Latest News Headlines
Rigzone.com: Latest News Headlines
The latest upstream oil and gas news from around the world.
Oil Jumps 3% As Dollar Falls, US Rig Count Drops
Oil prices rose sharply, as the dollar fell and US drillers cut rigs.
Read moreDutch Oil Storage Firm Vopak Sees 2017 Profit Down On Lower Occupancy
Vopak says its core profit in 2017 would be lower than last year.
Read moreNorway's Record July Gas Sales Could Lift Statoil Earnings
Norwegian gas sales hit a record July high, which analysts said would deliver strong quarterly earnings for top producer Statoil.
Read moreTANEKO Head: Tatneft To Double TANEKO's Refining Capacity In 2017
Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 million tonnes this year, TANEKO says.
Read moreVietnam Crude Oil Imports To Hit Record As Refinery Gets Ready To Start
Vietnam's crude oil imports will soar to record highs in August as the country ramps up fuel refining at a time when local crude output is dwindling.
Read moreReport: Petrobras, Brazil Dispute Transfer Of Rights Worth $30B
Brazil's government and Petrobras are locked in a dispute over the value of offshore oil blocks involving an estimated $30 billion.
Read moreBrazil Extends Customs Perks For Oil Industry Through 2040
Brazil extended through 2040 a preferential customs regime for the oil and gas industry called Repetro.
Read moreVenezuela's Oil Company Says 'Financial Blockade' Hurts Payments
A US-led 'financial blockade' has hurt PDVSA's capacity to collect payment for crude cargoes
Read moreBaker Hughes: US Drillers Cut Oil Rigs For Second Week In Three
US energy firms cut oil rigs for a second week in three, data shows, with drillers cutting spending plans in reaction to declining crude prices.
Read moreWhat Kind of Salary Can You Get as an Electrical Engineer in the US?
Rigzone explores potential salaries of electrical engineers in the United States.
Read moreMexican Government Raises Pemex Deductions To Continue Oil Output
Mexico's finance ministry says Pemex will be allowed to deduct more costs for developing some projects so the firm can maintain production.
Read moreSome Gas With That Sandwich? Convenience Dominates Fuel Market
Now the two models are coming together, combining the strength of fuel brand recognition with new consumer preferences for a broader buying experience.
Read moreLocal Media: Local Firm Wins Shale Gas Block Auction In China's Guizhou
A local firm on Friday won the right to explore and develop a shale gas block in the southwestern Chinese province.
Read moreFracking Jobs Prove Elusive for Coal Miners Looking to Switch
Dennis is learning a hard lesson of fracking: While it has created a bonanza of jobs, displaced coal miners and their communities are sometimes left out of the boom.
Read moreOil Closes Near $47 as Traders Assess US Stockpiles, Output
Oil in New York closed near $47 a barrel, a new 'battle line' for bullish and bearish traders.
Read moreGovernor Urges Trump To Drop Virginia From Offshore Drilling Plan
Virginia Governor Terry McAuliffe urged the Trump administration to exclude his state from a federal offshore oil and gas drilling plan.
Read moreGlencore, Chevron Enter Mexico's Recently Opened Fuel Market
Chevron and trading firm Glencore announced separate plans to enter Mexico's fuel market.
Read moreBlackstone Adds $10 Billion in Energy Assets With Harvest Deal
Blackstone Group LP will add $10 billion in assets by buying energy investor Harvest Fund Advisors.
Read moreNew American Oil Tankers Are Great for Traders, Lousy for Owners
Once rare American-built oil tankers are now plentiful, changing US gasoline flows and giving shipowners headaches.
Read moreChina's Blue Skies Target May Make for Winter Gas Crunch
The growing global LNG market will help the country meet any surge in demand this winter, says Liu Ming Hui, executive chairman of China Gas Holdings Ltd.
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