Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Finish Lower

    Oil fell this week amid growing concerns that another wave of the coronavirus pandemic will spark tighter lockdown measures and further stifle crude demand.
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  • India May Peg Local Gas Price to Asia LNG

    The proposal reportedly would peg the price to the popular benchmark Japan-Korea Marker.
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  • Permian Crown Jewel Preps for Biden Ban

    The Permian in New Mexico, unlike in Texas, lies largely on federal land.
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  • Weatherford Unveils MPD Milestone

    The service company contends the collaboration is the first of its kind.
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  • Signs Show Possible Onshore Uptick for 2021

    Rigzone panelists offer their insights on the top oil market hits and misses for the week ending Sept. 25, 2020.
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  • Citgo Sets Timeline to Restart Louisiana Refinery

    CITGO's Lake Charles refinery, above, sustained damage from Hurricane Laura. PHOTO SOURCE: CITGO Petroleum Corp.
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  • BP Hits 25-Year Low

    Just a week after revealing its plan to turn itself into a clean-energy giant, BP Plc watched its share price drop to a 25-year low.
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  • ONGC Fire Extinguished

    A fire which broke out in Oil and Natural Gas Corporation Limited's (NSE: ONGC) Hazira Gas Processing Plant near Surat, India, has now been extinguished.
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  • No Layoffs as Total Goes Zero Crude at Refinery

    Total (EPA: FP) has revealed that it will carry out its industrial redeployment at the Grandpuits refinery in France with no layoffs.
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  • OGUK Welcomes Chancellor's Plans

    Industry body Oil & Gas UK has initially welcomed the winter economy plans announced on Thursday by the UK Chancellor of the Exchequer.
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  • Oil Rally Stalls on New Supply Risk

    Oil was headed for a third weekly decline in four amid signs fresh supply might be hitting the market as the demand outlook worsens.
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  • Light Crude Clears $40 Amid Sign of More Stimulus

    House Speaker Nancy Pelosi said she spoke with Treasury Secretary Steven Mnuchin, signaling openness to resuming stimulus talks.
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  • Iran Opens Naval Base Along Oil Chokepoint

    Iran's Islamic Revolutionary Guard Corps opened a new naval base along one of the world's busiest oil transit routes.
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  • Total to Stop Refining Crude at French Facility

    The French energy giant will replace the facility with plants making renewable fuels and plastics.
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  • Former PDVSA Trader Charged in US Graft Crackdown

    A former PDVSA trader was charged with receiving bribes as part of an expansive investigation into traders paying for access to South American oil markets.
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  • Apache Contract Extension Could Be Worth $100MM

    Apache Corp. has awarded Archer a four-year contract extension for platform drilling and maintenance services.
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  • California Is Banning Gasoline Cars

    California just started the clock on a future that a few years ago would've been unthinkable - dealerships full of nothing but zero-emissions cars.
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  • Sapura Energy Founder to Retire

    Sapura Energy Berhad has announced that its president and group chief executive officer is planning to retire after leading the group for a quarter of a century.
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  • OGA Appoints Ex-Chevron and BP Rep

    The UK Oil and Gas Authority has announced that it has appointed Andy Brooks as its new Central North Sea area manager.
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  • Executives Predict 2020-End Oil Price

    The price of West Texas Intermediate oil at the end of 2020 is expected to be between $40 per barrel and $44.99 per barrel.
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