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Industry Body Sets Out 7 Key Asks for Future UK PM
Monday, August 15, 2022Offshore Energies UK has written open letters to UK prime ministerial hopefuls Rishi Sunak and Liz Truss.
Oil Market Watcher Flags Inflation Reduction Act
Monday, August 15, 2022Rigzone's regular energy prognosticators take a look at the Inflation Reduction Act, gasoline demand, and the hope of oil 'longs'.
Buffett Boosts Oxy Stake
Monday, August 15, 2022The amount of Occidental securities beneficially owned by Berkshire now stands at 188,366,460, according to a SEC filing.
North America Drops Rigs
Monday, August 15, 2022North America dropped three rigs week on week.
Top Headlines: 88 Energy Makes Billion Barrel Oil Announcement and More
Saturday, August 13, 2022Check out some of Rigzone's top stories during the last week.
Oil Price Rally Explained
Friday, August 12, 2022Rigzone's regular market watchers focus on the latest crude oil market moves, inventory trends, demand expectations and more.
Freeport LNG Withdraws Force Majeure
Friday, August 12, 2022Freeport LNG has withdrawn the force majeure that was declared for an explosion at the site.
USA Gasoline Price Drops to Under $4
Friday, August 12, 2022The U.S. regular average gasoline price dropped to under $4 per gallon on Thursday.
Trans Mountain Corporation Appoints New President and CEO
Friday, August 12, 2022The appointment is effective August 15.
Can Europe Live Without Russian Gas?
Thursday, August 11, 2022It was once thought unthinkable that Europe could get through a winter comfortably without Russian gas.
88 Energy Makes 1 Billion Barrel Oil Announcement
Thursday, August 11, 2022'Resources of this magnitude present our shareholders with significant upside potential and opportunity'.
Cuba Supertanker Blaze Under Control
Thursday, August 11, 2022The fire at the supertanker base of Matanzas has been controlled.
Centrica and Delfin in $8.4B LNG Deal
Thursday, August 11, 2022Centrica and Delfin Midstream Inc have announced the signing of a heads of agreement.
Brent-WTI Oil Price Spread at Highest Point Since 2014
Wednesday, August 10, 2022The price spread between Brent and West Texas Intermediate oil increased to a high of $13.26 per barrel on July 29.
Global Onshore Crude Stocks Edge Down
Wednesday, August 10, 2022'Global onshore crude stocks edged down from their mid-May peak'.
457MW California Solar Project Reaches Full Power
Wednesday, August 10, 2022The Palen Solar Project is a 457-megawatt photovoltaic facility in Riverside County, California.
Devon in $1.8B Eagle Ford Deal
Wednesday, August 10, 2022The transaction is expected to close at the end of the third quarter of 2022.
Oil Supermajors Continue to Hold Back on Investment
Tuesday, August 09, 2022Oil supermajors continue to hold back on investment as mid-year guidance remains mostly firm.
IRA Dubbed Most Consequential Energy Legislation in Decades
Tuesday, August 09, 2022The IRA will be 'the most significant federal climate action ever'.
BP Selling Stake in Ohio Refinery
Tuesday, August 09, 2022The BP-operated refinery can process up to 160,000 barrels of crude oil per day.
USA Driving Season Labeled Major Disappointment
Tuesday, August 09, 2022'The driving season, which most assume starts in late May, has not provided the usual boost to demand this year'.
USA Senate Passes Inflation Reduction Act
Monday, August 08, 2022The U.S. Senate has passed the Inflation Reduction Act of 2022.
One Killed in Cuba Supertanker Fire
Monday, August 08, 2022The fire was caused by an electrical discharge at the base of the Matanzas supertanker.
Market Watcher Flags Oil Buy Signal
Monday, August 08, 2022Rigzone's regular energy prognosticators take a look at technical pricing aspects of West Texas Intermediate oil, weather patterns in August, refinery maintenance implications and more.
USA Drops Rigs
Monday, August 08, 2022The U.S. rig count dropped week on week.
Above Normal Atlantic Hurricane Season Still on the Cards
Sunday, August 07, 2022NOAA forecasters slightly decreased the likelihood of an above-normal Atlantic hurricane season to 60 percent.
