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UAE Signals It Will Atone for Pumping Too Much
Wednesday, September 16, 2020The United Arab Emirates sent a fresh signal it will make up for pumping too much oil in the past two months.
US GOM Production Shuts Again
Tuesday, September 15, 2020U.S. Gulf of Mexico oil and gas production has been shut-in as a response to Tropical Storm Sally.
Mexico Cuts Pemex Oil Output Forecast
Wednesday, September 09, 2020Mexico is cutting its 2021 forecast for oil production at Petroleos Mexicanos by 8.4 percent.
US GOM Oil Slowly Coming Back
Tuesday, September 01, 2020U.S. Gulf of Mexico oil production is slowly returning following Hurricane Laura.
70 Percent of US GOM Oil Still Offline
Monday, August 31, 2020Approximately 69.76 percent of the current oil production in the U.S. Gulf of Mexico remained shut in as of August 30.
Oxy in Billion Dollar Deal and More
Sunday, August 30, 2020Here are some more of Rigzone's top stories during the last week, just in case you missed them...
Oil Steadies on Mixed Storm Developments
Tuesday, August 25, 2020Oil steadied as one of two storm fronts menacing crude production and refineries in the U.S. Gulf of Mexico was downgraded, while the other gathered strength.
82+ Percent of US GOM Oil Production Offline
Tuesday, August 25, 2020Approximately 82.4 percent of the oil production in the U.S. Gulf of Mexico has been taken offline in response to tropical storms Marco and Laura.
1MM+ US GOM Barrels Shut In Due to Storms
Monday, August 24, 2020More than one million barrels of oil per day have been shut in on the U.S. Gulf of Mexico.
Oil Majors Make Uncomfortable Admissions
Saturday, August 22, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
Shut In Oil Production Is Coming Back
Monday, August 17, 2020Most U.S. onshore operators will restore nearly all shut in oil volumes by the end of the third quarter.
Phase 3 of Giant Brazil Project Launched
Monday, August 17, 2020Total SE announced Monday that it and its partners have decided to launch the third phase of the 'giant' Mero project.
OPEC+ Seeks to Defend Oil Market Gains
Monday, August 17, 2020OPEC and its allies have achieved the oil market equivalent of a high-wire act.
Oil Drilling Collapse Deepens
Sunday, August 16, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
US Shale Producers at a Crossroads
Tuesday, August 11, 2020U.S. shale producers are at a crossroads as they find themselves more efficient than ever.
LNG Train Starts Up on Gulf Coast
Monday, August 10, 2020The above photo shows the Cameron LNG facility in Hackberry, La. PHOTO SOURCE: McDermott International Ltd./Cision
NOPSEMA OKs Shell Crux Proposal
Thursday, August 06, 2020NOPSEMA has accepted an Offshore Project Proposal from Shell Australia to develop the Crux gas field in the Browse Basin.
Production Starts from Egypt Oil Discovery
Wednesday, July 29, 2020Eni S.p.A. reported Tuesday an oil discovery in the South West Meleiha Concession in Egypt’s Western Desert.
Spirit Extends Life of North Sea Field
Wednesday, July 29, 2020Spirit Energy revealed Wednesday that its York gas field in the Southern North Sea has been given an additional three years of life.
Frac is Back
Friday, July 24, 2020U.S. fracking is set for its first monthly rise this year, according to a new Rystad Energy analysis.
CNOOC Starts Production from Luda Project
Wednesday, July 22, 2020CNOOC Limited has announced that the Luda 21-2/16-3 regional development project has started production.
Petropars Bags Deals Worth $1.2B
Tuesday, July 21, 2020The Petroleum Engineering and Development Company awarded contracts to Petropars Group worth $1.26 billion.
What to Expect for US Crude Oil Production
Monday, July 20, 2020The future for the US oil industry could prove much better than some currently realize.
Oil Market Fundamentals Remain Precarious
Friday, July 17, 2020Oil market fundamentals remain precarious, according to Jefferies.
OPEC+ May Temper Production Rise
Wednesday, July 15, 2020OPEC+ is seeking extra production cuts from members that have missed their targets again in June.
Oil Market Heading in Right Direction
Wednesday, July 15, 2020The oil market is heading in the right direction, for now.
