New Institutions Join API MSI Initiative
Sunday February 28, 2021 - The American Petroleum Institute and the Louisiana Mid-Continent Oil & Gas Association have announced that two new educational institutions have joined API's Minority Serving Institution initiative.
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New Institutions Join API MSI Initiative
Sunday, February 28, 2021The American Petroleum Institute and the Louisiana Mid-Continent Oil & Gas Association have announced that two new educational institutions have joined API's Minority Serving Institution initiative.
Gulf Coast Refineries May Need Weeks to Recover
Sunday, February 28, 2021Here is a look back at some of Rigzone's most popular downstream-related articles from the past week.
Large Oil and Gas Find Made in Bohai Bay and More
Saturday, February 27, 2021Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Baker Hughes Count Shows 400+ USA Rigs
Saturday, February 27, 2021Baker Hughes reported the total number of rotary drilling rigs operating in the United States crossed the 400-mark this week.
ERCOT Directors Resign
Friday, February 26, 2021Four unaffiliated directors from the Electric Reliability Council of Texas (ERCOT) board have resigned, according to a filing seen by Rigzone on the Public Utility Commission of Texas website.
Oil Set for Fourth Monthly Gain
Friday, February 26, 2021Oil is heading for a fourth monthly gain with the global market tightening as investors await the OPEC+ meeting next week.
Cheniere to Provide Emissions Data to LNG Customers
Friday, February 26, 2021Cheniere Energy (NYSEAmerican: LNG) has announced that it plans to begin providing its LNG customers with greenhouse gas emissions data.
International Oil Cos Primed for V-Shape Recovery
Friday, February 26, 2021International oil companies are primed for a V-shaped recovery in free cash flow and may generate record figures this year if oil prices average $55 a barrel, according to Wood Mackenzie.
Offshore Bill Would Give States More Say in Oil and Gas Leasing
Friday, February 26, 2021The bipartisan bill would give coastal state governors a bigger role in opening offshore oil and gas development.
Texas Freeze Highlights Energy Paradox
Friday, February 26, 2021Rigzone recaps some oil and gas market hits and misses for the week ending Feb. 26, 2021.
Pemex Turns Another Profit
Friday, February 26, 2021Petroleos Mexicanos had its first back-to-back quarterly gains in four years.
Oil Futures Slide As Dollar Gets Stronger
Friday, February 26, 2021Oil fell the most since November.
Oil Up with Global Market Tightening
Thursday, February 25, 2021Oil extended gains after closing at the highest level in more than a year as a slump in U.S. crude production following the cold blast and shrinking European stockpiles tightened the market further.
Oil Benchmark Revamp Sees Opaque Swaps Trading Surge
Thursday, February 25, 2021A planned overhaul of how the world's most important benchmark crude price is calculated has caused a surge in trading of swaps used to hedge North Sea oil prices.
DOE Awarding up to $46MM for Geothermal Projects
Thursday, February 25, 2021The U.S. Department of Energy's Frontier Observatory for Research in Geothermal Energy Initiative has selected 17 projects to receive up to $46 million in funding.
Scoop Stack Oil Output Slashed
Thursday, February 25, 2021Production in Oklahoma's Scoop Stack shale play is forecasted to hit 342,000 barrels of oil per day and 5.8 billion cubic feet per day this month, according to GlobalData's latest report.
Exxon Filing Shows 98% Oil Sands Reserves Drop
Thursday, February 25, 2021Exxon Mobil Corp. erased almost every drop of oil-sands crude from its books in a sweeping revision of worldwide reserves.
Texas Fuel Outlets Still Dealing with Shortages
Thursday, February 25, 2021One in every seven Texas gas stations is without fuel a week after the historic freeze crippled refineries and trucking.
New Postal Delivery Vehicle Omits Natural Gas Option
Thursday, February 25, 2021A common fleet vehicle fuel, natural gas, will not power the US Postal Service's new delivery vehicles. IMAGE SOURCE: USPS
Granholm to Champion Biden Climate Agenda
Thursday, February 25, 2021DOE oversees the USA's nuclear warhead arsenal, the Strategic Petroleum Reserve, and billions of research dollars.
Oil Prices Mixed Amid Tighter Market Signals
Thursday, February 25, 2021Oil flipped between small gains and losses.
Whispers of $100 Oil Return
Wednesday, February 24, 2021Rumblings are starting to emerge that by the end of next year prices could once again top $100 a barrel.
Oil Up as Traders Eye Further Gains
Wednesday, February 24, 2021Oil climbed again, with mixed news on global inventories offset by expectations of a prolonged market rally into the summer.
BOEM Issues First Wave Energy Lease Off West Coast
Wednesday, February 24, 2021The Bureau of Ocean Energy Management has issued a lease for the first wave energy research project in federal waters off the U.S. West Coast.
