Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Up Amid Virus Treatment News

    Oil rebounded as a new virus treatment showed promising results, but rising Covid-19 cases continued to weigh on the market.
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  • Baker Hughes Shows Mixed Rig Counts

    The number of rotary rigs operating in the U.S. decreased over the past week but increased in Canada, Baker Hughes Co. reported Friday.
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  • Oil Demand Could Get Boost from Metals Surge

    Check out this review of oil market hits and misses for the week ending July 10, 2020.
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  • $8B Pipeline Cancellation Imperils Appalachia Rebound

    To understand why the cancellation of the $8 billion Atlantic Coast Pipeline was such big news, consider America's most important natural gas-producing region.
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  • Texas Refiners Contend with Virus Rebound

    Oil refineries aren't being spared as Covid-19 sweeps through Texas.
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  • NOC Lifts Force Majeure on All Libya Exports

    The National Oil Corporation in Libya has lifted force majeure on all oil exports from the country.
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  • IEA Warns Oil Demand Recovery at Risk

    The International Energy Agency bolstered its outlook for global oil demand, but warned that the recovery could be derailed by the resurgence of coronavirus.
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  • What Happens to Oil in a 2nd Covid Wave?

    Here are some of Rigzone's top stories during the last week, just in case you missed them...
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  • Oil Drops as Virus Surge Clouds Outlook

    Oil in New York is heading for a weekly decline as surging coronavirus cases raised fresh concerns about demand.
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  • Halliburton and TechnipFMC Launch New Service

    Halliburton Company and TechnipFMC have launched the first distributed acoustic sensing solution for subsea wells, the companies outlined in a joint statement.
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  • Irving Oil Reducing Workforce

    Irving Oil will be cutting 250 of its employees.
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  • Weatherford Secures Four-year Eni Contract

    Weatherford International has signed an exclusive four-year contract with Eni for downhole casing isolation valves.
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  • Oil Prices Fall As US Layoffs Loom

    Oil tumbled to the lowest level in more than a week as a resurgence in coronavirus cases and impending US layoffs darken the economic outlook.
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  • FPSO Attack Bolsters Piracy Hotspot Reputation

    Take a look back at popular downstream-related articles on Rigzone from the past week.
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  • Angola Pledges to Fall in Line with OPEC+

    OPEC+ is another step closer to addressing the cheating that has dogged the cartel since its inception.
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  • Golar and Galileo to Boost LNG Access in Brazil

    This photo shows Galileo’s Cryobox, which produces approximately 15 metric tons (10,000 gallons) of LNG per day. PHOTO SOURCE: Golar Power and Galileo Technologies
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  • Next Dakota Access War Looms for CEO Warren

    Energy Transfer's CEO has adopted a relentlessly aggressive approach to building pipelines.
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  • $40+ Oil Quells Appetite of Some Chinese Refiners

    China's so-called teapot refiners account for approximately one-quarter of the country's crude processing capacity.
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  • Siemens Says Spinoff Best Way to Boost Share Price

    Siemens, which is seeking investor backing to spin off an energy business, must drive ahead with the planned breakup as it's the best way to refocus and boost the share price, according to its CEO.
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  • MPA Seeking New Board Members

    The Montrose Port Authority is seeking to make a number of non-executive board member appointments.
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