Latest News Headlines
Rigzone.com: Latest News Headlines
The latest oil and gas news from around the world.
Oil Prices Fall Amid OPEC+ Easing Expectations
Expectations are that the cartel will begin unwinding historic supply curbs as planned in August.
Read moreSaudi Official Offers Sign of Less OPEC+ Cheating
Saudi Arabia commended Iraq for implementing almost all of its oil production cuts last month.
Read moreExxonMobil Resumes Guyana Drilling
Two of Exxon's four drillships went back to work, according to data published Friday by Baker Hughes Co.
Read moreEgypt to Mandate NGVs
Egypt will require new cars to operate on natural gas before they receive a license, according to the country's president.
Read more$463MM Deal to Boost Iran Oil Field Output
Iran's Persia Oil and Gas Industry Development Co. signed a $463 million agreement with state-run National Iranian Oil Co. to operate and further develop Yaran oil field.
Read moreOPEC Readies Next Move
Saudi Oil Minister Prince Abdulaziz bin Salman likes the idea of OPEC+ acting as the central bank of oil.
Read moreOil Demand is at Threat
Oil demand is again at threat as a second wave of Covid-19 seems to be on the horizon.
Read moreFinalists Announced for NPD IOR Award
The Norwegian Petroleum Directorate has announced three finalists for its 2020 improved oil recovery award.
Read moreCNPC to Halve Methane Emission Intensity
China National Petroleum Corporation has pledged to reduce its methane emission intensity by 50 percent between 2019 and 2025.
Read moreNOC Redeclares Force Majeure on All Libya Exports
Libya's National Oil Corporation has been forced to redeclare force majeure on all oil exports from the country.
Read moreOil Down on Signs OPEC+ Will Increase Output
Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts.
Read morePipeline Losses Could Embolden Industry Foes
Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
Read moreOil Prices Up Amid Virus Treatment News
Oil rebounded as a new virus treatment showed promising results, but rising Covid-19 cases continued to weigh on the market.
Read moreBaker Hughes Shows Mixed Rig Counts
The number of rotary rigs operating in the U.S. decreased over the past week but increased in Canada, Baker Hughes Co. reported Friday.
Read moreOil Demand Could Get Boost from Metals Surge
Check out this review of oil market hits and misses for the week ending July 10, 2020.
Read more$8B Pipeline Cancellation Imperils Appalachia Rebound
To understand why the cancellation of the $8 billion Atlantic Coast Pipeline was such big news, consider America's most important natural gas-producing region.
Read moreBP Forms India Fuels JV with Reliance
BP and Reliance Industries Limited have launched a new India fuels and mobility joint venture.
Read moreTexas Refiners Contend with Virus Rebound
Oil refineries aren't being spared as Covid-19 sweeps through Texas.
Read moreNOC Lifts Force Majeure on All Libya Exports
The National Oil Corporation in Libya has lifted force majeure on all oil exports from the country.
Read moreIEA Warns Oil Demand Recovery at Risk
The International Energy Agency bolstered its outlook for global oil demand, but warned that the recovery could be derailed by the resurgence of coronavirus.
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