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.
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  • Houston Oil Benchmark Responds to 2020 'Wake-Up Call'

    The new oil futures contract will trade under the symbol "HOU."
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  • Major 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.
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  • Biden 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.
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  • TGS 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.
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  • Maersk Supply Service Wins Biggest Ever Contract

    Maersk Supply Service has announced that the business has won its largest ever project contract.
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  • Oil Slips After Hitting $75

    Oil retreated after hitting $75 a barrel in London for the first time in over two years.
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  • Ex-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).
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  • CGG Nets Major Seismic Imaging Project

    CGG has been awarded a 'major' project by Lundin Energy Norway AS.
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  • Exxon 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.
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  • Oil Prices Surge Amid Supply Decline Expectations

    Oil jumped by the most in a month.
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  • Pros and Cons of ESG Programs in the Oil and Gas Industry

    Maintaining strong partnerships with the supply chain and local communities is key.
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  • Offshore Drilling Contractor Hits 100% Rig Utilization

    Stena Don is one of two semisubs in Stena Drilling's rig fleet. PHOTO SOURCE: Stena Drilling
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  • International 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.
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  • Venezuela Oil Minister Sees USA Producers Rushing Back to His Country

    Venezeula's oil minister claims something magical is about to happen.
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  • BofA 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.
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  • Ex-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.
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  • BSEE 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.
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  • Oil 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.
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  • OGA Extends Mediation Pilot

    The UK Oil and Gas Authority has announced that the UKCS Mediation Pilot has been extended until April 30, 2022.
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