Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Another Gulf Coast LNG Project Hits Milestone

    Train 1 of Freeport LNG has begun commercial operations.
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  • Thunberg Urges NO and CA to Wind Down Production

    Greta Thunberg and 15 other youth climate activists urged Norway and Canada to wind down their oil and gas production, which they said violates children's rights around the world.
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  • Aker Energy CEO Resigns

    Aker Energy's board of directors has named Svein Jakob Liknes as acting chief executive officer following the decision by Jan Arve Haugan to resign.
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  • Equinor Starts 3rd UK Development in 2019

    Equinor has started its third UK upstream development in 2019 - Barnacle.
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  • Saudis Not Getting Bullish About Oil for 2020

    A year after a rare bullish call on oil, Saudi Arabia isn't counting on much of an uplift from crude prices in 2020.
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  • Oil Steady as Stockpiles Offset Trade Anxiety

    Oil was steady near a 12-week high as investors weighed a forecast drop in American crude inventories against a looming deadline for the U.S. to impose more tariffs on China.
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  • Oil Prices Fall Modestly

    WTI and Brent crude oil prices finished lower Monday.
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  • Pemex's Oil Find May Not Be a Silver Bullet

    The discovery is a welcome development for the beleaguered driller that has experienced almost 15 years of output declines.
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  • Baker Hughes Awards Kuwait Drilling Contracts

    Baker Hughes has awarded ADES International Holding a pair of deep drilling contracts.
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  • Petronas Raises $1.4 Billion

    The selldowns will rank among the biggest-ever block trades in Malaysia.
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  • Texas Deepwater Oil Port Project Advances

    Enbridge will gain an option to purchase a stake in Enterprise's Sea Port Oil Terminal if the offshore Texas project wins a deepwater port license.
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  • Aramco Stock Will Have Plenty of Support

    When shares of Saudi Arabia's national oil company begin trading Wednesday, the stars will be aligned to ensure that the stock price holds up.
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  • Tullow CEO Resigns

    Paul McDade has resigned from the Tullow board by mutual agreement and with immediate effect.
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  • China Sets Up National Pipeline Company

    China announced the creation of its long-planned national oil and gas pipeline company.
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  • 40pc of Offshore Norway Output Electrified by 2025

    Forty-percent of Norway's offshore oil and gas production will come from electrified platforms by 2025, according to Rystad Energy.
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  • Oil Near 12-Week High after Surprise Saudi Curbs

    Oil traded near the highest level in almost 12 weeks after Saudi Arabia surprised the market Friday with a significant supply cut beyond what was agreed to with fellow OPEC+ members.
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  • Oil Prices Up for the Week

    Both WTI and Brent are up for the week, but only one of the benchmarks is up dramatically for the period.
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  • Chevron Invests in Electric Motor Maker

    Chevron Technology Ventures has invested in an electric motor manufacturer that aims to disrupt the oil and gas and other industries.
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  • Petrofac Mulls Offshore Oil Asset Sale in Malaysia

    Petrofac Ltd., the U.K.-listed oilfield service provider, is weighing a sale of its Malaysian assets for about $300 million.
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  • US Drops Five Oil Rigs

    The U.S. idled five oil rigs and added two gas rigs for a net loss of three rigs this week.
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