Latest News Headlines

    Rigzone.com: Latest News Headlines

    The latest oil and gas news from around the world.

  • Oil Futures Curve Signals Tighter Market

    The oil futures curve, an important gauge of trader bullishness, has strengthened to levels last seen in the early days of the pandemic.
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  • Total Awards Suriname Drilling Contract

    Maersk Drilling anticipates a firm total of $100 million from the two-rig contract. PHOTO SOURCE: Maersk Drilling
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  • Phillips 66 Quadruples Capacity at Texas NGL Hub

    Phillips 66's Sweeny Hub, above, now boasts 400,000 bpd of NGL fractionation capacity. PHOTO SOURCE: BusinessWire
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  • Odfjell Drilling Signs Equinor Contracts for At Least 27 Wells

    Odfjell Drilling has signed final rig contracts for a pair of previously announced Equinor drilling campaigns.
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  • Neptune Appoints New Egypt MD

    Neptune Energy announced Tuesday that Mohamed Mounes Shahat will join the company in December as its new Egypt Managing Director, based in Cairo.
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  • TXRRC Commissioner Becomes IOGCC Vice Chairman

    Texas Railroad Commissioner Wayne Christian has been selected to be the Vice Chairman of the Interstate Oil and Gas Compact Commission.
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  • Noble Shares Reorganization Update

    Noble Holding Corporation plc (OTC-PINK: NEBLQ) announced Monday that the United States Bankruptcy Court for the Southern District of Texas has issued an order approving the company's joint plan of reorganization.
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  • Aramco Says No One Hurt in Blast

    Saudi Aramco needed about 40 minutes to put out the fire caused by a missile strike on a fuel depot in the Red Sea city of Jeddah.
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  • Oil Prices Start Week on a Positive Note

    Oil prices started the week on a positive note, capitalizing on recent Covid-19 vaccine news.
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  • Oil Highest Since March on Vaccine and Biden News

    Oil traded at its highest level since March as markets broadly rallied on the start of the U.S. presidential transition process and with the demand outlook strengthening after a string of positive vaccine breakthroughs.
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  • WTI Settles Above $43 a Barrel

    Global oil prices hit the highest level since March.
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  • GE Makes Deal for Vietnam LNG Project

    General Electric Co. and a Vietnamese company signed a memorandum of understanding to develop an LNG power plant near Ho Chi Minh City.
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  • Abu Dhabi Okays $122B Oil and Gas Spending Plan

    The UAE is boosting investment to make good on pledges to increase output capacity, even as it struggles against OPEC+ restrictions on supply.
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  • Seadrill Wins GOM Contracts

    Seadrill Ltd has added approximately $52 million of backlog following the end of the third quarter of 2020.
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  • Oilfield Services Players Seek Electric Fracturing Supremacy

    Rigzone prognosticators identify trends to watch this week in the oil and gas markets.
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  • AqualisBraemar to Buy LOC Group

    AqualisBraemar ASA revealed Monday that it has entered into an agreement to acquire 100 percent of the shares in LOC Group.
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  • Aker Bags Equinor Deal

    Aker Solutions has won a framework agreement with Equinor (NYSE: EQNR) to provide maintenance and modifications services at the Peregrino field, offshore Brazil.
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  • China to Take US Oil Refining Crown

    America has been top of the refining pack since the start of the oil age in the mid-nineteenth century, but China will dethrone the U.S. as early as next year, according to the International Energy Agency.
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  • Wintershall Dea Sets Net Zero Target

    Wintershall Dea aims to achieve net zero emissions on its upstream activities by 2030.
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  • Oil Up on US Vaccination Optimism

    Oil pushed higher after closing at the strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook.
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