Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Slide Again

    Oil slid by the most in three weeks as a stronger dollar and weak US economic data stoked concerns over an economic rebound.
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  • Baker Hughes US Rig Tally Hits 373

    Baker Hughes reported the total number of rotary drilling rigs operating in the United States increased by 13 week.
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  • How Quickly Will US Fossil Fuel Output Rebound?

    Look back at oil and gas market hits and misses for the week ending Jan. 15, 2021.
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  • HAL Electric Frac First 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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  • Total Drops API Membership

    Total reported Friday that it has decided not to renew its membership in the American Petroleum Institute (API) for 2021.
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  • Feds Decline Comment on Exxon Permian Probe Report

    ExxonMobil said the reported claims are "demonstrably false" and that the company "stands by" its statements to investors.
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  • Dana Terminates Maersk Drilling Deal

    Maersk Drilling announced Friday that it has received notice of early termination of a one-well contract with Dana Petroleum Denmark B.V.
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  • ENOG Takes Karish North FID

    Energean plc (LSE: ENOG) has announced that it has taken a Final Investment Decision on the Karish North gas development, offshore Israel.
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  • Total Makes Significant Oil Find

    Total (NYSE: TOT) has announced that it and Apache Corporation (Nasdaq: APA) have made a 'significant' new oil and gas discovery at the Keskesi East-1 well in Block 58 off the coast of Suriname.
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  • NS2 Set to Finish Bulk of Work on One Line in June

    Nord Stream 2 AG plans to complete major construction work on one of two branches of the controversial Russian gas link in the first half of 2021.
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  • US Targets CNOOC in Late Anti-China Push

    The Trump administration blacklisted China's third-biggest oil company over its drilling in the South China Sea.
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  • Oil Retreats as Stronger Dollar Dents Rally

    Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally.
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  • Spirit Energy Contracts Rig for UKCS Infill Well

    The Maersk Resolve, above, will drill a development well at Grove North East in the UK North Sea. PHOTO SOURCE: Maersk Drilling
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  • Oil Futures Gain Amid $2T Stimulus Hopes

    Oil rose to a new 10-month high in New York.
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  • Texas Pipeline Group Elects New Chairman

    NuStar's Shay Bluntzer is the new chairman of the Texas Pipeline Association.
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  • Halliburton Claims Electric Frac First

    This photo shows an electric frac job underway at a Cimarex Energy well pad in the Permian Basin of West Texas. PHOTO SOURCE: Halliburton
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  • Shell to Join Offshore Argentina Block

    Equinor and YPF have agreed to jointly farm-down a nearly one-third non-operated stake in the CAN 100 block offshore Argentina to Shell
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  • Ovintiv Investor Threatens Proxy Fight

    The private equity firm, which said it owns a 2.4% stake in Ovintiv, argues that the company is falling behind its peers.
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  • South Korea Seeks Qatari Help to Release Tanker

    South Korea has asked Qatar for 'maximum support' to secure the release of an oil tanker seized by Iran this month.
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  • ADNOC Creates New Directorate

    Abu Dhabi National Oil Company has created a new Downstream Industry, Marketing & Trading Directorate, effective January 17, 2021.
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