Oxy Expects 40% Unused Pipeline Capacity from Permian
Wednesday, February 24, 2021The company's expected 485,000 bpd of Permian oil equivalent production represents just 60% of its committed pipeline capacity.
Biden Keystone XL Snub Props Up Crude-by-Rail
Wednesday, February 24, 2021Oil exports by rail from Canada have more than tripled since July.
Cold Blast in US Hits Asia Petchems Makers
Wednesday, February 24, 2021The US is a major supplier of naphtha and propane to Asia.
Is US Shale No Longer a Threat to OPEC+?
Wednesday, February 24, 2021OPEC and its allies no longer need to be worried about competition for market share from the US, according to Pioneer's CEO.
Light Crude Clears $63
Wednesday, February 24, 2021Oil surged to the highest in more than a year.
Oil Up with Tightening Market Boosting Outlook
Tuesday, February 23, 2021Oil rose toward $63 a barrel with investment banks and traders predicting the market will tighten further and push prices higher.
Big Oil Posts Record Loss in 2020
Tuesday, February 23, 2021The five integrated supermajors – ExxonMobil (NYSE: XOM), BP (NYSE: BP), Shell (NYSE: RDS.A), Chevron (NYSE: CVX), and Total (NYSE: TOT) – posted a combined record loss of $76 billion in 2020.
RIL to Spin Off Oil-to-Chemicals With $25B Loan
Tuesday, February 23, 2021Reliance Industries Ltd. has started carving out its new oil-to-chemicals operation into an independent unit with a $25 billion loan from the parent.
Texas Refiners Grapple with Damage from Storm
Tuesday, February 23, 2021Refineries in Texas are finding a return to normal a messy, stop-and-start process.
Biden Interior Nominee Downplays Fracing Opposition
Tuesday, February 23, 2021"The earth is here to provide for us," Haaland told the Senate Energy and Natural Resources Committee.
California Pump Prices Could Hit $4 Soon
Tuesday, February 23, 2021California is beginning to feel the ripples of oil refinery shutdowns in Texas.
Oil Prices Show Slight Changes
Tuesday, February 23, 2021The market is pricing in a strong short-term deficit, according to oil trader Vitol Group.
Oil Climbs as Goldman Sees More Gains
Monday, February 22, 2021Brent oil resumed gains as the market assessed the fallout from the big freeze across Texas, with Goldman Sachs Group Inc. predicting prices will advance into the $70s in coming months.
Texas Governor Addresses Skyrocketing Energy Bills
Monday, February 22, 2021Texas Governor Greg Abbott announced Sunday that he is working with members of the legislature to address 'skyrocketing' energy bills that resulted from a temporary spike in the energy market.
US Crude to Help Set Global Oil Benchmark from 2022
Monday, February 22, 2021The North Sea oil price that serves as a benchmark for millions of barrels of physical crude transactions each day will from next year be set partly through buying and selling of U.S. cargoes.
Arctic Blast Recovery to Command Market Attention
Monday, February 22, 2021Check out this preview of trends to watch this week in the oil and gas markets.
Gonce Takes Onshore Helm at Danos
Monday, February 22, 2021Danos has promoted Justin Gonce to onshore general manager.
Green New Deal Backer Faces Bumpy Interior Confirmation
Monday, February 22, 2021Deb Haaland's opposition to fracing, early endorsement of the Green New Deal, and participation in oil pipeline protests have raised concerns.
Gas Traders Recall Wild Week
Monday, February 22, 2021Spot natural gas price spikes were triggering truly outsized demands.
Oil Futures Show Strong Gains
Monday, February 22, 2021Oil surged as traders and investment banks see global supplies rapidly tightening.
Trafigura Offers Bullish Oil Market Outlook
Monday, February 22, 2021Trafigura Group sees oil markets firming in the coming months.
Aker Wins Contract for Equinor-BP US Wind Project
Sunday, February 21, 2021Aker Solutions (FRA: 1AKA) has revealed that it has won a front-end engineering and design contract for the Empire Wind project in the U.S.
Biden Admin Flounders with Oil and Gas Outreach
Sunday, February 21, 2021Check out some of Rigzone's most popular downstream-related articles from the past week.
Biden Order Effect on GOM and More
Saturday, February 20, 2021Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Baker Hughes US Rig Count Holds Steady
Saturday, February 20, 2021The number of rotary drilling rigs operating in the US remained flat this week, Baker Hughes reported Friday.
$7B Energy Transfer Deal to Boost Gulf Coast, Midcontinent Presence
Friday, February 19, 2021Energy Transfer will acquire Enable Midstream Partners in an all-equity transaction valued at approximately $7.2 billion.
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