Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest upstream oil and gas news from around the world.

  • Cuba Takes Over Venezuela Stake In Refinery Joint Venture

    Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media says.
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  • Trade Data: India's Nov Iran Oil Imports Skid To Lowest Since Feb 2016

    India's refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data shows.
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  • Exxon, Petrobras Form Alliance To Develop Oil, Gas Projects

    ExxonMobil and Petrobras form an alliance to develop energy projects around the world.
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  • Oil Prices Up Slightly On Pipeline Outage Support

    Oil prices rose almost 1% as a pipeline outage in Britain continued to support prices.
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  • ExxonMobil to Lead Construction, Ops of Mozambique LNG Facilities

    ExxonMobil assumes responsibility for midstream ops in deepwater Mozambique block.
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  • Kemp: Brent Eases As Traders Become Sanguine About Pipeline Outage

    Traders have become much more sanguine about the impact on benchmark North Sea oil prices as well as the wider oil market.
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  • ETP Seeks US OK To Drill More On Rover Natgas Pipe, Ohio Wants Pause

    Energy Transfer Partners LP urges US regulators to allow the company to start more horizontal drilling as it works to complete part of the Rover natural gas pipeline.
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  • Gas Demand to Get Boost as Supply Surge Sends Prices Lower

    Demand for natural gas will continue to rise over the next two decades, according to the Gas Exporting Countries Forum.
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  • BLOG: Attitudes About Age Cut Both Ways

    What are two ways that you can protect yourself against age discrimination?
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  • The Oil and Gas Industry Wakes Up to Blockchain

    Blockchain has emerged as a powerful ledger platform that reduces enormous complexities in the supply chain.
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  • Drillers Flock to Rockies as Sleepiest Shale Corner Awakens

    It's not exactly the Pike's Peak gold rush of 160 years but with crude prices on the rise, explorers are returning to the oil-rich rock of Colorado.
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  • Operator: Deadly Austria Gas Blast Likely Caused By Loose Filter Cap

    Tuesday's blast at Austria's Baumgarten gas hub, which killed one person and disrupted European gas flows, was most likely caused by a loose seal on a filter cap.
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  • Lebanon Approves Offshore Oil, Gas Exploration Bid

    Lebanon's cabinet approved a bid on Thursday for offshore energy exploration by a consortium made up of France's Total, Italy's ENI and Russia's Novatek.
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  • Cenovus Energy To Cut More Jobs Amid Cost-Cutting Push

    Cenovus Energy Inc will cut an additional 15% of its workforce and lower operating expenses as new chief executive, Alex Pourbaix, works aggressively to cut costs and lower debt.
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  • UK's Petrofac Sees Recovery In New Orders, Cuts CAPEX

    Oilfield services company Petrofac Ltd sees a recovery in new orders as an uptick in oil prices boosts project activity.
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  • BP Opens 100th Retail Station in Mexico

    BP plc remains on track to reach its target of opening 500 sites by the end of 2018.
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  • Forties Pipeline System Crack 'Stabilized'

    The small hairline crack in the Forties Pipeline System (FPS) at Red Moss, south of Aberdeen, has stabilized, Ineos confirmed in a company statement Thursday.
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  • Subsea Sector Still Supports Around 45,000 Jobs in UK

    The subsea sector still supports around 45,000 jobs in the UK, despite the recent downturn in oil and gas, according to Subsea UK's latest business activity review.
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  • OGTC Launches Fund to Find New Digital, Decommissioning Technologies

    The Oil & Gas Technology Centre launches a $2.6 million (GBP 2 million) fund to find new digital and decommissioning technologies.
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  • Oil Slips As US Gasoline Stock Build Overshadows Crude Draw

    Oil prices slipped for a second straight day.
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