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Results 50 articles shown
Deepwater's Happy Days Almost Here Again
Monday, September 24, 2018 Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for profits.
Lower for Longer's Days May Be Numbered
Monday, September 24, 2018 The commitment to live with "lower for longer" oil might not last that long after all.
Asia's Oil Market Torrid Amid Iran Sanctions and Mega-Refineries
Monday, September 24, 2018 "Refiners will have to buy whatever crude they can get their hands on," said Amrita Sen, chief oil analyst at consultant Energy Aspects Ltd.
$11 Trillion Needed in Oil Sector to 2040
Monday, September 24, 2018 In the period to 2040, the required global oil sector investment is estimated at $11 trillion.
Return of $100 Oil Seen by Top Traders
Monday, September 24, 2018 Major oil trading houses are predicting the return of $100 crude for the first time since 2014.
Oil Rises as Supples Wane at America's Key Inland Storage Site
Friday, September 21, 2018 Oil climbed in New York as the supplies stowed at the biggest US storage hub dwindled.
Executive Tackles Disruptions in Energy Transition
Friday, September 21, 2018 Oil and gas executives discuss possible disruptions the industry faces during the Houston Energy Breakfast.
Russia's Biggest Oil Producers Enjoy Record Production and Ruble Rally
Friday, September 21, 2018 Russia's oil and gas companies are living through the best of times.
OPEC Squabbles Lose Relevance as Saudis and Russia Set the Agenda
Friday, September 21, 2018 OPEC and its allies seem poised for another contentious meeting in Algeria this weekend.
Crude Oil and Gasoline Tumble in Twitterverse Tizzy
Thursday, September 20, 2018 Just one of the four commodity benchmarks Rigzone tracks was unfazed by a tizzy in the Twitterverse.
Offshore Investments to Outpace Shale in 2019
Thursday, September 20, 2018 Rystad reports that investments in offshore projects will be higher than shale investments, shake-up from previous years.
Strong Growth in Short Term Egypt Gas Production Expected
Thursday, September 20, 2018 Fitch Solutions Macro Research expects 'strong growth' in gas production in Egypt in the short term, a new report by the company has revealed.
OPEC's Decade of Turmoil Leaves Cartel Seeking a New Way Forward
Thursday, September 20, 2018 OPEC's 60-year history has rarely confronted a more challenging period than the past decade.
The $13 Billion Offshore Jobs Engine
Wednesday, September 19, 2018 There's plenty of work available sunsetting offshore platforms.
Oil Near Week's High as Supply Data Tempers Saudi View on Prices
Wednesday, September 19, 2018 Brent oil held near the highest level in a week as investors weighed a potential gain in US crude stockpiles against Saudi Arabia's comfort with prices rising above $80 a barrel.
Oil Rises as Saudis Said to Be Content with Prices Over $80
Tuesday, September 18, 2018 Oil rose as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel.
OPEC Warns of Threats to Oil Supply from Iran and Other Producers
Tuesday, September 18, 2018 The Organization of Petroleum Exporting Countries is concerned by threats to crude supply from large producers such as Iran, according to the group's top official.
Tale of Two Oil Markets: Brent Bulls Split From US Optimists
Monday, September 17, 2018 For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade.
OPEC Sees Need to Keep Oil Supply Deal as Demand Faces Headwinds
Monday, September 17, 2018 OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces 'headwinds,' the head of the organization said.
Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply
Friday, September 14, 2018 Crude posted a third weekly advance out of four as Iranian sanctions take center stage.
Baker Hughes: US Drillers Add Oil Rigs For Second Week In Three
Friday, September 14, 2018 US energy companies this week added oil rigs for the second time in the last three weeks.
Crude Oil Whipsaws on Demand Concerns
Thursday, September 13, 2018 October WTI fell by 2.5%, erasing earlier gains this week.
Saudis Hire Ex-Solicitor General Olson to Lobby Against NOPEC
Thursday, September 13, 2018 Saudi Arabia is taking no chances with the longshot NOPEC bill, hiring former Solicitor General Ted Olson as a lobbyist to campaign against the act.
Oil Slips as Economic Concerns Counter Tightening Supplies
Thursday, September 13, 2018 Oil prices fell on Thursday, reversing some of the strong gains from the previous session.
EIA: US Likely Became Biggest Oil Producer Earlier This Year
Wednesday, September 12, 2018 US likely overtook Russia and Saudi Arabia in terms of oil output to become the world's biggest producer earlier this year.
WTI Clears $71, Brent Flirts with $80
Wednesday, September 12, 2018 The latest batch of US crude inventory figures from the API contributes to bullish oil price movements during midweek trading.
Meet the Shalennials: CEOs Under 40 Making Millions in Texas Oil
Wednesday, September 12, 2018 Dozens of young entrepreneurs, mostly in their 30s, are running private-equity-backed companies in the frenzied boom in West Texas and New Mexico that may each be worth billions of dollars.
