Health, Safety & Environment News

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OPEC+ Sticks to Planned Supply Hike
Thursday, December 02, 2021The group agreed to add 400,000 barrels a day of crude to global markets in January.

BofA Still Bullish on Oil Despite Omicron
Thursday, December 02, 2021Bank of America is sticking to its $85-a-barrel forecast.

South Africans Get Respite After Fuel Price Flub
Thursday, December 02, 2021South Africans finally got a sliver of good news.

Ex-FIFA Ref Gets Aberdeen Uni ET Director Role
Thursday, December 02, 2021Underhill used to be a professional football referee on the FIFA circuit.

OPEC+ Meets to Debate Output Boost
Wednesday, December 01, 2021Ministers have been tight lipped about their intentions.

Exxon To Spend $15B On GHG Reduction Projects By 2027
Wednesday, December 01, 2021Exxon will increase spending to $15 billion on GHG emission-reduction projects over the next six years.

RRC Adopts New Critical Designation Rules
Wednesday, December 01, 2021The new rules implement provisions in House Bill 3648 and Senate Bill 3.

TotalEnergies Launches Texas Biomethane Unit
Wednesday, December 01, 2021The biomethane will be used as an alternative fuel for mobility.

Newfoundland Refinery Gets New Life
Wednesday, December 01, 2021The idled Come By Chance refinery in Newfoundland and Labrador will be transformed into a green diesel plant.

Shale Output Discipline Begins to Pay Off
Wednesday, December 01, 2021Publicly listed oil producers have drastically changed their business model since Covid-19.

Shell Won't Abandon Green Transition in Face of High Oil Prices
Tuesday, November 30, 2021Shell is adhering to its energy transition strategy.

Gazprom Reports Record 3Q Profit
Tuesday, November 30, 2021Net income rose to 581.8 billion rubles ($7.8 billion) compared with a net loss a year ago.

Flooded BC Extends Fuel Rationing Ahead of Storm
Tuesday, November 30, 2021Parts of British Columbia are still struggling with damage from floods and landslides that closed highways and railways two weeks ago.

What Can We Expect From OPEC+?
Tuesday, November 30, 2021OPEC+ is scheduled to meet in the coming days.

USA Proceeds with SPR Release Despite Price Drop
Tuesday, November 30, 2021"We are not reconsidering," White House Press Secretary Jen Psaki told reporters.

Trader Super-Cycle Belief Has Been Dented
Tuesday, November 30, 2021Without that belief, the likelihood of prices regaining $85 per barrel quickly appears limited.

Biden Says USA Gas Prices Will Drop Soon
Monday, November 29, 2021Americans will see prices at the pump fall "before long".

OPEC+ to Discuss Omicron Response This Week
Monday, November 29, 2021Crude futures sank more than 10 percent in both London and New York on Friday amid fears that Omicron could hit demand.

McDermott LNG Net-Zero Study For Shell Complete
Monday, November 29, 2021McDermott has completed an LNG construction study for Shell identifying tangible reduction pathways toward net-zero construction emissions.

Trans Mountain Gives Pipeline Update
Monday, November 29, 2021Trans Mountain Corporation has made 'considerable progress'.

Saudi Energy Minister Not Concerned About Omicron
Monday, November 29, 2021OPEC+ meets Thursday to decide on January output.

Continued Oil Price Reduction Commentary Expected
Monday, November 29, 2021Rigzone's regular energy prognosticators look at expected U.S. Government moves, OPEC+ reactions and more.

Oil Rebounds as Traders Size Up Covid Threat
Monday, November 29, 2021Brent rallied, climbing along with West Texas Intermediate, after the global benchmark posted the seventh largest ever dive in last week's final session.

Top Headlines: BP Goes on Hydrogen Hiring Spree and More
Saturday, November 27, 2021Check out some of Rigzone's top stories this week.

Oil Crashes as New Covid Variant Roils Markets
Friday, November 26, 2021Both benchmarks tumbled on Friday with the emergence of the new variant.

Energy Aspects Says Oil Overreacting to Covid News
Friday, November 26, 2021The material hit to demand is likely about 15,000 barrels a day, chief oil analyst Amrita Sen said.

Parkland Pausing Burnaby Refinery Processing Ops
Friday, November 26, 2021The decision was made in response to the "ongoing crisis" in British Columbia.

