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-
Oil Climbs to Four Month High
via rigzone.comOil climbed to a four-month high as Ukrainian drone attacks on Russian refineries heightened geopolitical risks and key Chinese economic data beat estimates. -
North America Enters Rig Loss Streak
via rigzone.comNorth America dropped rigs again week on week, according to Baker Hughes. -
USA Driving Activity to Increase to All-Time Highs
via rigzone.comThe EIA projects that driving activity will increase to all-time highs in the U.S. during 2024 and 2025. -
Oil Market Sentiment Has Improved Significantly
via rigzone.com'Brent oil prices have risen to a four-month high'. -
Oil Holds Weekly Gains
via rigzone.comCrude futures pushed through 200-day moving average and then held momentum on the week. -
Wood Mackenzie Looks at EQT-Equitrans Deal
via rigzone.comWood Mackenzie outlined that EQT Corporation's acquisition of Equitrans Midstream Corporation increases the natural gas company's 'dominant footprint in the Northeast'. -
HNRA Confirms Boost in Untapped Oil in Permian Basin Asset
via rigzone.comThe Houston-based company said that there could be potentially 34 million barrels of oil that can be accessed in the Grayburg-Jackson Field. -
Gran Tierra On Track to Meet 2024 Production Guidance
via rigzone.comThe company's drilling campaigns resulted in a six percent increase over fourth-quarter 2023 production. -
EIA Drops 2024 Henry Hub Gas Price Forecast
via rigzone.comThe U.S. Energy Information Administration cut its Henry Hub spot price forecast in its latest short term energy outlook. -
Rystad Looks at the Buzz Around White Hydrogen
via rigzone.comThe buzz around natural hydrogen, dubbed white or gold hydrogen, is gaining global momentum, Rystad Energy said. -
Crude Futures Advance on IEA Supply Warning
via rigzone.comOil Prices were bolstered Thursday by a warning from the International Energy Agency about Supply Shortages now forecasted through end of the year if OPEC+ reductions persist. -
EIA and Standard Chartered Offer Up Latest Oil Price Predictions
via rigzone.comThe U.S. Energy Information Administration and Standard Chartered revealed their latest oil price predictions this week. -
OPEC Voices Encouragement after IEA Affirms Support for Oil Security
via rigzone.comOPEC expressed encouragement by a commentary from the IEA telling the globe to ensure petroleum supply while transitioning to a clean energy future. -
Oil Prices Rise on Drawdown
via rigzone.comUkraine attack on Rosneft PJSC refinery added tailwinds to supplement the largest supply drawdown in nearly two months. -
BP and UAE's $2B Israel Gas Deal Suspended as War Rages
via rigzone.comBP and the United Arab Emirates' state oil firm suspended a $2 billion bid to buy a major stake in Israel's NewMed Energy. -
Red Sea Region Sees Another Watershed Incident
via rigzone.comDryad Global noted that the Gulf of Aden and Red Sea 'have seen another watershed incident'. -
BW Energy Starts Production at Gabon Well 5 Months After Discovery
via rigzone.comProduction performance from the well has been in line with BW Energy's expectations. -
IEA Sees Progress but Finds Methane Emissions Near Record
via rigzone.comWhile the IEA analysis highlighted progress in some places, on the whole it suggests oil, gas and coal producers and governments are falling short of promises to cut methane emissions. -
Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
via rigzone.comThe regulator warned a proposal by a government-appointed climate committee to suspend new oil and gas licenses would threaten energy security in Europe, wash out jobs in Norway and dent state revenues. -
Oil Falls on Persistent Inflation and Stalled Supply Cuts
via rigzone.comOil dipped as signs of stubborn US inflation whipsawed wider markets and OPEC said its latest supply cuts stalled. -
Surging Gasoline Prices Add Inflation Risk in USA Election Year
via rigzone.comU.S. gasoline futures have jumped sharply in recent weeks. -
SEB Commodities Chief Analyzes Oil Price Moves
via rigzone.com'Optimism for oil was tempered on Friday,' the commodities chief said. -
Rystad Says OPEC+ Production Rose Month on Month
via rigzone.comAccording to Rystad Energy data and research, crude production in OPEC+ countries increased in February. -
Oil Shows Little Change Ahead of US Inflation Data
via rigzone.comOil was little changed as traders wait to see if a week of key data inputs can break the market from its recent torpor. -
North America Drops Rigs for First Time in 2024
