Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Seadrill Bags GOM Contracts and More

    Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
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  • KXL Indigenous Investors Plan to Get Financing by Q1

    The indigenous group seeking to buy a stake in TC Energy Corp.'s Keystone XL oil pipeline expects to secure financing by the first quarter of next year.
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  • Libya Oil Comeback Has Legs

    Libya's oil industry, trampled by civil war and chaos, is roaring back.
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  • Cairn Appointing New Chair

    Cairn Energy plc (LON: CNE) has announced that Nicoletta Giadrossi will be appointed chair of the company with effect from January 1, 2021.
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  • More Positive Covid Cases at LNG Canada Project

    Northern Health Authority has confirmed additional positive Covid-19 cases at the LNG Canada project site in Kitimat, B.C, LNG Canada and JGC Fluor have revealed in a joint statement.
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  • OPEC+ Calls Last Minute Talks

    Saudi Arabia and Russia summoned OPEC+ ministers who oversee their oil production cuts for last-minute talks on Saturday.
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  • ADNOC Dishes Out Deal Worth Up To $519MM

    ADNOC has announced the award of a contract worth up to $519 million to BGP Inc, a subsidiary of China National Petroleum Company.
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  • Oil Rally Stalls Amid OPEC+ Tensions

    Brent oil edged lower, but was on track for a fourth weekly gain, amid signs of division among OPEC+ members just days before a key policy meeting.
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  • BP to Invest More in Middle East Oil Fields

    BP Plc said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.
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  • Stronger Oil Curve Points to Cushing Glut Relief

    Oil stockpiles at America's largest storage hub are set to unwind with the market showing real signs of strength for the first time since the pandemic crushed global demand.
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  • Mexico Oil Executive Asked to Resign

    A director at the trading arm of Mexico's state oil company was asked to resign after authorizing payments under a profit-sharing plan, according to a person familiar with the matter.
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  • OPEC Watchers Expect 3 Month Supply Boost Delay

    OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners.
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  • Saipem Supports Women Empowerment Principles

    Saipem (BIT: SPM) revealed Thursday that it has signed a declaration of support for the Women Empowerment Principles (WEP) and the Manifesto for female employment of the Valore D association.
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  • API and NABTU Urge Senate Action on NAC

    The American Petroleum Institute (API) and North America's Building Trades Unions (NABTU) have urged the U.S. Senate to act on the National Apprenticeship Act.
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  • Eni Pitches Supercomputer Against Virus

    Eni (NYSE: E) has announced that its HPC5 supercomputer has run the most complex molecular computation test ever conducted in the world in order to identify new treatments against the virus.
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  • Keppel Bags $Multimillion FPSO Deal

    Keppel has secured a contract from a repeat customer worth around $75 million.
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  • Repsol to Rein in Oil Output and Boost Renewables

    Repsol SA outlined its plans for a greener future, saying it intends to wind down the search for oil and expand its renewable capacity fivefold during the next decade.
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  • Oil Prices Surge Amid Weaker Dollar and Surprise Draw

    Oil closed at an eight-month high.
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  • Baker Hughes Reports US Rig Rebound

    The number of rotary drilling rigs operating in the United States rebounded this past week, according to Baker Hughes.
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  • MODEC Selects Asset Management Firm for Brazil FPSO Project

    ARMS Reliability will assist with developing the Bacalhau FPSO Asset Maintenance Management Philosophy. PHOTO SOURCE: ARMS Reliability
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