Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Fall Amid OPEC+ Easing Expectations

    Expectations are that the cartel will begin unwinding historic supply curbs as planned in August.
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  • Saudi Official Offers Sign of Less OPEC+ Cheating

    Saudi Arabia commended Iraq for implementing almost all of its oil production cuts last month.
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  • ExxonMobil Resumes Guyana Drilling

    Two of Exxon's four drillships went back to work, according to data published Friday by Baker Hughes Co.
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  • Egypt to Mandate NGVs

    Egypt will require new cars to operate on natural gas before they receive a license, according to the country's president.
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  • $463MM Deal to Boost Iran Oil Field Output

    Iran's Persia Oil and Gas Industry Development Co. signed a $463 million agreement with state-run National Iranian Oil Co. to operate and further develop Yaran oil field.
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  • OPEC Readies Next Move

    Saudi Oil Minister Prince Abdulaziz bin Salman likes the idea of OPEC+ acting as the central bank of oil.
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  • Oil Demand is at Threat

    Oil demand is again at threat as a second wave of Covid-19 seems to be on the horizon.
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  • Finalists Announced for NPD IOR Award

    The Norwegian Petroleum Directorate has announced three finalists for its 2020 improved oil recovery award.
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  • CNPC to Halve Methane Emission Intensity

    China National Petroleum Corporation has pledged to reduce its methane emission intensity by 50 percent between 2019 and 2025.
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  • NOC Redeclares Force Majeure on All Libya Exports

    Libya's National Oil Corporation has been forced to redeclare force majeure on all oil exports from the country.
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  • Oil Down on Signs OPEC+ Will Increase Output

    Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts.
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  • Pipeline Losses Could Embolden Industry Foes

    Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
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  • Oil Prices Up Amid Virus Treatment News

    Oil rebounded as a new virus treatment showed promising results, but rising Covid-19 cases continued to weigh on the market.
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  • Baker Hughes Shows Mixed Rig Counts

    The number of rotary rigs operating in the U.S. decreased over the past week but increased in Canada, Baker Hughes Co. reported Friday.
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  • Oil Demand Could Get Boost from Metals Surge

    Check out this review of oil market hits and misses for the week ending July 10, 2020.
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  • $8B Pipeline Cancellation Imperils Appalachia Rebound

    To understand why the cancellation of the $8 billion Atlantic Coast Pipeline was such big news, consider America's most important natural gas-producing region.
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  • BP Forms India Fuels JV with Reliance

    BP and Reliance Industries Limited have launched a new India fuels and mobility joint venture.
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  • Texas Refiners Contend with Virus Rebound

    Oil refineries aren't being spared as Covid-19 sweeps through Texas.
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  • NOC Lifts Force Majeure on All Libya Exports

    The National Oil Corporation in Libya has lifted force majeure on all oil exports from the country.
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  • IEA Warns Oil Demand Recovery at Risk

    The International Energy Agency bolstered its outlook for global oil demand, but warned that the recovery could be derailed by the resurgence of coronavirus.
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