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Eni Launches SAF Production
Friday, October 22, 2021Eni SAFs are produced exclusively from waste and residues.
Shell Starts Production From Arran Gas Field
Thursday, October 21, 2021Shell started production from the Arran gas and condensate field in the UK North Sea, one of the fields linked to the Shearwater hub.
BW Energy Starts Production From Tortue Phase 2 Off Gabon
Wednesday, October 20, 2021BW Energy has started production from the Tortue Phase 2 field development in the Dussafu Marin license offshore Gabon.
Permian Oil Production Near Pre-Covid Record Numbers
Tuesday, October 19, 2021Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge.
Ineos to Invest $2B+ in Green Hydrogen Across Europe
Tuesday, October 19, 2021The company revealed that its first plants will be built in Norway, Germany and Belgium.
Energy Crisis Chatter to Accelerate
Monday, October 18, 2021Rigzone's regular energy prognosticators highlight the global natural gas situation, emerging cold weather patterns, price projections and more.
OPEC+ Fails to Meet Production Target
Monday, October 18, 2021OPEC and its allies once again failed to pump enough oil to meet their output targets.
California County Loses Bid to Reinstate Frac Ban
Friday, October 15, 2021Monterey County voters in November 2016 passed a measure prohibiting land use in support of new oil and gas wells and fracking activities in unincorporated areas.
BP To Buy All Crude Oil From Cliff Head Field
Friday, October 15, 2021BP has agreed to buy all crude oil produced from Triangle Energy-operated Cliff Head field offshore Australia.
Guyana-Bound FPSO Enters Drydock In Singapore (VIDEO)
Thursday, October 14, 2021FPSO Prosperity, set to work on ExxonMobil’s Payara development offshore Guyana, has reached drydock at a yard in Singapore.
Talos Energy Gives Ida Related Production Update
Wednesday, October 13, 2021Production disruptions following Ida were prolonged due to complications affecting third-party downstream service providers.
OKEA Decides Against Further North Sea Oil Project Development
Wednesday, October 13, 2021OKEA has decided not to develop the Vette discovery further due to the project’s insufficient financial robustness.
Yergin Says USA Likely to Ask OPEC to Pump More
Tuesday, October 12, 2021In August, the Biden administration called on Saudi Arabia and its allies to unload more crude onto global markets.
Citi Says Oil May Climb to $90
Monday, October 11, 2021Citigroup Inc. raised its Brent oil forecast for the fourth quarter to $85 per barrel.
Permian Shale Oil Is Booming Again
Monday, October 11, 2021Increased access to financing and strong oil demand has created an opening for closely held producers.
OGUK Gives UK Gas Production Warning
Friday, October 08, 2021UK gas production will fall 75 percent by 2030 without new investment, according to industry body Oil & Gas UK.
Oil Market Needs $500B+ Injection to Ensure Supply
Thursday, October 07, 2021Oil explorers need to raise drilling budgets by 54 percent to more than half a trillion dollars to forestall a significant supply deficit in the next few years, according to Moody's Investors Service Inc.
USA Shale Cos to See Minimal Expansion Despite Rally
Wednesday, October 06, 2021U.S. shale oil production will expand at a "modest rate" over the next 18 months even as prices touch multiyear highs, according to BloombergNEF.
Shell Restarts GOM Olympus Platform After Hurricane Ida
Wednesday, October 06, 2021Shell has restarted production at its Olympus platform in the Gulf of Mexico after repairs to facilities damaged by Hurricane Ida.
Petrobras Restarts Production From Brazilian Gas Field After Repairs
Wednesday, October 06, 2021Petrobras restarted production from the Manati gas field offshore Brazil following the completion of pipeline repairs.
First String Of Nord Stream 2 Filling With Gas
Wednesday, October 06, 2021The Nord Stream 2 AG joint venture has started the gas-in procedure for the first string of the Nord Stream 2 pipeline.
Engine No.1 Says Drop in Exxon Output Is Meaningful
Tuesday, October 05, 2021Activist fund Engine No. 1 says Exxon Mobil Corp. has reduced oil and gas production in a meaningful way since the beginning of its successful proxy campaign last year.
OPEC+ Holds Both the Knife and the Cake
Tuesday, October 05, 2021OPEC+ holds both the knife and the cake in the oil market, according to Rystad Energy.
Oil Steadies Near 7-Year High
Tuesday, October 05, 2021Oil steadied in Asian trading after rallying to the highest level since 2014.
Oil Reverses Decline Ahead of OPEC Meeting
Monday, October 04, 2021Oil reversed declines ahead of an OPEC+ meeting on Monday to discuss production policy amid a rapidly tightening market.
