Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest upstream oil and gas news from around the world.

  • Oil Pares Gains Into Settlement; US Fuel Stockpiles Rise

    Oil prices settled slightly higher on Wednesday, with Brent touching three-week highs.
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  • Oil's Biggest Rigs Headed to Junkyard as Daily Losses Mount

    Transocean's recent move signals just how bleak the future looks for deepwater drilling.
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  • Republican Tactic Aims to Open Eastern Gulf, Arctic to Oil Rigs

    Congressional Republicans have found a way to use the federal budget to open the Arctic National Wildlife Refuge to oil drilling.
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  • Total CEO: US Shale Oil Industry To See Wave Of Investment

    The US shale industry will see another production surge in 2018 as producers have sharply ramped up bets against a fall in oil prices, major oil executives and bankers say.
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  • Financial, Security Woes Put Libyan Oil Recovery On Shaky Ground

    Libya's oil production revival is being undermined by the same financial, economic and security problems that threaten the promise of stability.
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  • Oil Near $52 After Industry Data Shows Crude Stockpile Draw

    Oil was little changed after an industry report was said to show US crude stockpiles fell, while supplies of products gained.
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  • Shell Shale Leader Discusses the 'Non-Moonshot'

    Collaboration, repurposing tech will help company to achieve 'shale field of the future,' says exec.
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  • Total's CEO Says Will Try To Move Ahead With Iran Gas Project

    Total will try to push ahead with its Iran gas project if the United States decides to impose unilateral sanctions on Teheran.
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  • Goldman Sees Geopolitics Haunting Oil Again With Unclear Effects

    The oil market is grappling with intensifying geopolitical risks.
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  • Oil Rises 1% As Iraq Fighting Shuts Output In Kirkuk

    Crude prices rises 1% as Iraqi forces entered the oil-rich city of Kirkuk.
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  • Algeria Sees Energy Law Amendment By End Of 2018

    Algeria aims to amend its energy law in 2018 as it plans to improve contract terms to attract needed foreign investment, authorities say.
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  • UK North Sea Oil Faces Quickening Decline If No Brexit Deal

    The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union.
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  • One Person Still Missing Following Natgas Platform Explosion in Louisiana

    Local authorities are performing a search and rescue for one person still unaccounted for after a natural gas platform explosion on Lake Pontchartrain.
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  • Oil Rises to Two-Week High Amid Optimism on Re-Balancing Process

    Might the global crude oil glut be eroding?
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  • Trump Disavows Iran Deal: What's at Stake for Oil Markets

    Iran, already struggling to attract investors to its energy industry, may find things tougher still as Trump refuses to certify the nuclear deal.
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  • Create the Perfect Resume for a Drilling Consultant

    Rigzone details how to best tailor your resume to land a job as a drilling consultant.
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  • Cost Control Key to North Sea Production Growth

    Having already been written off once in the 80s and survived, North Sea production is now seen to be recovering even in the Era of Shale.
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  • Oil Slips Despite Larger Draw In US Stocks

    Oil prices rebounded from earlier losses, but ended lower on the day.
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  • Dakota Access Helps Drillers But Isn't a Bakken Game-Changer

    Is the Dakota Access 'a game-changer?'
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  • Turning the Faucet Back On: OFS Rebuilding Workforce

    After a prolonged oil slump and hundreds of thousands of layoffs, oilfield service companies are having to hire talent again.
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