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Preview: Rigzone.com: Industry Headlines

Rigzone.com: Industry Headlines



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



Copyright: Copyright 2017 Rigzone.com Inc. All rights reserved.
 



Oil Rises Nearly 2% On China Demand, But Weekly Losses Loom

Fri, 08 Dec 2017 00:00:00 GMT

Oil prices rose almost 2%, helped by rising Chinese crude demand and threats of a strike in Africa's largest oil exporter.



S&P Director of Analytics: Energy Sector Balanced on a Knife Edge

Fri, 08 Dec 2017 00:00:00 GMT

From the prolific shales of the Permian to the prevailing peace within OPEC, the global oil industry seems to have come to a place of balance.



US Jobs Report: Slight Increase in Oil, Gas Jobs

Fri, 08 Dec 2017 00:00:00 GMT

After a month of slight declines, oil and gas employment inches up in November.



Global Oil Sector Will Shift to Upcycle in 2018

Fri, 08 Dec 2017 00:00:00 GMT

The global oil and gas sector will shift from downcycle to upcycle in 2018, according to a new report from BMI Research.



Crude Oil Inches Back Up Amid Dearth of Negative Data Points

Thu, 07 Dec 2017 00:00:00 GMT

The bad news bears took a deep breath on a day when there was no price-rattling data to agonize over and oil inched up as a result.



BP: 2017 'Massive' Year for Global Upstream Projects

Thu, 07 Dec 2017 00:00:00 GMT

Senior leaders from BP's Global Projects Organization say the company's project performance was positive for 2017 and have high expectations for the future.



BLOG: What do Rigzone Readers Think of the OPEC/NOPEC Deal?

Thu, 07 Dec 2017 00:00:00 GMT

Was the latest OPEC/NOPEC agreement sufficient?



Texas' Austin Chalk Booms While Shale Plays Remain Mostly Dormant

Thu, 07 Dec 2017 00:00:00 GMT

New technology applications are breaking records in the Austin Chalk.



Nigerian Oil Union PENGASSAN Threatens Nationwide Strike

Thu, 07 Dec 2017 00:00:00 GMT

One of the country's 2 main oil unions threatens to stage a nationwide strike from Dec. 15 over a 'mass sacking of workers'.



Chevron Capital, Exploratory Spending to Total $18.3B in 2018

Thu, 07 Dec 2017 00:00:00 GMT

Chevron Corporation's capital and exploratory budget will be $18.3 billion in 2018, down from $19.8 billion in 2017.



Crude Drops in Face of Gasoline Hoard Traders 'Can't Hide From'

Wed, 06 Dec 2017 00:00:00 GMT

Oil had its worse day in two months.



Investigation Underway for Offshore Fatality

Wed, 06 Dec 2017 00:00:00 GMT

The BSEE and US Coast Guard are conducting an investigation into a fatality in the Gulf of Mexico.



JPMorgan Calls $60/Bbl Magic Number for New Shale Surge

Wed, 06 Dec 2017 00:00:00 GMT

For America's shale drillers, the tipping point to boost production looks to be $60 a barrel.



Executive Search in Oil and Gas, Part 2: Regional Differences & Challenges

Wed, 06 Dec 2017 00:00:00 GMT

In the final part of this two-part series, executive search professionals discuss unique challenges and the role technology will play in the future energy workforce.



Report: Offshore Oil, Gas Helicopter Expenditure to Hit $16B to 2022

Wed, 06 Dec 2017 00:00:00 GMT

Offshore oil and gas helicopter expenditure will total $16 billion over 2018-2022, according to a new report published by Westwood Global Energy Group.



Total, Sonangol in Angola Pact

Wed, 06 Dec 2017 00:00:00 GMT

Total, Sonangol sign several agreements covering both upstream and downstream activities in Angola.



Oil Climbs as OPEC Tightening Dovetails With US Supply Drop

Tue, 05 Dec 2017 00:00:00 GMT

Crude rose as lower OPEC production and signs of shrinking US oil inventories bolstered expectations for an end to the global surplus.



Official: South Sudan Owes Sudan $1.3B From 2012 Oil Deal

Tue, 05 Dec 2017 00:00:00 GMT

South Sudan still owes neighbouring Sudan $1.3 billion from a 2012 deal that ended a dispute over oil payments.



Statoil Greenlights $6B Flagship Arctic Oil Project

Tue, 05 Dec 2017 00:00:00 GMT

Statoil gave the final go-ahead to a flagship Arctic oil project after slashing costs by half.



Executive Search in Oil and Gas, Part I: Young Leaders & Diversity

Tue, 05 Dec 2017 00:00:00 GMT

In the first part of this two-part series, Rigzone speaks with executive search professionals about young leaders in the industry and diversity initiatives.