Baker Hughes: US Oil Rig Count Holds Steady After Six Weeks Of Gains
Friday May 18, 2018 - The US oil rig count held steady this week after rising for 6 weeks in a row even as crude prices soar to multi-year highs.
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Baker Hughes: US Oil Rig Count Holds Steady After Six Weeks Of Gains
Friday, May 18, 2018 The US oil rig count held steady this week after rising for 6 weeks in a row even as crude prices soar to multi-year highs.
Oil Prices Fall, Brent Notches Sixth Week Of Gains
Friday, May 18, 2018 Oil prices fell, but Brent crude marked its sixth straight week of gains.
Kemp: Rising Oil Prices Herald Next Phase In Cycle
Thursday, May 17, 2018 Oil prices are now in the top half of the cycle, with benchmark Brent trading above $80 per barrel for the first time since November 2014.
Oil Steady After Retreating From 2014 Highs On Dollar Strength
Thursday, May 17, 2018 Oil prices climbed above $80 a barrel for the first time since November 2014.
Analysts: 'We See Prices Trading Into the $80-90 Per Barrel Range'
Wednesday, May 16, 2018 The price of Brent Crude oil will average between $80 and $90 per barrel in the 2020s, according to oil and gas analysts at BMI Research.
IEA Warns Global Oil Demand May Suffer As Crude Nears $80
Wednesday, May 16, 2018 Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the IEA says.
Oil Reaches Highest Since Late 2014 After US Surplus Shrinks
Wednesday, May 16, 2018 Crude settled at the highest since 2014 as shrinking US oil, gasoline and diesel stockpiles signaled tightening global supplies.
Trump Pick For US State Department Energy Job Approved By Senate Panel
Wednesday, May 16, 2018 President Trump's nominee for the top US State Department job dealing with matters related to energy and the global oil industry was approved by a Senate committee.
Analysts: Risk of OPEC, NOPEC Output Deal Compliance Slippage Increases
Tuesday, May 15, 2018 The risk of OPEC, non-OPEC production deal compliance slippage has increased with U.S. President Trump's decision to withdraw from the Iranian nuclear accord, analysts say.
BLOG: Poor Mental Health in Oil, Gas Industry 'At All-Time High'
Tuesday, May 15, 2018 Poor mental health in the oil and gas industry is at an all-time high, says The Sober Advantage's David Steward.
Oil Eases In Late Trading On US Stockpile Concerns
Tuesday, May 15, 2018 Oil prices settled a shade firmer after retreating from multi-year highs hit early in the day.
Rigzone Survey Spotlights Midstream Workers' Top Companies
Monday, May 14, 2018 Results from Rigzone's Ideal Employer Survey reveal the top companies, according to midstream respondents.
With Glut Almost Gone, OPEC Still Cuts More Than Oil Pact Demands
Monday, May 14, 2018 A global oil glut has been virtually eliminated, figures published by OPEC show.
EIA: US Shale Output To Rise To Record 7.18MMpd In June
Monday, May 14, 2018 US shale production is expected to rise by about 145,000 barrels per day.
Oil Gains While US Crude's Discount To Brent Deepens
Monday, May 14, 2018 Oil prices rose as OPEC reported that the global oil glut has been virtually eliminated.
An Upstream Comeback with Less Splash but More Cash?
Friday, May 11, 2018 Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'
Shale's Public Enemy No. 1 Says Short the Permian and Eagle Ford
Friday, May 11, 2018 The geologist who earned the wrath of shale drillers a decade ago with forecasts that natural gas was about to run out is now warning that the Permian Basin has just seven years of proven oil reserves left.
Baker Hughes: US Drillers Add Oil Rigs For Sixth Consecutive Week
Friday, May 11, 2018 US energy companies added oil rigs for a sixth week in a row as crude prices continue to soar to multi-year highs.
Oil Prices Fall As Iran Nuclear Deal Retains Support
Friday, May 11, 2018 Crude prices fell in a see-saw session, retreating after early gains.
Rigzone's Employer Survey Reveals the Best Oil, Gas Company to Work For
Thursday, May 10, 2018 Find out which company ranked as the number one oil and gas company to work for.
Texas Oil Drilling Permits Rose 34% In April
Thursday, May 10, 2018 Texas' energy regulator issued a third more oil and gas drilling permits in April than a year ago.
Crude Holds Above $71 With Global Turmoil Seen at Bay for Now
Thursday, May 10, 2018 Oil holds on to its gains above $71.
WTI Crude Price 'Will Struggle' to Stay Above $75
Wednesday, May 09, 2018 West Texas Intermediate (WTI) crude oil prices will struggle to move sustainably above $75 per barrel this year, analysts say.
CEO: US Shale Producers Will Not Offset Iran Supply Drop Post-Deal Exit
Wednesday, May 09, 2018 US shale producers will not boost output to offset any global oil squeeze after President Trump abandoned the Iran nuclear deal, one of the industry's most prominent executives says.
