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Maduro Calls for More Sanctions Relief After Chevron License
Thursday, December 01, 2022Venezuela President Nicolas Maduro urged the U.S. to ease more sanctions on the country's beleaguered oil industry.

Gasoline Price Drops Below $3.50 for 1st Time Since February
Thursday, December 01, 2022The average price of gasoline dropped below $3.50 a gallon for the first time since February.

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

House Passes Legislation to Avert Rail Shutdown
Thursday, December 01, 2022The threat of the rail strike was identified as a short-term supply risk in Rystad Energy's latest North America gas and LNG market update.

Europe Winter Chill Will Challenge Energy Systems
Thursday, December 01, 2022Temperatures across Europe likely will plummet this month.

North Sea Decom Over Next Decade To Cost Around £20Bn
Thursday, December 01, 2022Decommissioning of North Sea oil and gas installations in the next decade will cost around £20 billion, Offshore Energies UK claims.

Case For Another Significant OPEC+ Cut is Weak
Thursday, December 01, 2022The case for another significant OPEC+ cut similar to October's is weak.

Eni Weighs Takeover of $5B Neptune
Wednesday, November 30, 2022Eni is considering a takeover of private equity-backed oil and gas explorer Neptune Energy Group Ltd, people familiar with the matter said.

Will BP Stop Publishing World Energy Review?
Wednesday, November 30, 2022'We're looking at options'.

Will The INTOG Leasing Round Do What It Says On The Label?
Wednesday, November 30, 2022On November 18, the competitive leasing period for the INTOG offshore wind process came to a close and Westwood analyzed the risks involved.

EU Is Hooked on Russia LNG
Wednesday, November 30, 2022Liquefied natural gas imports from Russia are up about 40 percent in a year.

Offshore Norway Sees Discoveries and Dusters Over the Last Month
Wednesday, November 30, 2022It's been a mixed bag in terms of oil and gas exploration offshore Norway over the past month or so.

Analyst Flags Rail Strike Threat as Short Term Supply Risk
Wednesday, November 30, 2022The threat of a sweeping rail strike has been identified as a short-term supply risk.

Chevron to Send First Venezuelan Crude Shipment to USA by Late Dec
Wednesday, November 30, 2022Washington on Saturday granted the San Ramon, California-based company a limited license to restart some work in Venezuela.

Oil Tanker Hijacked for 2nd Time in 12 Months
Wednesday, November 30, 2022The B OCEAN was subject to a second hijack and fuel theft this year.

What Will OPEC+ Do Next?
Tuesday, November 29, 2022The Organization of Petroleum Exporting Countries and allies including Moscow meet this weekend to decide on output.

BOEM to Offer 958K Acres Off Alaska Coast in New Lease Sale
Tuesday, November 29, 2022The sale will offer for lease 193 blocks in the northern part of the Cook Inlet Planning Area in federal waters.

Russian Diesel Halt Still Looking Like Europe's Big Problem
Tuesday, November 29, 2022Europe continues to lean heavily on Russia as a source of diesel.

Timing of Sao Tome Coup Attempt Bad for Hydrocarbon Sector
Tuesday, November 29, 2022'The coup attempt is incredibly damaging for the country's political and ESG credentials, and will likely deter investors in the nascent oil and gas industry'.

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'.

G7 Net Zero Pledges Could Hike Hydrogen Demand 7 Times
Tuesday, November 29, 2022G7 members can be the front runners in low carbon and green hydrogen deployment, a new report by the International Renewable Energy Agency claimed.

OPEC+ Seen Considering Deeper Output Cuts
Tuesday, November 29, 2022OPEC and its allies are expected to consider deeper supply curbs.

Global Crude Oil Inventories Rising
Tuesday, November 29, 2022Global crude oil inventories have been rising prior to a European embargo on Russian crude imports.

Ghana in Talks With Dubai Oil Refiner to Barter Gold for Fuel
Monday, November 28, 2022'Starting next October, all our oil-product needs would be swapped for gold'.

