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-
Nigeria's Proposed Sale of Oft-Bombed Oil Assets Not Easy
via rigzone.comNigerian PresidentMuhammadu Buhari's government proposed a plan to jump start the economy by, among other things, selling stakes in joint-venture oil projects within the next three years. -
Trump Says He'll Restart Oil Drilling in Alaska Wildlife Refuge
via rigzone.comDonald Trump told Senate Republicans Thursday he would restart oil drilling in Alaska's Arctic National Wildlife Refuge. -
Oil Posts Biggest Weekly Gain Since April as Fuels Strengthen
via rigzone.comOil posted the largest weekly gain since April after OPEC+ clarified its plan to return some output to the market and fuel markets showed signs of strength. -
Matador to Acquire Delaware O&G, Midstream Assets for $1.9B
via rigzone.com'This acquisition also positions Matador for continued success and growth throughout 2024, 2025 and into the future as one of the top ten producers in the Delaware Basin'. -
G7 to Step Up Action on Russia Fleet, Energy, Metals
via rigzone.comG7 leaders meeting in Italy this week will pledge to tighten enforcement of their price cap on Russian oil, according to a statement seen by Bloomberg. -
Woodmac Has Been Predicting Offshore Rig Market Consolidation for a While
via rigzone.com'With little appetite from owners to add new rigs as rig demand is flattening out, we believed growth would be inorganic', Wood Mackenzie's Principal Analyst of Upstream Supply Chain said. -
Morningstar Says Oil Prices Look Weak
via rigzone.com'On a quarterly basis, oil prices look weak', Morningstar analysts said. -
Oil Steadies as Russia Plans Production Cuts
via rigzone.comOil steadied after strong gains to start the week, with US economic data signaling inflation is cooling while Russia agreed to dial back output. -
Advantage Energy to Acquire BC Assets for $327MM
via rigzone.comAdvantage outlined that the acquisition is expected to add approximately 14,100 barrels of oil equivalent per day (boepd). -
USA Crude Oil Inventories Rise 3.7MM Barrels WoW
via rigzone.comU.S. crude oil stocks, not including the SPR, stood at 459.7 million barrels on June 7. -
Should Oil and Gas Pros Use AI to Get Hired?
via rigzone.comRigzone lines up exclusive interviews with the Founder and Managing Partner of the Kaye/Bassman Energy Practice and the Founding Partner and President of Piper-Morgan Associates Personnel Consultants. -
Longtime Oil and Corn Foes Unite to Battle Biden Car Standards
via rigzone.comAdvocates of rival petroleum- and plant-based fuels are joining forces to challenge new Biden administration pollution limits. -
USA EIA Lowers 2024 Brent Oil Price Forecast
via rigzone.comThe U.S. Energy Information Administration lowered its 2024 Brent spot price forecast in its latest short term energy outlook. -
IEA Sees Major Oil Surplus This Decade
via rigzone.comThe IEA forecast a surplus petroleum production of up to eight MMbpd by 2030 as cleaner transport and electricity generation drive a decline in demand while non-OPEC countries continue to grow output capacity. -
Oil Settles Higher Amid Cooling US Inflation
via rigzone.comOil rose as risk-on sentiment spurred by cooling US inflation overshadowed an unexpected increase in the country's crude stockpiles. -
European Gas Rises After Uniper Breaks Ties With Gazprom
via rigzone.comEuropean natural gas prices jumped after Germany's Uniper SE was awarded more than €13 billion ($14 billion) in damages for unsupplied volumes from Gazprom PJSC. -
BMI Says Indonesia Upstream Poised to Grow Strongly
via rigzone.com'There are a number of key gas projects in the pipeline', analysts at BMI said. -
Zama Oil Field Partners Select French Firm for FEED
via rigzone.comThe FEED work will be based on the scope of the Unit Development Plan approved by the Mexican Hydrocarbon Commission (CNH) last year. -
Dryad Says Maduro Intensifies Threats to Annex Oil-Rich Portion of Guyana
via rigzone.com'The USS George Washington is currently conducting joint training exercises with Guyana and other South American nations', Dryad highlighted. -
Macquarie Strategists Forecast USA Crude Stock Rise
via rigzone.comMacquarie strategists are forecasting that U.S. crude inventories will be up for the week ending June 7. -
Two Russian Oil Tankers Critical to Sakhalin Fail to Move Cargo
via rigzone.comTwo shuttle tankers used to haul crude from Russia's Sakhalin-2 project have failed to move cargoes since April. -
Oil Steadies as Traders Await Fed Interest Rate Decision
via rigzone.comOil prices steadied as traders await Wednesday's interest-rate decision from the Federal Reserve to gauge the economy's strength and the trajectory of oil demand. -
California Amends Suit vs Big Oil to Target Their Profits
via rigzone.comThe state of California filed an amended complaint against oil and gas majors seeking so-called disgorgement of profits earned during purported decades of climate deception. -
EIR Says Timing of Diamond Deal Reflects Noble Bullishness
via rigzone.comThe timing of the Noble Corporation-Diamond Offshore Drilling deal likely reflects bullishness for Noble about offshore activity levels globally, EIR told Rigzone. -
Wintershall Dea, Partners Start Drilling in Argentina's Fenix Field
via rigzone.comThree development wells are planned to be drilled, completed and put into production over the next months. -
Europe in Talks to Keep Russia-Ukraine Gas Pipeline Flowing
via rigzone.comEuropean officials are in talks to keep gas flowing through a key Russia-Ukraine pipeline. -
Industry Body Issues Message for UK Politicians
via rigzone.com'We expect economic growth, jobs, and energy to be at the heart of all the major parties' plans', OEUK CEO David Whitehouse said. -
Woodside Starts Production in Senegal's First Offshore Oil Development
via rigzone.comThe first phase of development involves production of up to 100,000 bpd. -
Petrobras, Curtiss-Wright Collaborate on New Subsea Pumping System
via rigzone.comPetrobras joined forces with Curtiss-Wright to develop a fully electric, highly reliable subsea pumping system with far less dependency on the production platform. -
Climate Activists Arrested at Citi's NYC Headquarters
via rigzone.comScores of climate activists gathered outside Citigroup Inc.'s headquarters in downtown Manhattan on Monday.
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