Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Falter Amid OPEC+ Meeting Rumors

    Oil slid with reports that Russia and other OPEC+ nations are considering raising production.
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  • Major Oil Trader Joins $100+ Crude Bandwagon

    Oil could top $100 a barrel in the next 12 to 18 months, according to the world's second-largest independent oil trader.
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  • Oil Slips After Hitting $75

    Oil retreated after hitting $75 a barrel in London for the first time in over two years.
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  • Exxon Prepares to Cull White Collar USA Jobs

    Exxon is preparing to cut headcount at its U.S. offices by up to 10% annually for the next 3-5 years by using its performance-evaluation system, according to people familiar with the matter.
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  • Oil Prices Surge Amid Supply Decline Expectations

    Oil jumped by the most in a month.
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  • Pros and Cons of ESG Programs in the Oil and Gas Industry

    Maintaining strong partnerships with the supply chain and local communities is key.
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  • BofA Says Oil May Hit $100 Next Year

    Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said.
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  • BSEE Releases Deepwater Asgard Incident Report

    The Bureau of Safety and Environmental Enforcement has released the results of its investigation into the Deepwater Asgard incident, which occurred on October 28, 2020.
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  • Oil Up as Iran Nuclear Talks End Without Deal

    Oil climbed near $72 a barrel after the latest talks between world powers and Iran to revive a nuclear deal ended without an agreement.
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  • OGA Extends Mediation Pilot

    The UK Oil and Gas Authority has announced that the UKCS Mediation Pilot has been extended until April 30, 2022.
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  • Oil Prices Climb for Fourth Straight Week

    Oil posted a fourth straight weekly gain.
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  • What Could an Oil Super-Cycle Mean for USA Producers?

    Here's a preview of what to watch this week in the oil and gas markets.
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  • Will Shell's Permian Assets Be Repurposed?

    Rigzone panelists look back at oil and gas market hits and misses for the week ending June 18, 2021.
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  • Shell Mulls Largest US Oil Field Sale and More

    Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
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  • USA Oil Prices Close Gap to Brent

    The U.S. oil market is reaching a crunch point.
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  • USA Hurricane Center Issues Advisories

    The U.S. National Hurricane Center is issuing advisories on Potential Tropical Cyclone Three, which is located over the southwestern Gulf of Mexico.
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  • OPEC+ Gave Oil Industry a Lifeline

    OPEC+ gave the oil industry a lifeline when it needed it most, according to OPEC Secretary General Mohammad Sanusi Barkindo.
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  • Oil Down as Traders Weigh Dollar Against Demand

    Oil fell below $71 a barrel after the biggest drop in four weeks as traders weighed prospects for a stronger dollar against rising demand.
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  • Oil Futures Lose Luster As Greenback Strengthens

    Oil slumped the most in a month.
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  • DOE Announces New Biden Administration Appointees

    The U.S. Department of Energy has announced several additional Biden-Harris administration appointees.
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