Top Headlines: Pantheon Hits Multiple Oil Reservoirs at 2nd Alkaid Well
Saturday, August 06, 2022Check out some of Rigzone's top stories during the last week.
Chesapeake Tightens Strategic Focus
Friday, August 05, 2022'Simply put, we are tightening our strategic focus around our best rock, best operations and lowest emissions footprint'.
UK PM Hopefuls Invited to Energy Debate
Friday, August 05, 2022UK prime ministerial hopefuls Liz Truss and Rishi Sunak have been invited to take part in a Net Zero and Energy Security Hustings.
Oil Prices Drop to Levels Not Seen in Months
Friday, August 05, 2022Brent crude and West Texas Intermediate oil prices dropped.
What Fueled Oil Price Downtrend?
Friday, August 05, 2022Rigzone's regular market watchers focus on the factors that fueled the oil price downtrend, OPEC+'s latest moves, driving season trends and more.
OPEC+ Flags Severely Limited Availability of Excess Capacity
Thursday, August 04, 2022The 31st OPEC and non-OPEC ministerial meeting, which was held via videoconference on Wednesday, offered several warnings.
Who Are the Biggest Producers and Consumers of Renewables?
Thursday, August 04, 2022BP's latest annual statistical review of world energy has revealed the biggest producers and consumers of renewable energy.
Oil Majors Make Leadership Changes
Thursday, August 04, 2022Chevron Corporation (NYSE: CVX) and BP (NYSE: BP) have announced leadership changes.
Analyst Gives Year-End Oil Price Warning
Thursday, August 04, 2022Downside risks are becoming more prominent.
USA Gas Prices Hit 14 Year Seasonal High
Wednesday, August 03, 2022U.S. gas prices hit at a 14-year seasonal high as the country battles persistent high temperatures.
Senator Sinema Key to Passing Schumer-Manchin Bill
Wednesday, August 03, 2022Kyrsten Sinema, the U.S. Senator for Arizona, is said to be the key.
OPEC+ Ministers Have Near Clean Sheet for September Policy
Wednesday, August 03, 2022For the first time in over a year, there is no pre-agreed target increase to rubberstamp.
Fitch Solutions Unveils Latest Oil Price Forecast
Wednesday, August 03, 2022Fitch Solutions Country Risk & Industry Research reveals its latest Brent oil price forecast.
Who Is Europe's Top Gas Supplier?
Tuesday, August 02, 2022A new BofA Global Research report sent to Rigzone recently has revealed the identity of Europe's number one gas supplier.
USA Treasury Takes More Iran Oil Action
Tuesday, August 02, 2022The U.S. Department of the Treasury announced that its Office of Foreign Assets Control has taken action against certain companies.
Transocean Contract Backlog Hits $7B+
Tuesday, August 02, 2022Transocean's contract backlog is valued at more than $7 billion.
New OPEC Secretary General Takes Office
Tuesday, August 02, 2022Haitham Al Ghais of Kuwait has taken office as Secretary General of the Organization of the Petroleum Exporting Countries.
Oil Market Watchers Eye Russia, China, USA Interchange
Monday, August 01, 2022Rigzone's regular energy prognosticators take a look at the ongoing political interchange between Russia, China and the U.S., potential oil price pressures, continuing market volatility and more.
Oil Majors, Elon Musk to Appear at ONS This Month
Monday, August 01, 2022Elon Musk and the CEOs of Shell, TotalEnergies and Equinor are scheduled to appear as speakers.
Number of Crude Oil Tankers Loading in Russian Ports Falls Sharply
Monday, August 01, 2022The number of crude oil tankers at sea that loaded in Russian ports fell sharply in July.
USA Ramps Up Rig Count
Monday, August 01, 2022The U.S. boosted its rig count week on week.
Ineos and Sinopec Sign Significant $7B Petrochemical Deals
Sunday, July 31, 2022Ineos and Sinopec have signed three 'significant' petrochemical deals.
Top Headlines: Formosa 2 Wind Farm Passes Significant Milestones and More
Saturday, July 30, 2022Check out some of Rigzone's top stories during the last week.
UK CCS Could Be Worth $120B+ to Local Employers
Friday, July 29, 2022Supply chain companies in the UK offshore oil and gas sector are in 'prime position' to win work in CCS if 'urgent action' is taken.