Latest News Headlines
Rigzone.com: Latest News Headlines
The latest oil and gas news from around the world.
Oil Slumps as Global Virus Spread Quickens
Oil slumped the most since Feb. 3 as a risk-off mood blanketed Asian markets after the global spread of the coronavirus quickened over the weekend.
Read moreNPD Gives Skogul Go-Ahead
The Norwegian Petroleum Directorate has granted its consent for the start-up of the Skogul field in the North Sea.
Read moreAramco Gets Jafurah Approval
Saudi Aramco has announced regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province.
Read moreKosmos Appoints New CFO
Kosmos Energy's current senior vice president and chief financial officer will retire in May.
Read moreTeck Pulls Oil-Sands Mine Project
Teck Resources is pulling its application for a controversial new oil-sands mine in Alberta.
Read moreOil Stumbles on Fears of Virus Intensifying Beyond China
China revised how it calculates infection totals again, raising questions about data reliability and confirming the virus's growing reach.
Read moreCoronavirus Ripple Effect Hits Oil Exporters Large and Small
EIU forecasts that China's slower GDP growth will have an outsized impact on oil prices in 2020.
Read moreWhy is an E&P Recovery Slow to Materialize?
With difficult shale economics and depressed pricing seeming to be the new normal, E&P asset valuations have cratered.
Read moreBuyer Cancels LNG Cargoes From Cheniere
Cancellations of US cargoes were closely watched and highly anticipated amid a grim outlook on global prices.
Read moreUS Rig Count Barely Budges
The US rig count is up just one rig from last week to 791.
Read moreGhana FPSO Charter Goes to Yinson
This image illustrates FPSO and subsea infrastructure. IMAGE SOURCE: Aker Energy AS
Read morePhillips 66 Partners Snags Liberty Pipeline Interest
Liberty Pipeline will provide oil transportation service from the Rockies and Bakken production areas to Cushing, Oklahoma.
Read moreNoble Corp. Receives NYSE Notice
Noble has six months to bring its share price and thirty trading-day average share price above $1.00.
Read moreUnit Corp. Names New CEO
Larry D. Pinkston announced his retirement from his current roles effective March 31, 2020.
Read moreEnpro Subsea Starts New Chapter
Pictured from left, Enpro Subsea directors Craig McDonald, Ian Donald, Steve Robb, Neil Rogerson and Tom Bryce. PHOTO SOURCE: Enpro Subsea.
Read moreOil Demand Growth Set for Strong 2021
Here are Rigzone's top stories during the last week, just in case you missed them...
Read morePetrofac Bags Sharjah Project
Petrofac's EPS division has been awarded an EPCC contract by Sharjah National Oil Corporation.
Read moreCrew Kidnapped from Oil Tanker
Reporting indicates that the Alpine Penelope crude oil tanker has been attacked while in transit towards Lagos.
Read moreVitol Sees Oil Recovery This Year
The oil market is poised for a recovery but will have to first tackle a severe virus-induced demand slump.
Read moreOil Rally Sputters on Renewed Virus Concern
Oil pared a second weekly gain on renewed concern about the impact of the coronavirus.
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