Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Slumps as Global Virus Spread Quickens

    Oil slumped the most since Feb. 3 as a risk-off mood blanketed Asian markets after the global spread of the coronavirus quickened over the weekend.
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  • NPD Gives Skogul Go-Ahead

    The Norwegian Petroleum Directorate has granted its consent for the start-up of the Skogul field in the North Sea.
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  • Aramco Gets Jafurah Approval

    Saudi Aramco has announced regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province.
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  • Kosmos Appoints New CFO

    Kosmos Energy's current senior vice president and chief financial officer will retire in May.
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  • Teck Pulls Oil-Sands Mine Project

    Teck Resources is pulling its application for a controversial new oil-sands mine in Alberta.
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  • Oil Stumbles on Fears of Virus Intensifying Beyond China

    China revised how it calculates infection totals again, raising questions about data reliability and confirming the virus's growing reach.
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  • Coronavirus Ripple Effect Hits Oil Exporters Large and Small

    EIU forecasts that China's slower GDP growth will have an outsized impact on oil prices in 2020.
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  • Why is an E&P Recovery Slow to Materialize?

    With difficult shale economics and depressed pricing seeming to be the new normal, E&P asset valuations have cratered.
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  • Buyer Cancels LNG Cargoes From Cheniere

    Cancellations of US cargoes were closely watched and highly anticipated amid a grim outlook on global prices.
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  • US Rig Count Barely Budges

    The US rig count is up just one rig from last week to 791.
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  • Ghana FPSO Charter Goes to Yinson

    This image illustrates FPSO and subsea infrastructure. IMAGE SOURCE: Aker Energy AS
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  • Phillips 66 Partners Snags Liberty Pipeline Interest

    Liberty Pipeline will provide oil transportation service from the Rockies and Bakken production areas to Cushing, Oklahoma.
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  • Noble Corp. Receives NYSE Notice

    Noble has six months to bring its share price and thirty trading-day average share price above $1.00.
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  • Unit Corp. Names New CEO

    Larry D. Pinkston announced his retirement from his current roles effective March 31, 2020.
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  • Enpro Subsea Starts New Chapter

    Pictured from left, Enpro Subsea directors Craig McDonald, Ian Donald, Steve Robb, Neil Rogerson and Tom Bryce. PHOTO SOURCE: Enpro Subsea.
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  • Oil Demand Growth Set for Strong 2021

    Here are Rigzone's top stories during the last week, just in case you missed them...
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  • Petrofac Bags Sharjah Project

    Petrofac's EPS division has been awarded an EPCC contract by Sharjah National Oil Corporation.
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  • Crew Kidnapped from Oil Tanker

    Reporting indicates that the Alpine Penelope crude oil tanker has been attacked while in transit towards Lagos.
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  • Vitol Sees Oil Recovery This Year

    The oil market is poised for a recovery but will have to first tackle a severe virus-induced demand slump.
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  • Oil Rally Sputters on Renewed Virus Concern

    Oil pared a second weekly gain on renewed concern about the impact of the coronavirus.
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