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.
Read moreAssessing BP's New Goals
BP has gone further than any oil company but there are areas of concern.
Read moreExxon 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.
Read moreOGUK 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.
Read moreOil Up with US Stockpiles Shrinking
Oil extended gains after closing near a five-month high in New York on Wednesday.
Read moreWhat Do Oil Groups Think of Biden Energy Plan?
2020 president hopeful Joe Biden unveiled his clean energy plan in July.
Read moreOil Prices Settle Higher Amid Fuel Supply Build
A government report showed a decline in US crude inventories yet an increase in refined product supplies.
Read moreClimate Hawks Press Biden to Take More Radical Stance
If climate activists succeed in pulling him to the left it could cost him mainstream support.
Read moreBrent Tops $45
Oil climbed to a five-month high in London.
Read moreSenate 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.
Read moreOGUK 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.
Read moreBP Oil Business Will Shrink Dramatically
BP's oil and gas business will shrink dramatically, while its low carbon business will grow strongly.
Read moreOil 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.
Read moreOil 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.
Read moreOil Flat as OPEC Supply Offsets Economic Gains
Oil held near $41 a barrel in New York after the biggest gain in two weeks.
Read moreOil Prices Rise Amid Recovery Signs
Oil rose the most in nearly two weeks.
Read moreCrisis Presents BP CEO With Chance to Change
The crisis is giving Looney the opportunity to accelerate the big changes needed to fulfill his vision.
Read moreOil 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.
Read moreLibya NOC Calls for Demilitarization of Oil Assets
Libya's National Oil Corporation has called for the 'demilitarization' of oil facilities.
Read moreOil 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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