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Petronas Makes Significant Discovery Offshore Malaysia
Friday, December 09, 2022 'Nahara-1 is a significant oil discovery'.

Winter Chill Exposing Europe Gas Shortage
Friday, December 09, 2022 'Inventories are now in full withdrawal mode'.

Winners Of California Offshore Wind Energy Auction Revealed
Friday, December 09, 2022 The Department of the Interior has announced results from the wind energy auction for five leases offshore California.

Market Remains Surprised by Sharp Pullback in Oil Prices
Friday, December 09, 2022 One of Rigzone's regular market watchers looks at oil price trends, the drivers of price weakness, the start of European sanctions on Russian crude and more.

This Year Hits Record FPS Throughput Sanctioned Capacity
Friday, December 09, 2022 Despite major project delays, inflation, and supply chain issues, 2022 will have the highest FPS throughput capacity sanctioned since 2010.

CNOOC Starts Production From Offshore Project With CSS Capabilities
Friday, December 09, 2022 Chinese state-owned giant CNOOC has started production from the Enping joint development projects.

Kolanovic Says Sell Energy Stocks With Oil Gap Wide
Friday, December 09, 2022 The recommendation in a note to clients late Thursday is strictly about the near-term.

Europe Diesel Stockpiles Set to Swell
Friday, December 09, 2022 Stockpiles of diesel-type fuel in northwest Europe are set to rise.

The $2.1Bn Barcelona-Marseille Pipeline Now Hydrogen-Only
Friday, December 09, 2022 The proposed subsea pipeline between Barcelona and Marseille will now be green hydrogen only and have an investment price tag of around $2.1 Bn.

Exxon To Maintain Capex Levels At $20-25B Until 2027
Friday, December 09, 2022 ExxonMobil today announced its corporate plan for the next five years which maintains annual capital expenditures at $20-$25 billion.

7 Days

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New Mexico Is About to Produce More Oil Than Mexico
Wednesday, December 07, 2022 The gap between Mexico and New Mexico was just 74,000 barrels per day in September.

Fitch Solutions Reveals Latest Oil Price Forecasts
Monday, December 05, 2022 Fitch Solutions Country Risk & Industry Research has revealed its latest Brent crude oil price forecasts.

US Seeks To Stop Oil Reserve Sales To Refill Stockpiles
Sunday, December 04, 2022 The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve.

USA Oil and Gas Jobs Are Still in Short Supply
Sunday, December 04, 2022 The short supply of labor in the US oil patch has plagued exploration and production companies all year.

Key Oil and Gas Themes In 2023
Wednesday, December 07, 2022 Rigzone dives into a new report outlining 2023's key oil and gas themes.

BP Moving to New London HQ
Tuesday, December 06, 2022 'We expect our move to the new building to take place around two years from now'.

Newsom Proposes Limit on Oil Refining Margins
Tuesday, December 06, 2022 California Governor Gavin Newsom proposed to limit the profits of oil companies operating in the state by curbing their gross refining margins.

EIA Lowers 2022 and 2023 Oil Price Forecasts
Wednesday, December 07, 2022 The U.S. Energy Information Administration lowered its Brent oil price forecasts.

Top Headlines: Oil Market Shows Extreme Sensitivity to OPEC+ Suggestions
Saturday, December 03, 2022 Check out some of Rigzone's top stories during the last week.

EU Closing In on $60 Cap for Russian Oil
Saturday, December 03, 2022 The European Union is closing in on a deal to cap the price of Russian crude oil at $60 a barrel.

14 Days

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Top Headlines: Biden Requests $500MM for Strategic Petroleum Reserve
Saturday, November 26, 2022 Check out some of Rigzone's top stories during the last week.

New Mexico Is About to Produce More Oil Than Mexico
Wednesday, December 07, 2022 The gap between Mexico and New Mexico was just 74,000 barrels per day in September.

Oil Market Shows Extreme Sensitivity to OPEC+ Suggestions
Monday, November 28, 2022 'The depth of the initial fall also demonstrates that some traders do not perhaps listen to some very specific statements carefully enough'.

Russian Upstream Investments Projected to Plunge
Friday, December 02, 2022 'The financial impact of Western sanctions and the widescale exodus of foreign partners from the Russian oil and gas sector are beginning to materialize'.

Canadian Oil Giant Plans to Pump Record Crude Next Year
Thursday, December 01, 2022 Canadian Natural Resources Ltd is aiming to raise production.

Fitch Solutions Reveals Latest Oil Price Forecasts
Monday, December 05, 2022 Fitch Solutions Country Risk & Industry Research has revealed its latest Brent crude oil price forecasts.

OPEC Slashes Oil Output by Most Since 2020
Friday, December 02, 2022 OPEC cut crude production by the most since 2020.

US Seeks To Stop Oil Reserve Sales To Refill Stockpiles
Sunday, December 04, 2022 The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve.

Oil Markets May Be Misjudging News of China Lockdown
Tuesday, November 29, 2022 'China's nationwide road traffic has so far been resilient despite the latest round of lockdowns'.

USA Oil and Gas Jobs Are Still in Short Supply
Sunday, December 04, 2022 The short supply of labor in the US oil patch has plagued exploration and production companies all year.

Month

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Magnitude 5.4 Quake Hits Texas
Friday, November 18, 2022 A magnitude 5.4 earthquake occurred near the town of Mentone, Texas.

Global Oil Market Flashes Warnings
Friday, November 25, 2022 The global oil market keeps sending up flares on the outlook for weaker demand.

Top Headlines: Biden Requests $500MM for Strategic Petroleum Reserve
Saturday, November 26, 2022 Check out some of Rigzone's top stories during the last week.

Gulf of Mexico an Area of Increasing Instability
Tuesday, November 15, 2022 The Gulf of Mexico continues to be an area of increasing instability, according to Dryad Global.

Biden Requests $500MM for Strategic Petroleum Reserve
Tuesday, November 22, 2022 A sum of $500 million has been earmarked for the U.S. Strategic Petroleum Reserve.

IEA Says Diesel Demand Destruction Starting to Look Inevitable
Tuesday, November 15, 2022 High prices could well prove self-defeating.

US Finds Others Aligned Against It In Saudi-Sparked Oil Row
Friday, November 11, 2022 US President Joe Biden accused Saudi Arabia of siding with Russia over oil and will look to show its influence at the G20 summit in Bali.

Jones Act Is Making The US Diesel Shortage Worse
Wednesday, November 23, 2022 One of the main factors underpinning the price of diesel in the US is the Jones Act, making shipping fuel from one US port to another more expensive than sending it to Europe.

The USA Did Not Run Out of Diesel Last Monday
Friday, November 25, 2022 The U.S. did not grind to a halt on 21 November.

USA EIA Raises Oil Price Forecast
Monday, November 14, 2022 The U.S. Energy Information Administration raised its Brent oil price forecast for both 2022 and 2023.