SPR Release Symbolic and Political
Friday, November 26, 2021Rigzone's regular market watchers look at the effects of the U.S. Strategic Petroleum Reserve release, rig count trends, potential price spikes and more.

Shell Sees Major Potential for SAF in Asia
Friday, November 26, 2021Alternative aviation fuel, which can be made from feedstocks including algae and cooking oil, is still a lot more expensive than traditional jet fuel.

China On Board With Oil Release
Friday, November 26, 2021China's ambiguity on whether it will join the U.S.-led coordinated release of oil reserves is aimed at a domestic audience.

Halliburton Unit Hired to Plug Delta Spill
Thursday, November 25, 2021Halliburton's Boots & Coots unit has been called in by independent producer Aiteo Eastern E&P Co. to contain a leak.

UAE Says It Has No Prior Position Before OPEC+ Meeting
Thursday, November 25, 2021The UAE remains fully committed to the OPEC+ alliance.

New Type of Price War is Brewing
Thursday, November 25, 2021A new and unchartered type of price war is brewing, according to Rystad Energy.

California Gasoline Price Hits Record on Thanksgiving
Thursday, November 25, 2021The average price for regular unleaded gasoline in California hit a new record.

Asia Oil Refining Renaissance Grinding into Reverse
Thursday, November 25, 2021Margins from processing crude across Asia slipped from recent highs this month.

Chevron Venezuela Operations in Limbo
Thursday, November 25, 2021The U.S. is leaving Venezuelan operations of Chevron Corp. at a standstill.

OPEC+ Urged to Relieve Artificial Tightness
Wednesday, November 24, 2021The Organization of Petroleum Exporting Countries and its allies will meet next week to discuss production policy.

McDermott Nets EPFC Deal with Woodfibre LNG
Wednesday, November 24, 2021Woodfibre LNG will be the cleanest LNG export facility in the world.

Shale Patch Sees Limited Impact from Biden Oil Release
Wednesday, November 24, 2021Industry players generally agreed that the move will have a limited effect on lowering gasoline prices.

Anti-OPEC+ Officially Emerges
Wednesday, November 24, 2021A set of top oil-consuming countries are taking the supply-side dynamics into their own hands.

RBC Says USA May Release More Oil Reserves
Tuesday, November 23, 2021The U.S. believes it has the ability to release more oil from its reserves, according to RBC Capital Markets analysts.

Environmentalists Protest Shell Seismic Work Off South Africa
Tuesday, November 23, 2021Around 200 environmental activists gathered to protest the arrival of seismic acquisition vessel Amazon Warrior in Cape Town harbor ahead of starting a survey campaign for Shell.

Total, Eni Ready to Invest Billions in Libya
Tuesday, November 23, 2021Total will put $2 billion into Libya's Waha oil project, which will boost production by around 100,000 barrels a day.

API, NOIA React to House Reconciliation Bill Passage
Tuesday, November 23, 2021The American Petroleum Institute and the National Ocean Industries Association comment on the U.S. House of Representatives passing the reconciliation bill.

USA Sanctions Ship Involved in NS2 Gas Pipeline
Tuesday, November 23, 2021The U.S. imposed sanctions on a ship involved in the construction of the Nord Stream 2 gas pipeline.

This Is What the Market Will Now Focus On
Tuesday, November 23, 2021Rystad Energy's senior oil market analyst outlines what the market will now be focusing on.

COL Presidential Front Runner Would End Oil Exploration
Monday, November 22, 2021Petro, a left-wing candidate in next year's presidential race, said he'd move Colombia away from an 'extractivist' economy based on fossil fuels.

$15B Aramco Deal Goes Awry
Monday, November 22, 2021Reliance and Saudi Aramco signed a non-binding letter of intent in August 2019.

Duo To Develop Carbon Capture Projects In Europe, Middle East
Monday, November 22, 2021Technip Energies and Svante have agreed to further develop Svante’s solid sorbent carbon capture technology and provide integrated solutions from concept to project delivery.

Yemen Rebels Say They Attacked Aramco Refineries
Monday, November 22, 2021A total of 14 drones were used in the attacks, Yahya Saree, spokesman for the Houthi armed forces said in a statement Saturday.