OPEC+ Meeting Will be Oil Price Driver
Monday, October 04, 2021Rigzone's regular energy prognosticators focus on the latest OPEC+ meeting, China developments, energy company valuations and more.
Lundin Starts Production From Edvard Grieg Subsea Tie-in
Friday, October 01, 2021Lundin Energy has produced first oil from the Solveig field, a subsea tie-back development to the Edvard Grieg platform in the North Sea.
Big Oil Split On Oil Future
Thursday, September 30, 2021Two of Big Oil's biggest players dropped their long-term energy outlooks this week.
USA Oil Production Outlook Set to Grow
Tuesday, September 28, 2021The U.S. oil production outlook is set to grow over the next five years, according to GlobalData.
Hurricane Sam Could Make USA Landfall This Week
Tuesday, September 28, 2021Hurricane Sam could still make landfall on the U.S. East Coast in the middle of this week.
When Does BP See Oil Demand Back at Pre-Virus Levels?
Tuesday, September 28, 2021Asia will continue as the center for oil-product demand growth, according to BP Plc.
Jadestone Brings One More Montara Well Online
Tuesday, September 28, 2021Jadestone Energy has started production from the Montara H6 well after a tie-in into the Montara field facilities offshore Australia.
Eni Starts-Up Second Project Offshore Angola In 2021
Monday, September 27, 2021Eni has started production from the Cabaça North development project in deep waters offshore Angola using its Armada Olombendo FPSO.
CNOOC Flows First Oil From Bozhong 19-4 Oilfield
Friday, September 24, 2021CNOOC Limited starts production from Bozhong 19-4 oilfield comprehensive adjustment project.
Oil Market Cherry Picking USA Inventory Data
Friday, September 24, 2021Rigzone's regular market watchers take a closer look at U.S. inventory data, Shell and ConocoPhillips' major Permian deal, Covid developments and more.
BSEE Releases Final Hurricane Ida Report
Friday, September 24, 2021The Bureau of Safety and Environmental Enforcement (BSEE) has released its final update on evacuation and shut in production statistics for Hurricane Ida.
BP GOM Assets Back Online Following Hurricane Ida
Friday, September 24, 2021Supermajor BP has brought online all four of its assets in the Gulf of Mexico post-Hurricane Ida.
King's Quay Floating Production Unit In Texas Waters
Friday, September 24, 2021King’s Quay floating production unit has arrived to Ingleside, Texas, after a 14,000-mile journey from South Korea.
Canada Oil Sands Force Majeure Adds to Supply Woes
Thursday, September 23, 2021Syncrude Canada Ltd., a light crude producer majority-owned by Suncor Energy Inc., cut September supplies due to a mechanical disruption at its oil sands site, according to a person familiar with the situation.
Black Sea Oil & Gas Installs Gas Platform Off Romania
Thursday, September 23, 2021Black Sea Oil & Gas installs the Ana offshore production platform as part of its Midia Gas Development Project.
OPEC Nations Warn of Oil Market Turbulence
Wednesday, September 22, 2021As the global natural gas crunch hits suppliers and consumers alike, OPEC nations are warning of the knock-on impact for oil markets.
Shell Sanctions Ormen Lange Subsea Gas Project
Wednesday, September 22, 2021Shell has submitted the development plan for its Ormen Lange wet gas subsea compression project offshore Norway.
Companies To Produce Green Hydrogen From Converted Jack-Up
Wednesday, September 22, 2021Trio joins forces to develop a concept for offshore green hydrogen production by using a converted jack-up rig in the North Sea.
Key Members Say OPEC+ Can Keep Reviving Supply
Tuesday, September 21, 2021OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.
BP Starts-Up Matapal Project Off Trinidad And Tobago
Tuesday, September 21, 2021Supermajor BP has produced first gas from its Matapal project located offshore Trinidad and Tobago.
Oil Up as Hurricane Ida Still Squeezes Supply
Tuesday, September 21, 2021Oil rose after a two-day decline with Hurricane Ida still having an impact on U.S. crude output three weeks after making landfall.
Equinor Cleared to Boost Gas Exports to Tight European Market
Tuesday, September 21, 2021Equinor receives permission to increase gas exports from two fields on the Norwegian continental shelf to supply the tight European market.
China Risks Winter Energy Crunch
Monday, September 20, 2021China is at risk of the same energy-crunch chaos seen in Europe, with a state-run newspaper warning that coal-fired power plants will struggle to keep the lights on this winter.
Is Gulf of Mexico Production Still Shut In?
Monday, September 20, 2021Rigzone looks at the Bureau of Safety and Environmental Enforcement's latest production status data for the Gulf of Mexico.
Shell Identifies Significant Damage On GOM Facilities Following Ida
Monday, September 20, 2021Shell reveals significant structural damage on West Delta-143 offshore facilities following Hurricane Ida.