Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Clears Early Losses as Dollar and Expirations Impact Trading

    Oil was down early in the session on a stronger dollar but bounced back as WTI expirations looming on Thursday had traders scrambling to square positions.
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  • Gunvor to Tap Bond Market for First Time Since 2013

    Gunvor Group Ltd. is seeking a return to the bond market for the first time in eight years.
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  • Shell Plans Dutch Biofuels Plant

    Royal Dutch Shell Plc signed off on plans for a large biofuels plant in the Netherlands, stepping up investment in cleaner energy as it retreats from refining crude oil.
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  • SBM Offshore Completes $1.6B FPSO Sepetiba Financing

    SBM Offshore has announced that it has completed the project financing of the floating production storage and offloading vessel Sepetiba for a total of $1.6 billion.
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  • Al Hariga Oil Port Sit-in Ends

    Libya's National Oil Corporation (NOC) has announced the resumption of crude export operations at the Al Hariga oil port.
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  • First Exploration Well for North Sea Company Drilled

    Longboat Energy has announced that drilling has commenced at Rodhette, the company's first exploration well.
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  • Warwick Buys $450MM of Texas Shale Assets

    One of the biggest U.S. investors in oil and natural gas wells is buying $450 million worth of assets in the Texas Eagle Ford shale basin from a renowned energy family in Dallas.
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  • Chevron CEO Warns of High Energy Prices

    The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.'s top executive.
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  • Aker BP Hands Out $80MM+ in FEED Deals

    Aker BP has awarded front end engineering design contracts worth nearly $81.6 million to its alliance partners.
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  • Oil Surged Higher Wednesday

    Oil reaches a six week high as the EIA reports a drop of over six million barrels in supply to reach levels not seen since 2019.
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  • Chevron and Enterprise Exploring Carbon Storage Ops

    Chevron and Enterprise Products Partners are exploring carbon storage business opportunities.
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  • GOM Oil Output at 60 Percent

    The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing.
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  • TRC Makes It a Little Harder for Wells to Flare Gas

    Getting a permit to burn excess natural gas at Texas oil wells is getting a little bit harder.
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  • Halliburton Selected for Offshore Israel Campaign

    Halliburton Company (NYSE: HAL) has been awarded an integrated services contract to execute a three to five well drilling and completions campaign for Energean.
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  • BP Appoints New EVP of Gas and Low Carbon Energy

    BP (NYSE: BP) has announced the appointment of Anja-Isabel Dotzenrath as its new executive vice president of gas and low carbon energy and a member of BP's leadership team.
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  • China Move to Curb Oil Prices Has Market Wary

    China's first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices.
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  • Oil Up as API Report Shows Inventory Slump

    Oil gained after a U.S. industry report showed another decline in inventories of crude and gasoline, signaling a tightening market.
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  • Dragon LNG Deploys New Drug Testing Tech

    Wales-based Dragon LNG is the first organization in the international gas industry to deploy a new fingerprint-based drug testing technology, a statement posted on the test provider's website has announced.
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  • Oil Steady In Wake of Hurricane Nicholas

    Oil settled with minimal change as threats to crude supply from the Gulf of Mexico fizzled in the wake of hurricane Nicholas.
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  • Santos and ANPM Sign MOU to Progress Timor Sea CCS

    Santos has signed an MOU with the Timor-Leste regulator ANPM to progress Carbon Capture and Storage at Bayu-Undan in the Timor Sea.
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