Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Fall As Market Weighs Virus Impact

    WTI and Brent crude oil prices finished lower for the third straight trading day.
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  • US Oil Industry Made History in December

    API contends it's a win for US consumers.
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  • Sinking Natural Gas Prices Have Drillers Hitting the Brakes

    Gas production is showing signs of a slowdown after years of runaway growth.
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  • Anadarko Alum Joins Talos

    Talos Energy reported that Robert "Bob" Abendschein will succeed Stephen E. Heitzman.
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  • Enterprise Starts Gas Processing Service at East Texas Plant

    The facility can process 200 MMcf/d of gas and extract up to 12,000 bpd of natural gas liquids.
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  • Exxon Mulling Upstream Asset Sales in North Sea, Germany

    The two sales could fetch more than $2 billion combined.
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  • Tullow, Total Plan Sale of Stakes in Kenya Oil Fields

    The French energy giant is seeking to sell half of its 25 percent stake in the fields.
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  • Total Awards GOM North Platte Contract

    Total E&P USA has awarded Worley the FEED contract for its North Platte field development in the Gulf of Mexico.
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  • Keystone XL Takes Another Step Forward

    TC Energy Corp.'s long-delayed Keystone XL pipeline took another step forward with U.S. approval of a key stretch of construction.
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  • Focus Projects Strained McDermott Finances

    'Focus projects', namely Freeport and Cameron LNG, significantly strained McDermott's finances.
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  • Latest Norway Oil Spending Boom Probably the Last

    Western Europe's biggest oil and gas producer just witnessed its final investment boom, according to Norway's largest bank.
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  • API Names New Chairman

    Phillips 66 Chairman and CEO Greg Garland will serve as chairman of the API's board of directors for a two-year term.
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  • Alarm Over Virus Pushing Down Oil

    Oil extended declines from the lowest close in seven weeks on speculation China's coronavirus outbreak may dent demand as the market tackles a glut of global crude supplies.
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  • Oil Prices Fall Sharply

    WTI and Brent crude oil prices dropped sharply during midweek trading amid ongoing concerns about key market indicators.
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  • Oil, Gas Bankruptcy Filings Climb in 2019

    The price of oil has been stubbornly immune to sustained increases despite key geopolitical catalysts.
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  • Manufacturers Seek Broader FERC Pipeline Authority

    A trade group representing US manufacturers is urging Congress to grant FERC authority to oversee the reliability of interstate gas pipeline capacity.
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  • LNG Sector Enters Unprecedented Territory

    The LNG industry achieved six all-time highs last year, according to IHS Markit.
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  • Are US Anti-OPEC Efforts Fading?

    The current view within the White House is that OPEC's clout "is already waning and there's no pressing need for action".
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  • Kuwait to Resume Oil Output in Area Shared With Saudis

    Khafji was shut down in 2014 after a spat between the neighbors.
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  • Aramco International Listing Still on the Cards

    Saudi Aramco is still considering listing shares abroad, the kingdom's Finance Minister Mohammed Al-Jadaan said.
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