Oil Industry Headlines
Rigzone.com: Industry Headlines
The latest oil and gas news from around the world.
Oil Prices Falter Amid OPEC+ Meeting Rumors
Oil slid with reports that Russia and other OPEC+ nations are considering raising production.
Read moreMajor Oil Trader Joins $100+ Crude Bandwagon
Oil could top $100 a barrel in the next 12 to 18 months, according to the world's second-largest independent oil trader.
Read moreOil Slips After Hitting $75
Oil retreated after hitting $75 a barrel in London for the first time in over two years.
Read moreExxon Prepares to Cull White Collar USA Jobs
Exxon is preparing to cut headcount at its U.S. offices by up to 10% annually for the next 3-5 years by using its performance-evaluation system, according to people familiar with the matter.
Read moreOil Prices Surge Amid Supply Decline Expectations
Oil jumped by the most in a month.
Read morePros and Cons of ESG Programs in the Oil and Gas Industry
Maintaining strong partnerships with the supply chain and local communities is key.
Read moreBofA Says Oil May Hit $100 Next Year
Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said.
Read moreBSEE Releases Deepwater Asgard Incident Report
The Bureau of Safety and Environmental Enforcement has released the results of its investigation into the Deepwater Asgard incident, which occurred on October 28, 2020.
Read moreOil Up as Iran Nuclear Talks End Without Deal
Oil climbed near $72 a barrel after the latest talks between world powers and Iran to revive a nuclear deal ended without an agreement.
Read moreOGA Extends Mediation Pilot
The UK Oil and Gas Authority has announced that the UKCS Mediation Pilot has been extended until April 30, 2022.
Read moreOil Prices Climb for Fourth Straight Week
Oil posted a fourth straight weekly gain.
Read moreWhat Could an Oil Super-Cycle Mean for USA Producers?
Here's a preview of what to watch this week in the oil and gas markets.
Read moreWill Shell's Permian Assets Be Repurposed?
Rigzone panelists look back at oil and gas market hits and misses for the week ending June 18, 2021.
Read moreShell Mulls Largest US Oil Field Sale and More
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Read moreUSA Oil Prices Close Gap to Brent
The U.S. oil market is reaching a crunch point.
Read moreUSA Hurricane Center Issues Advisories
The U.S. National Hurricane Center is issuing advisories on Potential Tropical Cyclone Three, which is located over the southwestern Gulf of Mexico.
Read moreOPEC+ Gave Oil Industry a Lifeline
OPEC+ gave the oil industry a lifeline when it needed it most,
according to OPEC Secretary General Mohammad Sanusi Barkindo.
Read moreOil Down as Traders Weigh Dollar Against Demand
Oil fell below $71 a barrel after the biggest drop in four weeks as traders weighed prospects for a stronger dollar against rising demand.
Read moreOil Futures Lose Luster As Greenback Strengthens
Oil slumped the most in a month.
Read moreDOE Announces New Biden Administration Appointees
The U.S. Department of Energy has announced several additional Biden-Harris administration appointees.
Read more