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Preview: Rigzone.com: Latest News Headlines

Rigzone.com: Latest News Headlines



The latest upstream oil and gas news from around the world.



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Oil Hovers Below 2-Year Highs With Focus On US Output

Fri, 15 Dec 2017 00:00:00 GMT

Oil prices were mixed, lingering below two-year highs.



Oil Deal May Win Back Sudan Some Influence Over Former Enemy

Fri, 15 Dec 2017 00:00:00 GMT

Sudan lost three-quarters of its oil reserves when the south seceded in 2011. A four-year civil war in Africa's youngest nation may be letting it reassert control.



New Africa Gas Comes at Right Time for Europe in Supply Woes

Fri, 15 Dec 2017 00:00:00 GMT

The extra output couldn't come at a better time for Cameroon.



Asian LNG Spot Prices Jump After European Gas Outages

Fri, 15 Dec 2017 00:00:00 GMT

Asian liquefied natural gas spot prices jumped this week.



Gas Bulls Can't Bank on Electric Cars for Big US Demand Boost

Fri, 15 Dec 2017 00:00:00 GMT

The era of electric vehicles could be a boon for US natural gas bulls - but not a windfall.



Paralysis At PDVSA: Venezuela's Oil Purge Cripples Company

Fri, 15 Dec 2017 00:00:00 GMT

An alleged crackdown on graft in Venezuela has sown panic across the country's energy industry and all but paralyzed PDVSA.



BP Returns To Solar With Investment In Lightsource

Fri, 15 Dec 2017 00:00:00 GMT

BP is getting back into solar power six years after its first foray with a $200 million investment in solar generator Lightsource



What Goes Up Must Come Down: the Challenge of Rig Decommissioning

Fri, 15 Dec 2017 00:00:00 GMT

Decommissioning oil rigs is quickly becoming a major financial and logistical problem for virtually every oil company.



Survey Projects Shortage of Skilled, Competent Contract Workers for 2018

Fri, 15 Dec 2017 00:00:00 GMT

What's driving demand for more outsourced work in oil and gas?



CEO: Brazil's Petrobras To Announce Revised Capex Plan Next Week

Fri, 15 Dec 2017 00:00:00 GMT

Petrobras will announce a revision to its investment plan by Wednesday or Thursday.



UK Forties Oil Cargoes Delayed For Weeks By Pipeline Shutdown

Fri, 15 Dec 2017 00:00:00 GMT

The loading dates of Forties crude cargoes, which help set the global Brent benchmark, have been delayed by at least two weeks



Venezuela's PDVSA Begins Making Delayed Bond Interest Payments

Fri, 15 Dec 2017 00:00:00 GMT

Venezuelan state oil company PDVSA begins the process of making interest payments on four of its bonds.



Transneft Says Its Computers Were Used For Mining Cryptocurrency

Fri, 15 Dec 2017 00:00:00 GMT

Computers at Transneft have been used for the unauthorised manufacture, or 'mining', of the cryptocurrency Monero, a vice-president of the Russian pipeline operator said.



SDX: KSR-15 Well Placed on Production

Fri, 15 Dec 2017 00:00:00 GMT

North Africa focused oil and gas company, SDX Energy Inc, announces that the KSR-15 well on the Sebou permit in Morocco has been placed on production.



EIC Appoints New Board Members

Fri, 15 Dec 2017 00:00:00 GMT

The Energy Industries Council (EIC), a trade association for companies that supply goods and services to energy industries worldwide, has announced the appointment of 2 new board members.



Aker BP Submits $1.8B Field Development Plans

Fri, 15 Dec 2017 00:00:00 GMT

Aker BP ASA has submitted development plans for the AErfugl (formerly Snadd), Valhall Flank West and Skogul (formerly Storklakken) fields to the Norwegian Ministry of Petroleum and Energy.



UKCS Operating Costs Drop

Fri, 15 Dec 2017 00:00:00 GMT

Operating costs in the UK Continental Shelf (UKCS) dropped by 14% in 2016, with operators securing reductions of approximately $1.5 billion.



Cuba Takes Over Venezuela Stake In Refinery Joint Venture

Thu, 14 Dec 2017 00:00:00 GMT

Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media says.



Trade Data: India's Nov Iran Oil Imports Skid To Lowest Since Feb 2016

Thu, 14 Dec 2017 00:00:00 GMT

India's refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data shows.



Exxon, Petrobras Form Alliance To Develop Oil, Gas Projects

Thu, 14 Dec 2017 00:00:00 GMT

ExxonMobil and Petrobras form an alliance to develop energy projects around the world.