Oil Hovers Near $80 A Barrel As Concern Grows Over Global Supply
Wednesday, September 12, 2018 Oil eased, having neared its highest level this year after a drop in US crude inventories.
Oil and Gas Sales Value in Scotland Rises Almost 20 Percent
Wednesday, September 12, 2018 The approximate sales value of oil and gas produced in Scotland in the 2017-18 financial year is estimated to be $26 billion (GBP 20 billion), according to a new report released Wednesday.
Norway Poised to Tussle with Global Giants in German Gas Market
Wednesday, September 12, 2018 After supplying Europe's biggest economy with natural gas for more than 4 decades, Norway is preparing to defend its share as the world's biggest producers all vie for a larger slice of the $21 billion market.
WTI Rises 2.5 Percent on Hurricane Threat
Tuesday, September 11, 2018 Crude oil and reformulated gasoline surged as three named tropical systems churned in the Atlantic Ocean.
Free Cash Flow on UKCS Could Be Over $12.9B in 2018
Tuesday, September 11, 2018 Free cash flow on the UK Continental Shelf could be more than $12.9 billion (GBP 10 billion) this year, for the first time since 2010.
Shippers Fear Engine Failures as Industry is Forced to Upgrade its Fuel
Tuesday, September 11, 2018 Add oil tankers breaking down at sea to the list of things shipping companies are worrying about as they brace for a once-in-a-generation overhaul to the kind of fuel the industry must consume.
West of Shetland Touted as Place to be for UK Growth
Tuesday, September 11, 2018 For UK growth, the West of Shetland is the place to be, according to a new report by Wood Mackenzie.
Oil Prices Climb Ahead of US Sanctions on Iran
Tuesday, September 11, 2018 Oil prices rose on Tuesday as US sanctions squeezed Iranian crude exports.
Oil Steadies As US Inventory Concerns Curb Gains
Monday, September 10, 2018 Oil prices were mixed, pulling back from an early rally after data suggested US crude inventories might build, weighing on the market.
New Report Predicts When Gas Will Become Dominant Energy Source
Monday, September 10, 2018 New report from DNV GL outlines when gas will overtake oil demand to become the dominant energy source.
Baker Hughes: US Oil Drillers Cut Rigs For Second Week In Three
Friday, September 07, 2018 US energy companies cut oil rigs for the second week in three as the rig count has stagnated over the past three months along with crude prices.
5 Reasons Your Wells Are Not Delivered On Time
Friday, September 07, 2018 As the oil and gas market begins to swing up, this article troubleshoots the roadblocks to timely well delivery that industry leaders face.
In Response to Trump, Saudis Increase Oil Exports to US
Friday, September 07, 2018 Saudi Arabia has markedly increased oil exports to America.
New Study Reveals UKCS Could Save $1.9B Annually through Data Analytics
Friday, September 07, 2018 Adopting data analytics and digital technologies for asset maintenance and operations could increase production and lower maintenance costs worth $1.9 billion annually to the UKCS, according to a new study.
China Trade War Fears, EIA Report Keep Crude in Check
Thursday, September 06, 2018 Concerns about trade between the US and China, coupled with a mixed US government report, contribute to bearish crude oil price movement.
Oil Gains From Dollar Weakness; Focus Pinned On Demand Outlook
Thursday, September 06, 2018 Oil rose, encouraged by a weaker dollar and evidence of strong US fuel demand.
Driller Transocean Eyes Improved Lease Rates, Activity In 2019
Wednesday, September 05, 2018 Transocean expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019.
Flush with Cash, Majors Seek to Tap Africa's Vast Resources
Wednesday, September 05, 2018 Africa is entering the oil-hunt spotlight as drillers are turning their attention back to the continent's potentially vast resources.
Oil Drops Below $78 As Supply Concern Eases, Demand Worries Mount
Wednesday, September 05, 2018 Oil fell below $78 a barrel as a US Gulf tropical storm weakened and moved away from oil-producing areas.
Oil Traders Weigh Gordon's Impact
Tuesday, September 04, 2018 A US Gulf Coast storm, unrest in Libya and news concerning Venezuela and Iran contributed to an uptick in crude oil prices Tuesday.
Russell: China Will Buy More LNG, But Wants It Smoother, Less Lumpy
Tuesday, September 04, 2018 China appears set to once again boost its purchases of LNG for the northern winter.
Oil Slips As Trade War Worries Outweigh Iran Sanctions
Friday, August 31, 2018 Oil prices slipped, pressured by renewed concerns that a global trade war could dent energy demand.
Baker Hughes: US Drillers Add Oil Rigs For The First Time In Three Weeks
Friday, August 31, 2018 US energy companies added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported.