Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • Oil Oscillates Between Gains and Losses

    Oil oscillated between gains and losses as an uncertain economic outlook overshadowed signals of a tighter crude market with Iraq pledging to make extra output cuts this month.
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  • Assessing BP's New Goals

    BP has gone further than any oil company but there are areas of concern.
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  • Exxon Says 20 Percent of Reserves Threatened

    Exxon Mobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.
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  • OGUK and SDS Support Redundant Workers

    Industry body Oil & Gas UK has partnered with Skills Development Scotland to signpost support for oil and gas workers impacted by redundancy.
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  • Oil Up with US Stockpiles Shrinking

    Oil extended gains after closing near a five-month high in New York on Wednesday.
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  • What Do Oil Groups Think of Biden Energy Plan?

    2020 president hopeful Joe Biden unveiled his clean energy plan in July.
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  • Oil Prices Settle Higher Amid Fuel Supply Build

    A government report showed a decline in US crude inventories yet an increase in refined product supplies.
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  • Climate Hawks Press Biden to Take More Radical Stance

    If climate activists succeed in pulling him to the left it could cost him mainstream support.
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  • Brent Tops $45

    Oil climbed to a five-month high in London.
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  • Senate Confirms Deputy Energy Sec

    The U.S. Senate has confirmed Mark W. Menezes to be the Deputy Secretary of Energy in a bipartisan vote of 79-16.
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  • OGUK Launches Forum to Help SMEs

    Industry body Oil & Gas UK has launched a new forum dedicated to helping small and medium-sized businesses navigate the downturn.
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  • BP Oil Business Will Shrink Dramatically

    BP's oil and gas business will shrink dramatically, while its low carbon business will grow strongly.
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  • Oil Steady After Longest Rally Since June

    Oil was steady after the longest run of gains in six weeks on signs U.S. crude stockpiles extended declines.
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  • Oil Prices Climb After Lebanon Blast

    Oil climbed to the highest level in nearly two weeks after an explosion at Lebanon's main port rocked the capital Beirut.
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  • Oil Flat as OPEC Supply Offsets Economic Gains

    Oil held near $41 a barrel in New York after the biggest gain in two weeks.
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  • Oil Prices Rise Amid Recovery Signs

    Oil rose the most in nearly two weeks.
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  • Crisis Presents BP CEO With Chance to Change

    The crisis is giving Looney the opportunity to accelerate the big changes needed to fulfill his vision.
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  • Oil Dips as OPEC+ Starts to Unwind Cuts

    Oil edged below $40 a barrel in New York as OPEC and allied producers started supplying more crude to a global market where many countries are still struggling to contain the coronavirus.
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  • Libya NOC Calls for Demilitarization of Oil Assets

    Libya's National Oil Corporation has called for the 'demilitarization' of oil facilities.
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  • Oil Prices Up for the Month

    Oil posted a gain in July, boosted by a steadily weakening dollar and OPEC's restraint on production.
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