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Aker BP Makes New Discovery
Thursday March 21, 2019
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Aker BP has made a discovery at the Froskelar Main exploration well.
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Will the US Ever Become Part of OPEC+?
Thursday, March 21, 2019 Experts weigh in on whether the United States will ever join the OPEC+ group.
Oil Stays Above $60
Thursday, March 21, 2019 Oil held above $60 a barrel after the biggest withdrawal of crude in American storage tanks since July raised speculation that global supplies are tightening.
Aker BP Makes New Discovery
Thursday, March 21, 2019 Aker BP has made a discovery at the Froskelar Main exploration well.
Crude Oil Misses Milestone
Thursday, March 21, 2019 Both the WTI and Brent contracts faltered Thursday.
Drillers Turning to Big Data in the Hunt for Cheaper Oil
Wednesday, March 20, 2019 The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.
Oil's Rally Stalls Near $59
Wednesday, March 20, 2019 Oil's rally stuttered as uncertainty over the status of trade negotiations between the U.S. and China stoked concerns over global economic growth.
$264B Needed to Realize UK's Oil and Gas Vision
Wednesday, March 20, 2019 $264 billion will need to be spent by exploration and production companies in existing operations and new opportunities to realize the UK oil and gas industry's Vision 2035.
Equinor Subsea Contract Goes to TechnipFMC
Wednesday, March 20, 2019 The Johan Sverdrup ULQ platform topsides. IMAGE SOURCE: KBR
Oil Price Clears $60-mark
Wednesday, March 20, 2019 Both the WTI and Brent contract prices finished the day higher.
Oil Holds Gains
Tuesday, March 19, 2019 Oil held gains near the highest level this year after OPEC and its partners committed to continue production cuts until at least June.
When Will the Oil Service Market Match 2014 Highs?
Tuesday, March 19, 2019 When will the global oilfield service sector return to previous highs?
Saudi-Russia Alliance Shows Signs of Strain
Tuesday, March 19, 2019 The partnership at the heart of the OPEC+ alliance showed further signs of strain after Russia pressured the Saudi-led group to delay a decision on the future of their production cuts.
BP Hopes Young Recruits Can Make Oil Cool Again
Tuesday, March 19, 2019 Some Big Oil companies are turning to younger hires for insight on competing with tech for talent.
Oil Prices Mixed Amid OPEC+ Uncertainty
Tuesday, March 19, 2019 Things may not be what they seem on the OPEC+ production cut front.
OPEC Can Make or Break Oil's Bull Run
Monday, March 18, 2019 OPEC can make or break oil's bull run, and hedge funds are betting the cartel will keep fueling the rally.
Market Fundamentals Improving But Much Left to Do
Monday, March 18, 2019 Market fundamentals have been slowly improving since the latter part of last year, but much more work still needs to be done, according to Saudi Arabia's energy minister.
Oil Slips
Monday, March 18, 2019 Oil slipped from near a four-month high as OPEC and its allies met in Azerbaijan Monday and recommended deferring a decision on whether to extend oil production cuts until June.
Oil Price Getting Closer to Key Threshold
Monday, March 18, 2019 WTI and Brent post gains on bullish signs.
Oil Set for Weekly Gain
Friday, March 15, 2019 Oil's poised for the best weekly rally in a month as the world's top crude producers are scheduled to discuss about extending their pledged output curbs to avert a global glut.
Oil Expected to Rally into Summer
Friday, March 15, 2019 Merill Lynch expects oil to rally into the summer.
Equinor Makes Close to 1,000 New Hires in 2018
Friday, March 15, 2019 Equinor made 905 new hires in 2018, according to the company's latest annual report.
Oil, Gas Looks to Create Value in Digital Transformation
Friday, March 15, 2019 Now seems to be the perfect time for the oil and gas industry to leverage digital capabilities to achieve success in the digital transformation.
ABB Execs Talk Tech's Impact on Oil, Gas and More
Friday, March 15, 2019 Rigzone spoke with ABB executives during the CERAWeek by IHS Markit conference about the oil and gas industry's technological evolution and sustainability in the industry.
Oil Prices Up for the Week
Friday, March 15, 2019 The WTI is up 4.4 percent and the Brent 2.1 percent.
Oil Pierces 4-Month High
Thursday, March 14, 2019 Oil held gains after breaching $58 a barrel for the first time this year.
