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Hundreds Of UK Offshore Workers Set To Strike Next Week
Friday, December 03, 2021After an improved offer from their employers was rejected, some 300 oil and gas workers in the UK North Sea will be going on strike next week.
Exxon Plans Below Inflation USA Pay Raises
Friday, December 03, 2021Exxon's salary raises come after a difficult two-year period for the company and its employees.
ConocoPhillips Completes $9.5B Shell Deal
Thursday, December 02, 2021The assets include around 225,000 net acres and producing properties located entirely in Texas.
Chevron Sets 2022 Spending Budget At $15B
Thursday, December 02, 2021Chevron has announced a 2022 organic capital and exploratory spending program of $15 billion, up more than 20 percent from 2021 expected levels.
Shale Drillers to Lift USA Spending 19 Percent
Thursday, December 02, 2021Expenditures will rise to $83.4 billion in 2022, the highest since the Covid-19 pandemic emerged.
Petrobras Sees More Oil Field Sales
Wednesday, December 01, 2021Brazil's state-controlled oil company plans to continue selling off its least profitable oil fields.
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.
Shale Output Discipline Begins to Pay Off
Wednesday, December 01, 2021Publicly listed oil producers have drastically changed their business model since Covid-19.
Samsung Nets $1.23B Deal For Jafurah Gas Treatment Facility
Wednesday, December 01, 2021Samsung Engineering has received a contract for the Jafurah Gas Process Package #1 Project from Saudi Aramco worth $1.23 billion.
BP Loads Out 1,000th Crude Oil Tanker From Black Sea Terminal
Tuesday, November 30, 2021The BP-operated Western Route Export Pipeline has loaded out the 1,000th tanker at the Supsa terminal on the Black Sea.
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.
North America Rig Count Rises
Monday, November 29, 2021Six of the weekly additions came from the U.S. in the form of land rigs.
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.
Aibel Scores $560 Million In Deals With Equinor
Wednesday, November 24, 2021Equinor has signed contracts with Aibel for work on four projects worth around $560 million.
Texas Upstream Employment Rises Again
Tuesday, November 23, 2021The rise marked the sixth consecutive month of job growth for the industry since April.
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.
USA Adds 7 Rigs
Monday, November 22, 2021Total rig figures in the country now stand at 563.
Woodside Gives Green Light For Scarborough, Pluto Train 2
Monday, November 22, 2021Woodside has approved the investment for the Scarborough offshore gas project as well as the Pluto Train 2 development.
Mobile Carbon Capture in Shipping is Feasible
Monday, November 22, 2021Mobile carbon capture in shipping is technically feasible.
Petronas, TechnipFMC To Develop GHG Emission-Reducing Tech
Friday, November 19, 2021TechnipFMC and Petronas have entered into an agreement to commercialize a unique natural gas processing membrane that reduces GHG emissions.
NOG in Permian Expansion with Significant Deal
Thursday, November 18, 2021The effective date for the transaction is October 1 and Northern expects to close the deal in the first quarter of next year.
Ironwood Significantly Expands Eagle Ford Shale Footprint
Thursday, November 18, 2021The Ironwood leadership team has assumed management of the Nuevo Midstream Dos assets.
Workers On TotalEnergies UK Offshore Platforms Set To Go On Strike
Wednesday, November 17, 2021Around 300 employees working for Ponticelli UK and Semco Maritime on TotalEnergies' North Sea offshore facilities in the UK have voted in favor of going on strike.
Halliburton and Cairn Sign MOU
Wednesday, November 17, 2021The alliance will evolve through three distinct stages of conceptual design, conceptual detailing and execution.
Technip Energies, Petronas To Jointly Develop Carbon Capture Tech
Tuesday, November 16, 2021Technip Energies and Petronas have agreed to work together on the further development and commercialization of carbon capture technologies.
Shale Making Too Much Money to Rescue Biden
Tuesday, November 16, 2021U.S. oil explorers are making more money than at any time since the shale revolution began over a decade ago, according to Deloitte LLP.
North America Adds Several Rigs
Monday, November 15, 2021Compared to this time last year, North America's total rig count has risen by 323 rigs.
