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Preview: Rigzone.com: Industry Headlines

Rigzone.com: Industry Headlines



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



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Oil Drops More Than 1% On Profit Taking After 4 Days Of Gains

Thu, 19 Oct 2017 00:00:00 GMT

Oil prices fell more than 1%, breaking four days of gains.



BLOG: What You Didn't Know about Millennials in the Workplace

Thu, 19 Oct 2017 00:00:00 GMT

A new study by Deloitte paints a very different millennial worker than we've been conditioned to believe.



World's Biggest Oil Traders See Wildly Diverging Crude Price

Thu, 19 Oct 2017 00:00:00 GMT

The world's biggest oil traders say crude could rise above $60 a barrel in a year as demand grows and OPEC keeps cutting.



Mexico Expects To Hold A Third Oil And Gas Auction In 2018

Thu, 19 Oct 2017 00:00:00 GMT

Mexico's oil regulator will likely add another oil auction featuring conventional onshore oil and gas blocks, a senior official says.



Forget Peak Demand, Norway's Oil Chief Wants More Crude to Pump

Thu, 19 Oct 2017 00:00:00 GMT

The renewable energy revolution doesn't scare the man overseeing western Europe's biggest crude oil spigot.



Oil Pares Gains Into Settlement; US Fuel Stockpiles Rise

Wed, 18 Oct 2017 00:00:00 GMT

Oil prices settled slightly higher on Wednesday, with Brent touching three-week highs.



Oil's Biggest Rigs Headed to Junkyard as Daily Losses Mount

Wed, 18 Oct 2017 00:00:00 GMT

Transocean's recent move signals just how bleak the future looks for deepwater drilling.



Republican Tactic Aims to Open Eastern Gulf, Arctic to Oil Rigs

Wed, 18 Oct 2017 00:00:00 GMT

Congressional Republicans have found a way to use the federal budget to open the Arctic National Wildlife Refuge to oil drilling.



Total CEO: US Shale Oil Industry To See Wave Of Investment

Wed, 18 Oct 2017 00:00:00 GMT

The US shale industry will see another production surge in 2018 as producers have sharply ramped up bets against a fall in oil prices, major oil executives and bankers say.



Financial, Security Woes Put Libyan Oil Recovery On Shaky Ground

Wed, 18 Oct 2017 00:00:00 GMT

Libya's oil production revival is being undermined by the same financial, economic and security problems that threaten the promise of stability.



Oil Near $52 After Industry Data Shows Crude Stockpile Draw

Tue, 17 Oct 2017 00:00:00 GMT

Oil was little changed after an industry report was said to show US crude stockpiles fell, while supplies of products gained.



Shell Shale Leader Discusses the 'Non-Moonshot'

Tue, 17 Oct 2017 00:00:00 GMT

Collaboration, repurposing tech will help company to achieve 'shale field of the future,' says exec.



Total's CEO Says Will Try To Move Ahead With Iran Gas Project

Tue, 17 Oct 2017 00:00:00 GMT

Total will try to push ahead with its Iran gas project if the United States decides to impose unilateral sanctions on Teheran.



Goldman Sees Geopolitics Haunting Oil Again With Unclear Effects

Tue, 17 Oct 2017 00:00:00 GMT

The oil market is grappling with intensifying geopolitical risks.



Oil Rises 1% As Iraq Fighting Shuts Output In Kirkuk

Mon, 16 Oct 2017 00:00:00 GMT

Crude prices rises 1% as Iraqi forces entered the oil-rich city of Kirkuk.



Algeria Sees Energy Law Amendment By End Of 2018

Mon, 16 Oct 2017 00:00:00 GMT

Algeria aims to amend its energy law in 2018 as it plans to improve contract terms to attract needed foreign investment, authorities say.



UK North Sea Oil Faces Quickening Decline If No Brexit Deal

Mon, 16 Oct 2017 00:00:00 GMT

The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union.



One Person Still Missing Following Natgas Platform Explosion in Louisiana

Mon, 16 Oct 2017 00:00:00 GMT

Local authorities are performing a search and rescue for one person still unaccounted for after a natural gas platform explosion on Lake Pontchartrain.



Oil Rises to Two-Week High Amid Optimism on Re-Balancing Process

Fri, 13 Oct 2017 00:00:00 GMT

Might the global crude oil glut be eroding?



Trump Disavows Iran Deal: What's at Stake for Oil Markets

Fri, 13 Oct 2017 00:00:00 GMT

Iran, already struggling to attract investors to its energy industry, may find things tougher still as Trump refuses to certify the nuclear deal.