Saudis Reluctant to Do Trump's Bidding
Thursday, March 14, 2019 Four months ago, Saudi Arabia's devotion to its decades-old oil partnership with the U.S. was stronger than ever.
Shell CEO's Pay More Than Doubles in 2018
Thursday, March 14, 2019 Royal Dutch Shell CEO Ben van Beurden's total pay, including pension, more than doubled in 2018 compared to 2017.
Oil Prices Mixed Amid Elevated Global Stocks
Thursday, March 14, 2019 The WTI continued its ascent but the Brent faltered.
Oil Extends Gains
Wednesday, March 13, 2019 Crude rose for a third day after an industry report showed an unexpected drop in U.S. stockpiles at a time when the world's top producers are said to be looking at a plan to extend their output curbs.
Strikes Begin at Shetland Gas Plant
Wednesday, March 13, 2019 Unite union members at Shetland Gas Plant have commenced industrial action.
OPEC Is Said to Warn Wall Street on NOPEC
Wednesday, March 13, 2019 OPEC is sending a clear message to Wall Street banks and big investors.
$220 Million in Drilling Contracts Go to Saipem
Wednesday, March 13, 2019 The awards include new contracts and contract extensions.
Oil Extends Gain
Tuesday, March 12, 2019 Oil rose for a second day as Saudi Arabia was said to plan extending deep supply curbs and a nationwide blackout sparked a production collapse in Venezuela.
OPEC Splits Appetizer with Shale Adversaries
Tuesday, March 12, 2019 OPEC's secretary general met with senior executives from North America's booming shale oil industry for dinner in Houston.
UK Oil and Gas Production Rises in 2018
Tuesday, March 12, 2019 UK oil and gas production increased by more than 4 percent last year, according to a new report by the Oil and Gas Authority.
Oil Prices Up Slightly Amid Precarious Saudi Path
Tuesday, March 12, 2019 Firms such as ExxonMobil and Chevron are becoming OPEC by a different name, says analyst.
Hedge Funds Keep Betting on Oil Rally
Monday, March 11, 2019 Hedge funds keep betting on an oil rally, even with prices stuck in neutral.
Oil Rises
Monday, March 11, 2019 Oil rose as Saudi Arabia was said to extend deep supply cuts into April.
US to Drive Oil Supply Growth to 2024
Monday, March 11, 2019 The United States will drive global oil supply growth over the next 5 years, according to the IEA.
First Day of UK Strike Begins
Monday, March 11, 2019 UK union Unite's offshore membership on the Total Elgin-Franklin platforms and the Total North Alwyn and Dunbar platforms has gone ahead with a 24-hour strike.
OPEC Will Be Squeezed by US Shale Until Mid-2020s
Monday, March 11, 2019 By 2024, OPEC's capacity to pump crude will shrink because of declines in Iran and Venezuela, according to the International Energy Agency.
Oil Prices Start Week Higher
Monday, March 11, 2019 The WTI spent part of Monday above the $57-mark.
Oil Endures Stormy Week
Friday, March 08, 2019 Oil struggled to sustain a rally as prices continued to get whipsawed by fears over the health of the global economy and OPEC's progress in averting a market glut.
Big Oil Dodges Bullet in Norway
Friday, March 08, 2019 Norway takes a partial step in divesting oil and gas stocks in its massive $1 trillion wealth fund, approving the sale of smaller exploration companies while sparing the biggest producers.
Oil Prices Modestly Mixed for the Week
Friday, March 08, 2019 The WTI is up--slightly--for the week while the Brent is down--also slightly--compared to March 1 figures.
Oil Stays Near $56
Thursday, March 07, 2019 Oil traded near $56 a barrel as investors weighed a U.S. crude-stockpile surge that threatens to undermine OPEC's bid to avert a glut against a drop in fuel inventories.
China Oil Use Seen Peaking in 2025
Thursday, March 07, 2019 The country that's driven global oil demand since the turn of the century may hit the brakes sooner than expected.
Former Energy Minister Appointed OGA Chairman
Thursday, March 07, 2019 The UK Business and Energy Secretary, Greg Clark, appoints Tim Eggar as the new chair of the Oil and Gas Authority.
Oil Prices Settle Higher
Thursday, March 07, 2019 April WTI and May Brent futures edged upward Thursday.
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