Latest News Headlines
Rigzone.com: Latest News Headlines
The latest oil and gas news from around the world.
Oil Prices Finish Lower
Oil fell this week amid growing concerns that another wave of the coronavirus pandemic will spark tighter lockdown measures and further stifle crude demand.
Read moreIndia May Peg Local Gas Price to Asia LNG
The proposal reportedly would peg the price to the popular benchmark Japan-Korea Marker.
Read morePermian Crown Jewel Preps for Biden Ban
The Permian in New Mexico, unlike in Texas, lies largely on federal land.
Read moreWeatherford Unveils MPD Milestone
The service company contends the collaboration is the first of its kind.
Read moreSigns Show Possible Onshore Uptick for 2021
Rigzone panelists offer their insights on the top oil market hits and misses for the week ending Sept. 25, 2020.
Read moreCitgo Sets Timeline to Restart Louisiana Refinery
CITGO's Lake Charles refinery, above, sustained damage from Hurricane Laura. PHOTO SOURCE: CITGO Petroleum Corp.
Read moreBP Hits 25-Year Low
Just a week after revealing its plan to turn itself into a clean-energy giant, BP Plc watched its share price drop to a 25-year low.
Read moreONGC Fire Extinguished
A fire which broke out in Oil and Natural Gas Corporation Limited's (NSE: ONGC) Hazira Gas Processing Plant near Surat, India, has now been extinguished.
Read moreNo Layoffs as Total Goes Zero Crude at Refinery
Total (EPA: FP) has revealed that it will carry out its industrial redeployment at the Grandpuits refinery in France with no layoffs.
Read moreOGUK Welcomes Chancellor's Plans
Industry body Oil & Gas UK has initially welcomed the winter economy plans announced on Thursday by the UK Chancellor of the Exchequer.
Read moreOil Rally Stalls on New Supply Risk
Oil was headed for a third weekly decline in four amid signs fresh supply might be hitting the market as the demand outlook worsens.
Read moreLight Crude Clears $40 Amid Sign of More Stimulus
House Speaker Nancy Pelosi said she spoke with Treasury Secretary Steven Mnuchin, signaling openness to resuming stimulus talks.
Read moreIran Opens Naval Base Along Oil Chokepoint
Iran's Islamic Revolutionary Guard Corps opened a new naval base along one of the world's busiest oil transit routes.
Read moreTotal to Stop Refining Crude at French Facility
The French energy giant will replace the facility with plants making renewable fuels and plastics.
Read moreFormer PDVSA Trader Charged in US Graft Crackdown
A former PDVSA trader was charged with receiving bribes as part of an expansive investigation into traders paying for access to South American oil markets.
Read moreApache Contract Extension Could Be Worth $100MM
Apache Corp. has awarded Archer a four-year contract extension for platform drilling and maintenance services.
Read moreCalifornia Is Banning Gasoline Cars
California just started the clock on a future that a few years ago would've been unthinkable - dealerships full of nothing but zero-emissions cars.
Read moreSapura Energy Founder to Retire
Sapura Energy Berhad has announced that its president and group chief executive officer is planning to retire after leading the group for a quarter of a century.
Read moreOGA Appoints Ex-Chevron and BP Rep
The UK Oil and Gas Authority has announced that it has appointed Andy Brooks as its new Central North Sea area manager.
Read moreExecutives Predict 2020-End Oil Price
The price of West Texas Intermediate oil at the end of 2020 is expected to be between $40 per barrel and $44.99 per barrel.
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