Latest News Headlines
Rigzone.com: Latest News Headlines
The latest oil and gas news from around the world.
Oil Crashes on New Variant Implications
Crude suffered one of worst crashes on record this Black Friday.
Read moreOil Crashes as New Covid Variant Roils Markets
Both benchmarks tumbled on Friday with the emergence of the new variant.
Read moreTop Headlines: BP Goes on Hydrogen Hiring Spree and More
Check out some of Rigzone's top stories this week.
Read moreWood Bags Deal for Largest Turkey Gas Reserve
The Sakarya Gas Field has a confirmed capacity of 405 billion cubic meters, or 14 trillion cubic feet, of natural gas.
Read moreKeppel Bags $145M+ Deals For FPSO, FSRU Work
Keppel Offshore & Marine has won deals for the conversion of an FSRU and the integration of an FPSO.
Read moreEnergy Aspects Says Oil Overreacting to Covid News
The material hit to demand is likely about 15,000 barrels a day, chief oil analyst Amrita Sen said.
Read moreParkland Pausing Burnaby Refinery Processing Ops
The decision was made in response to the "ongoing crisis" in British Columbia.
Read moreSPR Release Symbolic and Political
Rigzone's regular market watchers look at the effects of the U.S. Strategic Petroleum Reserve release, rig count trends, potential price spikes and more.
Read moreBP Starts Flowing Oil From Angolan Offshore Field
BP has started production at the Platina field in Block 18, which is located some 87 miles offshore Angola.
Read moreShell Sees Major Potential for SAF in Asia
Alternative aviation fuel, which can be made from feedstocks including algae and cooking oil, is still a lot more expensive than traditional jet fuel.
Read morePetrobras Hires Seadrill Rig Tandem For Buzios Field Work
Seadrill Limited has secured contracts for two of its rigs with Petrobras which are set to work on the Búzios field offshore Brazil.
Read moreChina On Board With Oil Release
China's ambiguity on whether it will join the U.S.-led coordinated release of oil reserves is aimed at a domestic audience.
Read moreEquinor Submits $1.1B Plan For Further Oseberg Development
Equinor has submitted a plan for development and operation for the Oseberg field in the North Sea.
Read moreVIDEO: Neptune Completes Seagull Manifold Installation
Working under the Neptune Energy Alliance Agreement, TechnipFMC undertook the construction activities on the development.
Read moreHalliburton Unit Hired to Plug Delta Spill
Halliburton's Boots & Coots unit has been called in by independent producer Aiteo Eastern E&P Co. to contain a leak.
Read moreUAE Says It Has No Prior Position Before OPEC+ Meeting
The UAE remains fully committed to the OPEC+ alliance.
Read moreNew Type of Price War is Brewing
A new and unchartered type of price war is brewing, according to Rystad Energy.
Read moreCalifornia Gasoline Price Hits Record on Thanksgiving
The average price for regular unleaded gasoline in California hit a new record.
Read moreColumbus Reaches First Production
Hydrocarbons from the C1z development well started flowing on November 24.
Read moreAsia Oil Refining Renaissance Grinding into Reverse
Margins from processing crude across Asia slipped from recent highs this month.
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