Latest News Headlines
Rigzone.com: Latest News Headlines
The latest oil and gas news from around the world.
Oil Posts Another Weekly Gain Despite Doubts About China Growth
Futures in New York slid 2 percent Friday but notched a 13 percent increase for the week.
Read moreCompletions Death Spiral Slows Down
Rigzone panelists highlight their perspectives on the top oil market hits and misses for the week ending May 22, 2020.
Read moreEnbridge Pipeline Hits More Government Pushback
The $6.5B project would add 370,000 barrels of daily shipping capacity from Hardisty to Superior, Wisconsin.
Read moreUS LNG Cancellations Surge With Storage Space Dwindling
US projects could get requests to cancel a total of 35-45 cargoes for July loading, higher than the number of shipments scrapped for June.
Read moreOil Takes Breather on China Economy Doubts
"Great uncertainty" over the coronavirus has discouraged Beijing from setting an economic growth target.
Read moreBig Jump Predicted for Nat Gas Prices
Here are some of Rigzone's top stories during the last week, just in case you missed them…
Read moreSaudi Petchems Contract Goes to McDermott
A subsidiary of Advanced Petrochemical Co. has awarded McDermott International, Inc. a contract for a propane dehydrogenation unit.
Read moreTrump Cautioned on Imposing Oil Tariffs
A coalition of 23 free-market, small business and consumer groups is urging President Trump not to impose tariffs on imported crude oil.
Read moreOffshore Australia 3D Seismic Survey Concludes
Polarcus acquired the Petrel 3D seismic data using its Asima vessel. The geophysical firm's Nadia vessel appears in the above photo.
Read more$2.7B Cut of West Africa Contracts Bound for Saipem
Here is a recap of the most popular downstream-related articles this past week on Rigzone.
Read moreTotal Still on Track for North Sea Divestments
The sale is moving ahead, although Petrogas is no longer part of the transaction.
Read moreLamprell Wins EPIC Contract With Sharjah National Oil
Scheduled for completion in early 2021, Lamprell's work will be specific to the Mahani extended well test project.
Read moreOil Sees Longest Streak of Gains in More Than a Year
US supply data showed crude inventories fell for a second week after climbing steadily since January.
Read moreShell Planning Voluntary Job Losses
Shell will have a clearer picture of what the reorganization of the company will look like by the end of the year.
Read moreIndustry Bodies Partner on Inclusive Campaign
UK industry bodies AXIS Network and Step Change in Safety are partnering to develop guidance for operators and the supply chain on inclusive offshore working practises.
Read moreNOCs to Slash Exploration Budgets by Over a Quarter
National oil companies around the world will slash their exploration budgets by over a quarter on average in 2020, Wood Mackenzie estimates.
Read morePGS to Acquire 3 New Surveys in Eastern Canada
PGS has revealed that it will acquire three new seismic surveys in Eastern Canada this year.
Read moreShale Faces Multibillion-Dollar Hedging Crunch
U.S. shale drillers spooked by the epic meltdown in oil markets are trying to figure out how to protect themselves in the future.
Read moreOil Heads for 6th Daily Rise on US Stockpile Draws
Oil was headed for its longest run of daily gains in 15 months.
Read moreThree-year Middle East Contract Goes to Oceaneering
Oceaneering has won an asset integrity contract for onshore and offshore work from a Dubai-based operator.
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