Latest News Headlines
Rigzone.com: Latest News Headlines
The latest oil and gas news from around the world.
Oil Prices Falter Amid OPEC+ Meeting Rumors
Oil slid with reports that Russia and other OPEC+ nations are considering raising production.
Read moreHouston Oil Benchmark Responds to 2020 'Wake-Up Call'
The new oil futures contract will trade under the symbol "HOU."
Read moreMajor Oil Trader Joins $100+ Crude Bandwagon
Oil could top $100 a barrel in the next 12 to 18 months, according to the world's second-largest independent oil trader.
Read moreBiden Admin Crackdown Prompts Refinery Closure
The owners of a U.S. Virgin Islands refinery will shut the facility and dismiss 250-plus workers after an EPA crackdown made it impossible to obtain financing.
Read moreTGS Announces New Gulf of Mexico 3D Imaging Program
TGS (OSLO: TGS) has announced a new 3D imaging program in the U.S. Gulf of Mexico.
Read moreMaersk Supply Service Wins Biggest Ever Contract
Maersk Supply Service has announced that the business has won its largest ever project contract.
Read moreOil Slips After Hitting $75
Oil retreated after hitting $75 a barrel in London for the first time in over two years.
Read moreEx-Shell Rep Reappointed ECITB Chair
The UK Secretary of State for Education has reappointed Lynda Armstrong as the chair of the Engineering Construction Industry Training Board (ECITB).
Read moreCGG Nets Major Seismic Imaging Project
CGG has been awarded a 'major' project by Lundin Energy Norway AS.
Read moreExxon Prepares to Cull White Collar USA Jobs
Exxon is preparing to cut headcount at its U.S. offices by up to 10% annually for the next 3-5 years by using its performance-evaluation system, according to people familiar with the matter.
Read moreOil Prices Surge Amid Supply Decline Expectations
Oil jumped by the most in a month.
Read morePros and Cons of ESG Programs in the Oil and Gas Industry
Maintaining strong partnerships with the supply chain and local communities is key.
Read moreOffshore Drilling Contractor Hits 100% Rig Utilization
Stena Don is one of two semisubs in Stena Drilling's rig fleet. PHOTO SOURCE: Stena Drilling
Read moreInternational Group Takes 49% Stake in Aramco Oil Pipeline Unit
A consortium has closed a $12.4 billion deal to acquire an equity stake in Aramco Oil Pipelines Co.
Read moreVenezuela Oil Minister Sees USA Producers Rushing Back to His Country
Venezeula's oil minister claims something magical is about to happen.
Read moreBofA Says Oil May Hit $100 Next Year
Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said.
Read moreEx-Baker Hughes Rep Gets VAALCO CFO Job
VAALCO Energy (NYSE, LSE: EGY) has announced that its board of directors has named Ronald Bain as the company's new chief financial officer, effective June 21.
Read moreBSEE Releases Deepwater Asgard Incident Report
The Bureau of Safety and Environmental Enforcement has released the results of its investigation into the Deepwater Asgard incident, which occurred on October 28, 2020.
Read moreOil Up as Iran Nuclear Talks End Without Deal
Oil climbed near $72 a barrel after the latest talks between world powers and Iran to revive a nuclear deal ended without an agreement.
Read moreOGA Extends Mediation Pilot
The UK Oil and Gas Authority has announced that the UKCS Mediation Pilot has been extended until April 30, 2022.
Read more