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.
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  • Oil Crashes as New Covid Variant Roils Markets

    Both benchmarks tumbled on Friday with the emergence of the new variant.
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  • Top Headlines: BP Goes on Hydrogen Hiring Spree and More

    Check out some of Rigzone's top stories this week.
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  • Keppel 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.
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  • Energy 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.
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  • SPR 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.
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  • Equinor 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.
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  • UAE Says It Has No Prior Position Before OPEC+ Meeting

    The UAE remains fully committed to the OPEC+ alliance.
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  • New Type of Price War is Brewing

    A new and unchartered type of price war is brewing, according to Rystad Energy.
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  • California Gasoline Price Hits Record on Thanksgiving

    The average price for regular unleaded gasoline in California hit a new record.
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  • Oil Down After Biggest USA Supply Build in 3 Weeks

    A government report showed U.S. stockpiles increased 1.02 million barrels last week.
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  • ONGC 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).
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  • Wood 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.
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  • Aibel Scores $560 Million In Deals With Equinor

    Equinor has signed contracts with Aibel for work on four projects worth around $560 million.
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  • Anti-OPEC+ Officially Emerges

    A set of top oil-consuming countries are taking the supply-side dynamics into their own hands.
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  • Oil 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.
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  • RBC 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.
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  • Environmentalists 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.
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  • Biden Orders Release of USA Oil Reserves

    The U.S. will release 50 million barrels of crude from its strategic reserves.
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  • API, 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.
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