via rigzone.comNorth America's rig count dropped week on week for the first time in 2024, according to Baker Hughes. -
IPAA Disappointed in Biden's SOTU Address
via rigzone.com'President Biden continues to divide us,' Independent Petroleum Association of America (IPAA) President and CEO Jeff Eshelman said. -
GlobalData Says These Themes Will Dictate Oil and Gas Outlook in 2024
via rigzone.com'It is ... important for the oil and gas industry to assess the impact of these themes while charting out their growth plans,' GlobalData warned. -
Philippines Looks to US Help for Potential Energy Exploration in Tense Sea
via rigzone.comManila is counting on Washington and its allies to play a crucial role in its plans to explore energy resources in the disputed South China Sea. -
Ex-BP CEO Looney Takes $2.3MM Hit in 2023 Compensation
via rigzone.comFormer BP Chief Executive Bernard Looney took a GBP 1.8 million hit to his total compensation in 2023. -
YPF Says Fire Sale to Free Up $800MM for Shale Oil Push
via rigzone.comState-run YPF SA said its sweeping plan to divest aging oil fields will free up hundreds of millions of dollars to invest in its shale push in the heralded Vaca Muerta formation. -
Oil Settles in Tightest Weekly Range Since 2021
via rigzone.comOil eased lower as a brief outage on North America's Keystone pipeline failed to shake prices out of the tightest weekly trading range in years. -
Enbridge Closes Acquisition of 1st Dominion Gas Utility
via rigzone.comEast Ohio Gas Company will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit. -
Suncor, First Nation Partner for Potential Oil Sands Development
via rigzone.comSuncor aims to progress early stage technical and commercial feasibility assessments on a prospective oil sands lease development opportunity on Fort McKay reserve lands. -
VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
via rigzone.com'The crew abandoned the ship and coalition warships responded and are assessing the situation,' U.S. Central Command said. -
OEUK Says Windfall Tax Extension Is Disappointing Blow
via rigzone.com'The industry is being taxed on windfall profits which no longer exist', OEUK said. -
China Oil Demand Has Entered Low-Growth Phase: CNPC Leader
via rigzone.comChina's oil demand has entered a low-growth phase as decarbonization starts to eat into consumption of fossil fuels. -
Data Extracted from Flight Recorder of Crashed Helicopter
via rigzone.com'The work of analyzing the data is ongoing', the NSIA said. -
Perenco Starts Gas Production in Ravenspurn South
via rigzone.comThe deviated well 42/30-C06 as drilled and completed with the Valaris-247 rig in a water depth of 157.5 feet. -
Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
via rigzone.comRystad Energy and Skandinaviska Enskilda Banken AB (SEB) offer their views. -
China Sees Seasonal Lull in Oil Imports Due to New Year Break
via rigzone.comChina's oil imports eased in the first two months of 2024 on a seasonal lull due to the Lunar New Year break, and as private refiners held off on some purchases. -
Oil Rises on Signs of Rising US Gasoline Demand
via rigzone.comOil climbed to near its highs for the year after a US report showed signs of rising fuel demand heading into the summer driving season. -
Vessel Sinks in Red Sea After Missile Strike
via rigzone.com'The approximately 21,000 metric tons of ammonium phosphate sulfate fertilizer that the vessel was carrying presents an environmental risk in the Red Sea', U.S. Central Command said. -
Cenovus Blasts Canadian Government for Lack of Support for Carbon Capture
via rigzone.comCenovus Energy blasted the Canadian government for not providing enough financial support for the oil-sands industry's proposed $12.2 billion carbon capture system. -
Macquarie Strategists Forecast USA Crude Inventory Rise
via rigzone.comMacquarie strategists revealed that they are forecasting that U.S. crude inventories will rise for the week ending March 1. -
Gunvor Agrees to Pay $661MM Fine in Ecuador Bribery Case
via rigzone.comThe charge arises out of a scheme to bribe officials of the Ecuadorian Ministry of Hydrocarbons and Petroecuador. -
Standard Chartered Looks at International Energy Week
via rigzone.com'The fringe events have grown far beyond the scale of the eponymous official event,' Standard Chartered analysts said. -
Conrad Asia Inks MoU with PGN for Gas Development Offshore Indonesia
via rigzone.comConrad will partner with PGN in the provision of gas or LNG supply and development infrastructure for gas resources from its two Aceh PSCs.
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