Top Headlines: Maersk Drilling Merging with Noble Corporation and More
Saturday, November 13, 2021Check out some of Rigzone's top stories during the last week.
Civitas Buys Credits to Offset Carbon Emissions
Friday, November 12, 2021The credits cover emissions from the company's operations and the power and heat it uses, classified as Scope 1 and Scope 2, according to Ben Dell, its chairman.
Var Energi Targeting Net-Zero From Its 35 Oil And Gas Fields By 2030
Thursday, November 11, 2021Var Energi has revealed a set of new climate goals, one of them being climate neutrality by 2030.
Baker Hughes, Shell Pair To Accelerate Energy Transition
Thursday, November 11, 2021Baker Hughes and Shell have teamed up to accelerate the energy transition and reach net-zero carbon emission goals.
USA EIA Releases Latest Oil Price Forecast
Wednesday, November 10, 2021The EIA's November STEO highlighted that Brent crude oil spot prices averaged $84 per barrel in October.
USA Should Have Enough Gas to Avert Energy Crisis
Tuesday, November 09, 2021Americans should have enough natural gas to keep homes warm and factories running.
Vitol Says OPEC+ and Saudis Will Stay Cautious
Monday, November 08, 2021U.S. President Joe Biden called on OPEC+ to speed up the easing of supply curbs it began in early 2020 with the onset of the coronavirus pandemic.
USA Adds Several Rigs Week on Week
Monday, November 08, 2021The total rig count in the U.S. now stands at 550, according to Baker Hughes.
Permian Sees 70 Percent Drop in Methane Emissions Intensity
Monday, November 08, 2021Methane emissions intensity in the Permian Basin has dropped almost 70 percent.
Pioneer Announces $3.25B Permian Deal
Friday, November 05, 2021The deal is expected to close towards the end of the fourth quarter of this year.
COP Produces Pact to End Fossil Fuel Funding
Thursday, November 04, 2021The pact isn't binding but aims to stop foreign fossil fuel funding by the end of 2022.
Biden Begins Assault on Climate-Warming Methane
Tuesday, November 02, 2021The Biden administration is launching an assault on methane, advancing initiatives across the globe to keep the gas from escaping landfills, oil wells, and farms.
ExxonMobil, Pertamina To Evaluate CCS Potential in Indonesia
Tuesday, November 02, 2021ExxonMobil and Pertamina have signed an MoU to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia.
BlackRock Draws $673M To Fund Climate Infrastructure Projects
Tuesday, November 02, 2021BlackRock has drawn in $673 million in funding as part of a plan to invest in climate infrastructure in emerging markets.
USA Adds Rigs Week on Week
Monday, November 01, 2021The country's total rig count now stands at 544.
Nabors Becomes Chesapeake Preferred Drilling Contractor
Monday, November 01, 2021Nabors said it and Chesapeake are teaming up to further enhance drilling performance.
Iran News Sends Oil Prices Lower
Friday, October 29, 2021Rigzone's regular market watchers look at oil prices, the potential restart of Iran nuclear talks, Shell's pushback on breakup calls and more.
Saudi Arabia Commits To Reaching Net-Zero By 2060
Wednesday, October 27, 2021Saudi Arabia has revealed its intent to reach net-zero greenhouse gas emissions by 2060.
Texas Upstream Employment Rises
Tuesday, October 26, 2021The employment rise last month marked the fifth consecutive month of job growth since April.
Aberdeen Chooses BP As Preferred Bidder For Hydrogen Partnership
Tuesday, October 26, 2021Aberdeen City Council has announced BP as its preferred bidder for a commercial partnership which will accelerate the city’s ambitions to become a world-class hydrogen hub.
North America Drops Rigs
Monday, October 25, 2021The region's total rig count now stands at 706.
Shell Could Miss Its Own Emission Reduction Goals
Friday, October 22, 2021Royal Dutch Shell is on track to miss its own emission reduction targets in the coming decades, a new study shows.
U.S. Stockpiles In Cushing Reaching Historically Worrying Levels
Friday, October 22, 2021Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels.