Offshore Angola Contract Could Lead to 32 Wells
Monday May 17, 2021 - The firm portion is worth approximately $131 million.
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Saipem Claims Onshore Drilling Awards
Tuesday, May 18, 2021Saipem has secured onshore drilling contracts in the Middle East and South America. PHOTO SOURCE: Saipem
Oil Tops $70 as Bullish Demand Outlook Spurs Rally
Tuesday, May 18, 2021Brent oil topped $70 a barrel with optimism building about the demand outlook in key regions such as the U.S., and on signs that a glut built up last year has been whittled away.
XOM Activist Wins Partial Support in Board Fight
Tuesday, May 18, 2021The activist seeking to revamp the board of Exxon Mobil Corp. received a boost Monday with another prominent shareholder advisory firm recommending investors support two of its four nominees.
Will the Colonial Pipeline Attack Affect IoT Integration?
Tuesday, May 18, 2021Find out how Rigzone readers voted in an online poll about pipeline cybersecurity.
Offshore Angola Contract Could Lead to 32 Wells
Monday, May 17, 2021The firm portion is worth approximately $131 million.
Oil Steady as Investors Weigh Demand Outlook
Monday, May 17, 2021Oil was steady as a demand recovery in key regions raised optimism about rising fuel consumption, despite a Covid-19 flare-up in parts of Asia.
Will the Colonial Episode Spur a Pipeline Rethink?
Monday, May 17, 2021Check out this preview of oil and gas trends to watch this week.
Iran Prepares for Oil Market Comeback
Monday, May 17, 2021NIOC has been priming oil fields -- and customer relationships -- so it can increase exports if an accord, officials said.
Inflation Indicators Span Far and Wide
Monday, May 17, 2021Prices are on the rise for crude oil, chemicals, plastics, and much more as companies furiously try to stock up.
Driver Shortage Stresses Fuel Supply Chain
Monday, May 17, 2021Pilot Corp. was offering $5,000 hiring bonuses for tanker drivers to supply its stores and said it could hire 200 people before summer.
Oil Futures Surge on Cusp of Strong Summer Demand Period
Monday, May 17, 2021Oil's rally of more than 4% this month comes as even the hardest-hit parts of the oil market are showing signs of a revival.
Pipeline Transport Wins Praise from Unlikely Source
Sunday, May 16, 2021Here is a recap of some of Rigzone's most popular downstream-related articles from the past week.
Shell Makes Deepwater Discovery and More
Saturday, May 15, 2021Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Baker Hughes Counts 11 More Oil Rigs
Saturday, May 15, 2021Baker Hughes reported the total number of oil rigs operating in the United States and Canada increased by 11 this week.
Oil Spirals as Virus Makes Asia Comeback
Friday, May 14, 2021Oil headed for the biggest weekly drop since early April as countries in Asia continue to fight persistent Covid-19 outbreaks.
BP and CEMEX in Net Zero Team Up
Friday, May 14, 2021BP (NYSE: BP) and CEMEX, S.A.B. de C.V. ‎‎(NYSE: CX) have revealed that they will work together to accelerate the ‎progress of CEMEX's 2050 ambition to deliver net zero CO2 concrete globally.
Crisis Spurs Calls to Boost and Ditch Fossil Fuels
Friday, May 14, 2021The cyberattack that crippled the nation's biggest fuel pipeline this week triggered spot shortages of gasoline and a gusher of political rhetoric.
Oilfield Services Job Count Rises in USA
Friday, May 14, 2021The Energy Workforce and Technology Council finds the OFS sector added nearly 20,000 jobs in March and April.
Colonial Ransom Payment Spurs Ethical and Legal Questions
Friday, May 14, 2021The United States government's fight to choke off ransom payments collected by hackers hit a major snag Thursday.
Valero and Second Firm Obtain Jones Act Waivers
Friday, May 14, 2021The Biden administration has issued a second waiver of Jones Act shipping requirements as it seeks to get more fuel to the East Coast.
Something Rather Boring Happened This Week in Oil and Gas Markets
Friday, May 14, 2021Here is a review of oil and gas market hits and misses for the week ending May 14, 2021.
WTI Ends Week Above $65
Friday, May 14, 2021Oil in New York surged the most in a month on Friday.
New 2021 and 2022 Oil Price Forecasts from EIA
Thursday, May 13, 2021The U.S. Energy Information Administration has updated its Brent spot price averages for 2021 and 2022.
Maersk CEO Says No Real Sign of Inflation Risk
Thursday, May 13, 2021Inflation risk not seen by the chief executive of the world's biggest shipping company.
