuesday, October 09, 2018 Crude traded near $75 a barrel as storm Michael in the US strengthened and shut some oil output.
Frenemies Can Help Energy Firms Curb Risks
Tuesday, October 09, 2018 Ecosystem business model gets strong support from energy execs in Accenture Strategy survey.
IEA Urges OPEC to Open Taps as Oil Markets Enter 'Red Zone'
Tuesday, October 09, 2018 The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output.
Crude Prices Get Bump from Iran and Michael
Tuesday, October 09, 2018 A weakening Iranian export position and a strengthening hurricane were two of the global developments supporting bullish trading Tuesday.
BHGE to Acquire $550MM Stake in ADNOC Drilling
Monday, October 08, 2018 BHGE and ADNOC sign a strategic partnership agreement that will see BHGE acquire a 5% stake in ADNOC's subsidiary, ADNOC Drilling, for $550 million.
Aramco and Total Progress $9B Petrochem Project
Monday, October 08, 2018 Saudi Aramco and Total sign a joint development agreement for the front-end engineering and design of a giant petrochemical complex in Jubail, Saudi Arabia.
Saudi-Russian Cooperation Marks New World Order For Oil
Monday, October 08, 2018 OPEC+ with Saudi-Russian cooperation will retain its hold on global oil supply and continue to reshape the world order for oil.
Egypt to Receive First Israeli Gas as Early as March
Monday, October 08, 2018 Egypt will begin importing natural gas from Israel under a $15 billion deal as early as March.
Oil Tanker Rates Surge as Iran Rivals Look to Be Boosting Supply
Monday, October 08, 2018 The oil tanker market is surging amid signs that impending US sanctions against Iran are prompting rival producers in the Middle East to ramp up shipments.
Crude Touches One-Week Low as Iranian Shortage Fears Are Eased
Monday, October 08, 2018 Oil slipped to a one-week low amid signs that Iranian supply disruptions may not be as severe as expected.
Oil Poised for Fourth Weekly Gain
Friday, October 05, 2018 Oil headed for the longest run of weekly gains since the start of 2018.
Oil and Gas Cyber Attacks Increased in Past Year
Friday, October 05, 2018 Cyber attacks in the oil and gas sector increased over the past year, according to Mike Spear, industrial cyber security global operations director at Honeywell.
Petrochemicals Becoming Largest Oil Demand Drivers
Friday, October 05, 2018 Petrochemicals are becoming the largest drivers of global oil demand, according to a major study by the International Energy Agency.
Saudi Crown Prince to Trump: We've Replaced All Iran's Lost Oil
Friday, October 05, 2018 Saudi Arabia's crown prince, facing US pressure to tame surging oil prices, insisted that the kingdom is fulfilling promises.
Tech Expert on Challenges of IIoT in Oil and Gas
Friday, October 05, 2018 According to one technology expert, security is just one of several challenges facing oil and gas companies deploying IIoT strategies.
Crude Oil Futures Down for the Week
Friday, October 05, 2018 The stage could be set for lower prices ahead.
Oil Halts Gain Near 4-Year High
Thursday, October 04, 2018 Oil halted gains on emerging concerns prices have rallied too fast.
Trump Request for Max OPEC Output May Backfire
Thursday, October 04, 2018 The Trump administration is commanding OPEC to run the printing presses at full speed.
Tech Not Making Oil Qualifications Less Important
Thursday, October 04, 2018 Technology is not making oil and gas qualifications less important, according to Jason Urso, vice president and general manager at Honeywell.
Iran Oil Buyers Craving Obama's Waivers Get Trump Shock Instead
Thursday, October 04, 2018 Oil buyers who viewed Obama-era policies as precedent for US sanctions on Iran are getting a rude shock.
Crude Oil Falls on Russia-Saudi Output Deal
Thursday, October 04, 2018 Both the WTI and Brent lost momentum Thursday.
Oil Steadies Near 4-Year High
Wednesday, October 03, 2018 Oil steadied near the highest level in almost 4 years as supply crunch fears outweighed expectations for an increase in American crude inventories.
Saudi Petrochemical Producers Sign $2.2B Merger Agreement
Wednesday, October 03, 2018 Saudi International Petrochemical Co. signs a non-binding agreement to acquire Sahara Petrochemical Co.
$100 Oil By Christmas?
Wednesday, October 03, 2018 A cocktail of factors could see oil go as high as $100 a barrel by Christmas.
Saudis and Russia Open the Oil Taps While the Market Shrugs
Wednesday, October 03, 2018 After their September meeting, the world's two largest oil exporters sought to send a clearer signal to ease the price worries of consumers, and the US president.
Oil, Gas Producers Could See More Money from Lenders in 2018
Wednesday, October 03, 2018 A new survey by Haynes and Boone offers a bright outlook for oil and gas producers.
Iran's Oil Buyer and Rival, UAE May Be Cracking Down on Trade
Wednesday, October 03, 2018 The United Arab Emirates appears to be taking steps to comply with looming US sanctions against the Islamic Republic's energy industry.
Oil Bulls Continue Stampede
Wednesday, October 03, 2018 The bull market for crude oil picked up steam Wednesday as the WTI and Brent futures prices posted impressive gains.
Oil Hovers at 4-Year High
Tuesday, October 02, 2018 Oil extended gains near the highest level in almost 4 years as investors grapple with doubts over OPEC's ability to replace falling exports from Iran.
OPEC Output Edges Higher
Tuesday, October 02, 2018 OPEC production rose last month as deepening losses in Iran due to looming US sanctions were countered by other members.
Crude Benchmark Nears $85
Tuesday, October 02, 2018 Although crude oil prices settle lower, bullish sentiment continues.
Oil Surges to Highest Since 2014 as Global Supply Concerns Mount
Monday, October 01, 2018 Oil jumped to the highest level in nearly four years as a slowdown in American drilling added to concern over supply losses from Iran and Venezuela.
Oil's Leap Toward $100 Softens the Blow of Russia Sanctions
Friday, September 28, 2018 As US lawmakers mull a new round of 'crippling' sanctions, some traders are predicting the price of Russia's main export will hit $100 a barrel for the first time since 2014.
How Much Oil Can Saudis Really Pump? We're Set to Find Out
Friday, September 28, 2018 Does Saudi Arabia have the extra oil?
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