Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • OPEC Member Resorts to Desperate Measure

    Here's a review of stories that Rigzone's downstream readers found interesting this past week.
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  • Light Crude Ends Week Above $41

    Saudi Arabia's warning to OPEC+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June.
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  • Baker Hughes Reveals US Rig Gain

    The US rotary rig count rose this past week.
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  • Some Producers Setting Records Despite Low Drilling Levels

    Check out this review of oil market hits and misses for the week ending Sept. 18, 2020.
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  • Hedge Fund That Profited from Oil Crash Eyes Biden Win

    A hedge fund betting on the decline of fossil fuels has made a 25% gain this year after oil's historic crash sent energy stocks plummeting.
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  • Permian in for Bright Future and More

    Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
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  • Violence Creeps Toward $20B Mozambique LNG Project

    Total SE CEO Patrick Pouyanné and Mozambican president Filipe Nyusi met to discuss an intensifying Islamic State-linked insurgency.
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  • More Energy Cos Sign Up to ELC

    POWERful Women has revealed that the leaders of six energy companies have signed up to its Energy Leaders' Coalition.
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  • Wood Snags $42MM Onshore Norway Contract

    Wood executed the front-end engineering design phase last year. PHOTO SOURCE: Øyvind Sætre/Gassco
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  • Pemex Sees Plunge in Oil Exports

    Petroleos Mexicanos expects a drastic drop in oil exports over the next three years.
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  • Arctic Energy Office Reestablished

    The U.S. Department of Energy has announced the reestablishment of its Arctic Energy Office.
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  • Hundreds Join OGUK Young Pros Webinar

    Industry body Oil & Gas UK revealed that more than 200 people joined its industry insights webinar for young professionals on Thursday.
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  • Wintershall to Rely on Flexible Working

    Wintershall Dea has revealed that it will rely on flexible working even after the Covid-19 pandemic subsides.
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  • Maersk Drilling Announces Ambitious Climate Goal

    Maersk Drilling (CPH: DRLCO) announced Friday that it has set an 'ambitious' target of halving the intensity of CO2 emissions from its drilling operations by 2030.
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  • Oil Set for Best Week Since June

    Oil is poised for its biggest weekly advance since early June with Saudi Arabia ratcheting up the pressure on OPEC+ members to adhere to the group's production cuts amid signs demand is faltering.
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  • Oil Prices Get Boost from Saudi Call for Compliance

    Oil posted its largest three-day advance since May.
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  • Bakken Refiner Wins Another Court Battle

    The developer of a greenfield refinery in North Dakota has scored a victory in the state's high court.
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  • Activist Groups Threaten Arctic Drilling Backlash

    Environmental and indigenous groups are warning major energy companies of a backlash if they participate in a US government auction of Arctic refuge drilling rights.
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  • Saudi Prince Calls for End to OPEC+ Cheating

    The Saudi energy minister gave a forceful condemnation of cartel members that try to get away with pumping too much crude.
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  • Dakota Access Shutdown Unlikely Through December

    The Dakota Access oil pipeline is poised to stay in service at least through December under a new court schedule, assuming the Trump administration doesn't force a shutdown.
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