Latest News Headlines
Rigzone.com: Latest News Headlines
The latest oil and gas news from around the world.
Oil Clears Early Losses as Dollar and Expirations Impact Trading
Oil was down early in the session on a stronger dollar but bounced back as WTI expirations looming on Thursday had traders scrambling to square positions.
Read moreGunvor to Tap Bond Market for First Time Since 2013
Gunvor Group Ltd. is seeking a return to the bond market for the first time in eight years.
Read moreShell Plans Dutch Biofuels Plant
Royal Dutch Shell Plc signed off on plans for a large biofuels plant in the Netherlands, stepping up investment in cleaner energy as it retreats from refining crude oil.
Read moreSBM Offshore Completes $1.6B FPSO Sepetiba Financing
SBM Offshore has announced that it has completed the project financing of the floating production storage and offloading vessel Sepetiba for a total of $1.6 billion.
Read moreAl Hariga Oil Port Sit-in Ends
Libya's National Oil Corporation (NOC) has announced the resumption of crude export operations at the Al Hariga oil port.
Read moreFirst Exploration Well for North Sea Company Drilled
Longboat Energy has announced that drilling has commenced at Rodhette, the company's first exploration well.
Read moreWarwick Buys $450MM of Texas Shale Assets
One of the biggest U.S. investors in oil and natural gas wells is buying $450 million worth of assets in the Texas Eagle Ford shale basin from a renowned energy family in Dallas.
Read moreChevron CEO Warns of High Energy Prices
The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.'s top executive.
Read moreAker BP Hands Out $80MM+ in FEED Deals
Aker BP has awarded front end engineering design contracts worth nearly $81.6 million to its alliance partners.
Read moreOil Surged Higher Wednesday
Oil reaches a six week high as the EIA reports a drop of over six million barrels in supply to reach levels not seen since 2019.
Read moreChevron and Enterprise Exploring Carbon Storage Ops
Chevron and Enterprise Products Partners are exploring carbon storage business opportunities.
Read moreGOM Oil Output at 60 Percent
The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing.
Read moreTRC Makes It a Little Harder for Wells to Flare Gas
Getting a permit to burn excess natural gas at Texas oil wells is getting a little bit harder.
Read moreHalliburton Selected for Offshore Israel Campaign
Halliburton Company (NYSE: HAL) has been awarded an integrated services contract to execute a three to five well drilling and completions campaign for Energean.
Read moreBP Appoints New EVP of Gas and Low Carbon Energy
BP (NYSE: BP) has announced the appointment of Anja-Isabel Dotzenrath as its new executive vice president of gas and low carbon energy and a member of BP's leadership team.
Read moreChina Move to Curb Oil Prices Has Market Wary
China's first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices.
Read moreOil Up as API Report Shows Inventory Slump
Oil gained after a U.S. industry report showed another decline in inventories of crude and gasoline, signaling a tightening market.
Read moreDragon LNG Deploys New Drug Testing Tech
Wales-based Dragon LNG is the first organization in the international gas industry to deploy a new fingerprint-based drug testing technology, a statement posted on the test provider's website has announced.
Read moreOil Steady In Wake of Hurricane Nicholas
Oil settled with minimal change as threats to crude supply from the Gulf of Mexico fizzled in the wake of hurricane Nicholas.
Read moreSantos and ANPM Sign MOU to Progress Timor Sea CCS
Santos has signed an MOU with the Timor-Leste regulator ANPM to progress Carbon Capture and Storage at Bayu-Undan in the Timor Sea.
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