Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Prices Finish Week Higher Amid Summer Demand Optimism

    Oil futures edged upward Friday and posted a gain for the week.
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  • Biden Cabinet Member Issues Clean Energy Warning

    Check out some of last week's most-viewed downstream-related Rigzone articles.
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  • Baker Hughes USA and Canada Rig Counts Increase

    Baker Hughes reported increases in the number of rotary drilling rigs operating in the United States and Canada.
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  • Oil and Gas Industry Success Fuels Energy Transition

    Rigzone reviews some oil and gas market hits and misses for the week ending May 7, 2021.
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  • Petronas Galeri Ceases Operations

    Petronas has announced that Galeri Petronas has ceased to operate as a public gallery following a realignment of its operating model to adapt to the changes brought about by the Covid-19 pandemic.
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  • Rig Sinks 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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  • Chevron Awards GOM Services Contract

    Worley will establish a subsea tieback development scheme for the Ballymore field.
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  • Petchems Firms Report Best Profits in Years

    The cost of building blocks for everything from plastics to paint has surged over the past year.
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  • Big Oil Braces for Climate Votes

    As Europe's oil majors prepare to host their annual shareholder meetings, one topic is garnering almost all the attention.
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  • Oil Heads for Back to Back Weekly Gain

    Oil headed for a second straight weekly advance as investors bet on rising energy demand amid a broader rally in commodities.
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  • Applications Open for North Sea Greenhand Program

    Recruitment company Atlas Professionals is now accepting applications for its Greenhand Program.
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  • Analysts Raise 2021 Oil Price Forecast

    Analysts at Fitch Solutions Country Risk & Industry Research have raised their average Brent oil price forecast for 2021.
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  • Velesto Provides Update on Sunken Rig

    Velesto Energy Berhad has provided an update on the Velesto Naga 7 rig, which was revealed to have submerged on May 4.
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  • Oil Prices Decline Amid Uneven Recovery Signs

    Oil declined amid the coronavirus crisis in India and a slowing demand rebound in the USA.
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  • BHP Caribbean Project Starts Production

    The shallow-water project is located within the Greater Angostura Field.
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  • Marathon Drops Aircraft Leases and Boosts Debt Focus

    Marathon Oil Corp. is giving up its corporate aircraft as the shale driller escalates cost cuts.
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  • Gulf Coast LNG Players Pursue Risky Carbon Capture Route

    They are seeking to burnish their green credentials via a costly and largely untested technology.
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  • $2.9B Deal to Expand Marcellus Presence for EQT

    EQT's CEO said the deal marks "an attractive entry into the Northeast Marcellus."
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  • Seadrill Wins Contract to Support Pioneering GOM Project

    Talos Energy has contracted a Seadrill drillship for the Tornado Attic well in the deepwater Gulf of Mexico.
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  • Oil Slides Amid Uneven Consumption Recovery

    Oil slipped below $69 a barrel as traders assessed an uneven recovery in global demand.
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