Oil Industry Headlines
Rigzone.com: Industry Headlines
The latest oil and gas news from around the world.
Oil Crashes on New Variant Implications
Crude suffered one of worst crashes on record this Black Friday.
Read moreOil Crashes as New Covid Variant Roils Markets
Both benchmarks tumbled on Friday with the emergence of the new variant.
Read moreTop Headlines: BP Goes on Hydrogen Hiring Spree and More
Check out some of Rigzone's top stories this week.
Read moreKeppel Bags $145M+ Deals For FPSO, FSRU Work
Keppel Offshore & Marine has won deals for the conversion of an FSRU and the integration of an FPSO.
Read moreEnergy Aspects Says Oil Overreacting to Covid News
The material hit to demand is likely about 15,000 barrels a day, chief oil analyst Amrita Sen said.
Read moreSPR Release Symbolic and Political
Rigzone's regular market watchers look at the effects of the U.S. Strategic Petroleum Reserve release, rig count trends, potential price spikes and more.
Read moreEquinor Submits $1.1B Plan For Further Oseberg Development
Equinor has submitted a plan for development and operation for the Oseberg field in the North Sea.
Read moreUAE Says It Has No Prior Position Before OPEC+ Meeting
The UAE remains fully committed to the OPEC+ alliance.
Read moreNew Type of Price War is Brewing
A new and unchartered type of price war is brewing, according to Rystad Energy.
Read moreCalifornia Gasoline Price Hits Record on Thanksgiving
The average price for regular unleaded gasoline in California hit a new record.
Read moreOil Down After Biggest USA Supply Build in 3 Weeks
A government report showed U.S. stockpiles increased 1.02 million barrels last week.
Read moreONGC Hires One More Shelf Drilling Rig For Work Off India
Shelf Drilling has been awarded a three-year contract for one of its drilling rigs by India's Oil and Natural Gas Corporation (ONGC).
Read moreWood Pens Peregrino Maintenance Deal With Equinor
Wood has secured an extension with Norwegian energy firm Equinor to deliver maintenance solutions on the Peregrino field offshore Brazil.
Read moreAibel Scores $560 Million In Deals With Equinor
Equinor has signed contracts with Aibel for work on four projects worth around $560 million.
Read moreAnti-OPEC+ Officially Emerges
A set of top oil-consuming countries are taking the supply-side dynamics into their own hands.
Read moreOil Up on Underwhelming SPR Announcement
Oil climbed by the most in two weeks as a landmark plan from consumer countries to tap their strategic oil reserves was less severe than markets expected.
Read moreRBC Says USA May Release More Oil Reserves
The U.S. believes it has the ability to release more oil from its reserves, according to RBC Capital Markets analysts.
Read moreEnvironmentalists Protest Shell Seismic Work Off South Africa
Around 200 environmental activists gathered to protest the arrival of seismic acquisition vessel Amazon Warrior in Cape Town harbor ahead of starting a survey campaign for Shell.
Read moreBiden Orders Release of USA Oil Reserves
The U.S. will release 50 million barrels of crude from its strategic reserves.
Read moreAPI, NOIA React to House Reconciliation Bill Passage
The American Petroleum Institute and the National Ocean Industries Association comment on the U.S. House of Representatives passing the reconciliation bill.
Read more