Oil Down on Signs OPEC+ Will Increase Output
Monday, July 13, 2020Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts.
NOC Redeclares Force Majeure on All Libya Exports
Monday, July 13, 2020Libya's National Oil Corporation has been forced to redeclare force majeure on all oil exports from the country.
What Happens to Oil in a 2nd Covid Wave?
Friday, July 10, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
NOC Lifts Force Majeure on All Libya Exports
Friday, July 10, 2020The National Oil Corporation in Libya has lifted force majeure on all oil exports from the country.
Oil Sands Explorers Restoring Production
Wednesday, July 08, 2020At least 20 percent of shut-in Canadian production is being restored.
One-Time Heart of Shale May Never Boom Again
Tuesday, July 07, 2020These days, the Bakken is looking like anything but a boom.
Conoco Turning on the Taps
Friday, July 03, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
ConocoPhillips to Ramp Up Oil Production
Tuesday, June 30, 2020ConocoPhillips said it will begin restoring curtailed oil production in July as crude prices rebound from their lockdown depths.
Austin Chalk Wells Go Online
Wednesday, June 24, 2020This photo shows Millennium's Chalk Talk #2H well in Gonzales, Texas. PHOTO SOURCE: Business Wire
Workers Returning to US GOM Platforms
Thursday, June 11, 2020The number of platforms in the US Gulf of Mexico which personnel remain evacuated from due to storm Cristobal is continuing to drop.
Saudis and Russia Unite to Handle Pinocchio Problem
Monday, June 08, 2020A deal to extend record OPEC+ output cuts was going smoothly, until Saudi Arabia and Russia discovered just how much some of their allies had been cheating.
Siemens Lands Contract Work for Petronas' Kasawari Gas Project
Thursday, June 04, 2020Once in production, the field will produce up to 900 million cubic feet per day of gas.
Traders Ask Why US Inventory Math Does Not Add Up
Thursday, June 04, 2020Oil traders and analysts scrutinizing U.S. inventory data for signs of a market recovery are being confronted by an odd situation.
Oil Steady as Demand Risks and OPEC+ Signs Weighed
Monday, June 01, 2020Oil steadied after a fifth weekly gain as investors weighed the demand threats from unrest in the U.S. and deteriorating relations between Washington and Beijing against signs that OPEC+ may extend supply cuts.
OPEC+ to Discuss Production Cut Extension
Monday, June 01, 2020OPEC+ is set to discuss a short extension of its current output cuts, according to a delegate.
Oil Down on Signs Russia May Ease Supply Cuts
Wednesday, May 27, 2020Oil declined from the highest settlement in 11 weeks on signs Russia was planning to start easing supply cuts from July.
CNOOC's Latest Penglai Phase Starts Production
Tuesday, May 26, 2020A new wellhead platform has been built, with 47 wells planned in total.
No One Expected Shale Cuts to Happen So Fast
Monday, May 18, 2020Drillers are laying down rigs and shutting in wells at a frantic pace in response to the plunge in oil prices caused by the coronavirus pandemic.
Pipe Giant Says Drillers Already Reopening Wells
Tuesday, May 12, 2020Some drillers in the biggest North American oil field are reopening wells shut in response to the pandemic-driven price collapse, according to pipeline giant Energy Transfer LP.
Oil Rally Runs Out of Steam on Trepidation
Wednesday, May 06, 2020Oil's rally ran out of steam after prices doubled over five days.
Ineos Builds 2 New US Hand Sanitizer Plants
Wednesday, May 06, 2020Ineos has built two new hand sanitizer plants in the U.S. in under 10 days as part of its response to the pandemic.
Total Targets Carbon Neutrality in 2050
Tuesday, May 05, 2020Total SA set out bolder commitments to eliminate most of its carbon emissions by 2050, while curbing spending on oil and gas projects due to the crude-price slump.
Diamond Files Chapter 11
Friday, May 01, 2020Here are some of Rigzone's top stories during the last week, just in case you missed them...
Norway Decides to Cut Oil Production
Thursday, April 30, 2020Norway's ministry of petroleum and energy revealed Wednesday that the country has decided to cut its oil production.