Geothermal Energy Is a Different Kind of Renewable Resource
Thursday, May 13, 2021Geothermal firm exec offers his perspective on collaboration between the geothermal and oil and gas sectors.
Biden Admin Grants Jones Act Waiver
Thursday, May 13, 2021The Jones Act stipulates goods transported between USA ports be carried on American-crewed ships built and registered in the USA.
Gasoline Panic Buying Spiral Extends to South Texas
Thursday, May 13, 2021The frenzy to fill up is unnecessary.
Colonial Rep Declines Comment on Reported Crypto Ransom Payment
Thursday, May 13, 2021Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, according to people familiar with the transaction.
Oil Prices Fall As Inflation Concerns Mount
Thursday, May 13, 2021Oil slumped the most in over a month alongside a commodities downturn.
Schlumberger and NOV Want Faster Automated Drilling Adoption
Wednesday, May 12, 2021The companies are teaming up in digital drilling automation for wellbore construction. IMAGE SOURCE: Schlumberger
New CFO at Petrofac
Wednesday, May 12, 2021Petrofac Limited has announced that its chief financial officer, Alastair Cochran, has advised the board of his intention to leave and take up a new role outside the group on September 1.
Oil Holds Gain with IEA Positive on Stockpiles
Wednesday, May 12, 2021Oil held gains after the International Energy Agency said a record glut built up last year is gone.
Gulf Coast Refineries May Scale Back Production
Wednesday, May 12, 2021Much of the cuts may be shouldered by refineries from Port Arthur, Texas, and eastward.
IEA Declares End to Global Oil Glut
Wednesday, May 12, 2021The International Energy Agency said the supply glut created by the global pandemic has cleared.
White House Signals Openness to Jones Act Waivers
Wednesday, May 12, 2021The century-old Jones Act requires that ships carrying goods between USA ports be built in the USA and crewed by American workers.
Biden Admin Official Says Pipeline Is Best Option
Wednesday, May 12, 2021Cabinet secretary says the administration is pursuing intermodal transportation alternatives.
Oil Prices Finish Higher Amid Lower USA Inventories
Wednesday, May 12, 2021Oil rose to the highest level since early March.
Shelf Drilling Sees Encouraging Signs
Tuesday, May 11, 2021Shelf Drilling is seeing encouraging signs of an improving jack-up market with the recent recovery and stabilization of the oil price, the company's chief executive officer, David Mullen, has revealed.
Oil Down as Inflation Fears Erode Market Confidence
Tuesday, May 11, 2021Oil fell with global equities after a recent rally that has taken some commodities to record high levels brought on concerns over inflation.
Wolford Joins Diamond Offshore
Tuesday, May 11, 2021Diamond Offshore Drilling has named a new president and CEO, and its board has elected a new chairman.
$2.3B FPSO Order Goes to Keppel
Tuesday, May 11, 2021Keppel O&M is carrying out the project at multiple locations.
East Coast Motorists Finding Offline Fuel Pumps
Tuesday, May 11, 2021Gas stations along the USA East Coast are starting to run out of fuel.
Biden Admin Issues Gasoline Reg Waivers
Tuesday, May 11, 2021The Biden administration has lifted some environmental regulations governing the sale of gasoline in three states and Washington, D.C.
Pemex Delays Payments to Private Partners
Tuesday, May 11, 2021Petroleos Mexicanos is racking up millions of dollars in late payments to oil companies as it struggles to generate cash.
Light Crude Ends Session Above $65
Tuesday, May 11, 2021Oil rose as a weaker dollar lent support and offset a burgeoning pile up of crude in the USA Gulf Coast.
Petrofac Nets BP GTA Deal
Monday, May 10, 2021Petrofac (LON: PFC) has announced that it has secured a contract with BP (NYSE: BP) to develop operational procedures for its Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal.
Half of Shell Energy Mix to Be Clean Next Decade
Monday, May 10, 2021Royal Dutch Shell Plc's head expects clean energy to make up half of the company's energy mix 'somewhere in the next decade.'
Biden Admin Assembles Pipeline Breach Task Force
Monday, May 10, 2021The White House pulled together an inter-agency task force to tackle the problem.
Will Redistricting Complicate Biden Oil and Gas Tax Proposal?
Monday, May 10, 2021Here is a preview of what to watch this week in the oil and gas markets.
East Coast Faces Fuel Shortage Threat
Monday, May 10, 2021Motorists from New York to Atlanta face a growing threat of fuel shortages and surging prices.
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