USA Adds Rigs Again
Monday, November 28, 2022The U.S. added a total of two land rigs week on week.

Russia Drafts Decree Banning Oil Sales to Price Cap Participants
Monday, November 28, 2022The European Union has been struggling to agree on how strict a price cap should be.

Final Guidance Published for Tribes to Pick Up Orphaned Well Grant
Monday, November 28, 2022The final guidance provides instructions to Tribes on how to apply for orphaned well grants.

EU Diesel Market Caught Between Rock and a Hard Place
Monday, November 28, 2022The European Union is caught between a rock and a hard place.

Gas Still The Big Hope For Achieving Net-Zero
Monday, November 28, 2022The energy sector accounts for nearly 80 percent of GHG emissions, primarily from fossil fuel consumption.

Wood Mackenzie: Five Key Takeaways From COP27
Monday, November 28, 2022With the COP27 now wrapped up, Wood Mackenzie's Energy Transition team shared their five key takeaways from the climate summit.

Chevron to Resume Venezuela Oil Output
Monday, November 28, 2022The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela.

North Sea Semi-Sub Utilization Up But Rigs Are Leaving The Region
Monday, November 28, 2022Utilization and deal awards to North Sea semi-submersibles during 2022 improved, but the 2023 demand outlook could result in more units leaving the region next year.

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'.

Shell Selling Stakes in UK North Sea Oil Fields
Sunday, November 27, 2022Shell is selling its stakes in a group of North Sea oil fields, according to marketing materials seen by Bloomberg News.

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

EU Set to Resume Talks on Price for Russian Oil Cap Tonight
Friday, November 25, 2022European Union diplomats are set to meet Friday evening to see if they can hammer out a final deal.

Sempra and ConocoPhillips Strike 20 Year LNG Deal
Friday, November 25, 2022Sempra Infrastructure and ConocoPhillips have executed a 20-year Sale and Purchase Agreement for five million tons per annum of LNG.

Oil Freight Boom Makes $1MM Waiting Bills More Common
Friday, November 25, 2022With soaring shipping costs comes soaring bills for ships doing nothing.

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

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

How Are the World's Top Oil Producers Doing at the World Cup?
Friday, November 25, 2022How are the top oil producers faring at the FIFA World cup?

Ex-Chief of Norway Defense Recommended for Equinor Board Election
Friday, November 25, 2022Equinor's latest board recommendation comes after the Norwegian Government announced in September that it had decided to heighten emergency preparedness.

Saudi Aramco Base Oil Gets Nod for $1B Riyadh IPO
Thursday, November 24, 2022Saudi Aramco Base Oil Co has received regulatory approval for an initial public offering in Riyadh.

UK's Ofgem Updates Energy Price Cap
Thursday, November 24, 2022The cap is set to rise to an annual level of GBP 4,279 ($5,185) in January 2023.

Deepwater Oil And Gas Production To Rise 60pct By 2030
Thursday, November 24, 2022Deepwater production is set to increase by over 60 percent between 2022 and 2030, growing from 6 to 8 percent of overall upstream production.

California Governor Accused of Playing Politics on Gasoline Prices
Thursday, November 24, 2022Refiner PBF Energy Inc. has rejected a request from California energy regulators to testify at a hearing next week on gasoline price spikes.

Gazprom May Cut Supplies Via Ukraine This Month
Thursday, November 24, 2022Supplies to Europe would be further reduced if flows via Ukraine are halted.

Fitch Solutions Lowers Gasoline Price Forecast
Thursday, November 24, 2022Fitch Solutions Country Risk & Industry Research has lowered its NYMEX RBOB gasoline price forecasts for 2022 and 2023.

EU Aims for Russian Oil Price Cap Deal
Thursday, November 24, 2022European Union diplomats are optimistic they can reach a deal as early as Thursday.

North Sea Authority Launches Another Investigation
Thursday, November 24, 2022The NSTA outlined that its probe could result in action being taken.