Oil Industry Headlines
Rigzone.com: Industry Headlines
The latest oil and gas news from around the world.
Seadrill Bags GOM Contracts and More
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Read moreOPEC+ Calls Last Minute Talks
Saudi Arabia and Russia summoned OPEC+ ministers who oversee their oil production cuts for last-minute talks on Saturday.
Read moreOil Rally Stalls Amid OPEC+ Tensions
Brent oil edged lower, but was on track for a fourth weekly gain, amid signs of division among OPEC+ members just days before a key policy meeting.
Read moreMexico Oil Executive Asked to Resign
A director at the trading arm of Mexico's state oil company was asked to resign after authorizing payments under a profit-sharing plan, according to a person familiar with the matter.
Read moreSaipem Supports Women Empowerment Principles
Saipem (BIT: SPM) revealed Thursday that it has signed a declaration of support for the Women Empowerment Principles (WEP) and the Manifesto for female employment of the Valore D association.
Read moreAPI and NABTU Urge Senate Action on NAC
The American Petroleum Institute (API) and North America's Building Trades Unions (NABTU) have urged the U.S. Senate to act on the National Apprenticeship Act.
Read moreEni Pitches Supercomputer Against Virus
Eni (NYSE: E) has announced that its HPC5 supercomputer has run the most complex molecular computation test ever conducted in the world in order to identify new treatments against the virus.
Read moreOil Prices Surge Amid Weaker Dollar and Surprise Draw
Oil closed at an eight-month high.
Read moreOil Price Comeback Seems Unstoppable
The oil price comeback seems unstoppable since news of positive vaccine trials arrived.
Read moreIEF Condemns Jeddah Attack
The International Energy Forum has condemned the attack on a fuel tank facility in Jeddah, Saudi Arabia.
Read moreUK Oil Sector Business Confidence Slashed
Business confidence across the UK's oil and gas sector has been slashed, according to Aberdeen & Grampian Chamber of Commerce's 32nd oil and gas survey.
Read moreOil Keeps Going Up on Demand Optimism
Oil kept rising after closing at an eight-month high on increasing optimism that recent Covid-19 vaccine breakthroughs will lead to a swift recovery in global energy demand next year.
Read moreLight Crude Crosses $45 Mark
Oil reclaimed heights not seen since the pandemic pummeled prices in the spring.
Read moreOil Futures Curve Signals Tighter Market
The oil futures curve, an important gauge of trader bullishness, has strengthened to levels last seen in the early days of the pandemic.
Read moreAramco Says No One Hurt in Blast
Saudi Aramco needed about 40 minutes to put out the fire caused by a missile strike on a fuel depot in the Red Sea city of Jeddah.
Read moreOil Prices Start Week on a Positive Note
Oil prices started the week on a positive note, capitalizing on recent Covid-19 vaccine news.
Read moreOil Highest Since March on Vaccine and Biden News
Oil traded at its highest level since March as markets broadly rallied on the start of the U.S. presidential transition process and with the demand outlook strengthening after a string of positive vaccine breakthroughs.
Read moreWTI Settles Above $43 a Barrel
Global oil prices hit the highest level since March.
Read moreOil Up on US Vaccination Optimism
Oil pushed higher after closing at the strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook.
Read moreLight Crude Ends Week Above $42
Oil rose to the highest in nearly three months.
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