Oil Jumps as Supplies Shrink, Trump Seeks Curbs on Iranian Crude
Wednesday, May 09, 2018 Crude surges past $71 for the first time since 2014.
Oil Rebounds as Trump Dumps Iran Deal, Promises New Sanctions
Tuesday, May 08, 2018 Crude rebounded from earlier losses after President Trump withdrew from the Iranian nuclear accord and said new sanctions will be imposed.
Shale Drillers Face New Test of Will as Crude Tops $70 Mark
Monday, May 07, 2018 With benchmark US crude prices crossing the $70 a barrel threshold, the shale drillers who helped upend global markets now face a new challenge.
Oil Faces a Month of Mayhem as Geopolitical Risks Proliferate
Monday, May 07, 2018 There are several dates coming up which could have a significant impact on global oil supply and demand.
BLOG: Four Things You Need to Know About Living Offshore
Monday, May 07, 2018 Here are a few pieces of advice for newcomers to life offshore.
Oil Surges On Venezuela-Conoco Dispute, Iran Sanction Worries
Monday, May 07, 2018 Oil prices rose for the fourth straight day to hit levels not seen since late 2014.
OTC2018: Oil, Gas Automation and Digitalization Trends of the Future
Friday, May 04, 2018 Emerson discusses some of the trends the oil and gas industry is facing in regard to technology.
April Jobs Report Shows Thousands of Jobs Added in Oil, Gas
Friday, May 04, 2018 Figures from the US Bureau of Labor Statistics reveal an increase in oil and gas employment.
Oil Hits Highest Since Nov. 2014 As Iran Tensions Mount
Friday, May 04, 2018 Oil prices rose about 2% with US crude hitting its highest in more than three years.
OTC2018: It's a Digital Transformation. Is the Industry Ready?
Thursday, May 03, 2018 WoodMac's Preston Cody discusses how the E&P industry is faring in the digital transformation.
In US Gulf, Robots, Drones Take On Dangerous Offshore Oil Work
Thursday, May 03, 2018 The energy industry has turned to robots and drones to cut costs and improve safety in some of the world's tougher working environments.
Oil Up On OPEC Output Cuts, Worries About Iran Sanctions
Thursday, May 03, 2018 Oil prices rose, boosted by OPEC production cuts and the potential for new US sanctions against Iran, but gains were limited
OTC 2018: Attracting and Managing Young Talent in Oil, Gas
Wednesday, May 02, 2018 Rigzone speaks with Lloyd's Register at the Offshore Technology Conference in Houston about the industry's new entrants to the workforce.
Oil Gains Slightly After Fed Sees Economy Growing At A 'Moderate Rate'
Wednesday, May 02, 2018 Oil prices strengthens slightly ahead of the settlement Wednesday.
OTC 2018: Jacobs Training Leaders to be More Aware of Worker Mental Health
Tuesday, May 01, 2018 Jacobs is training its leaders to be more aware of the mental health of its workforce.
Boom In West Texas Oil Patch Lifts Wages, Prices
Tuesday, May 01, 2018 In West Texas, rising oil prices are fueling a sharp economic upswing.
OTC 2018: Energy Policy Pro, Officials See Better Government-Industry Ties
Tuesday, May 01, 2018 How might the offshore oil and gas industry summarize its relationship with US federal regulators?
OTC 2018: O&G Can't Compete When it Comes to Attracting Data Scientists
Tuesday, May 01, 2018 The oil and gas industry can't compete with other industries when it comes to attracting data scientists, suggests Halliburton's Satyam Priyadarshy.
Big Oil Investors Show They Want More Than Just Profit
Tuesday, May 01, 2018 Big Oil's investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback.
Oil Slumps as Traders Brace for Supply Increase, Stronger Dollar
Tuesday, May 01, 2018 Oil falls the most in more than 3 weeks as traders anticipate another rise in US storage, while a stronger dollar takes the shine off commodities.
OTC 2018: Wood Sees Its Digital Business Expanding in Future
Tuesday, May 01, 2018 Kieran Kavanagh, vice president of digital solutions at Wood, sees the company's digital business 'expanding' in the future.
OTC 2018: 'More Eyes' Needed to Fight Human Trafficking
Monday, April 30, 2018 Oil and gas professionals are well-placed to combat human trafficking.
Hackers Hit 'Cyber Blind Spot' While US Energy Industry Naps
Monday, April 30, 2018 How much is cyber security worth to the US energy industry? Not a whole lot apparently.
OTC 2018: Optimism Around Offshore Sector Increasing
Monday, April 30, 2018 There's an increasingly optimistic mood around the oil and gas industry, Chevron says.
OTC 2018: 'Waste' Seen as a Major Inefficiency for E&P Companies
Monday, April 30, 2018 The industry's operating in a new normal price environment. But waste within their operating systems is a problem.
Oil Rises as 'Alarm Bells' Sound Over Unraveling Iran Nuke Deal
Monday, April 30, 2018 Crude rose after Israeli intelligence about Iranian nuclear ambitions heightened concern an international accord may unravel.
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