Oil Industry Headlines

    Rigzone.com: Industry Headlines

    The latest oil and gas news from around the world.

  • 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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  • 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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  • Light Crude Ends Week Above $42

    Oil rose to the highest in nearly three months.
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  • OGUK Explores Decom in a Low Carbon Future

    Industry body Oil & Gas UK is exploring decommissioning in a low carbon future in its first virtual conference on November 24-25.
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  • Aramco Awards Major Deals 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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  • Halliburton to Set Emission Reduction Targets

    Halliburton Company (NYSE: HAL) announced Thursday its commitment to set science-based targets to reduce greenhouse gas emissions.
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  • Oil Set for Weekly Gain on Vaccine Optimism

    Oil is poised for a third weekly gain in New York as positive Covid-19 vaccine developments outweighed concerns about more restrictions stemming from a global surge in infections.
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  • Oil Prices Decline As Virus Restrictions Mount

    Oil edged lower with growing virus restrictions and signs the labor-market recovery may be slowing in the US.
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  • Petronas Calls for Stronger ET Collaboration

    Petronas has called for a stronger collaboration among ASEAN governments, energy players and the public and private sectors.
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  • Eni Tops Corporate Human Rights Benchmark

    Eni (NYSE: E) has been ranked joint first in the World Benchmarking Alliance's Corporate Human Rights Benchmark (CHRB).
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  • Covid Downturn Slashes Oz Oil Workforce

    The Covid-19 pandemic has caused a loss of over 28,000 oil and gas jobs in Australia this year.
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  • UAE Escalates OPEC Dispute

    The United Arab Emirates ratcheted up tension with oil allies in OPEC+, with officials privately questioning the benefits of being in the producers' alliance.
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  • Oil Steady Amid Virus Measures and OPEC+ Dispute

    Oil was steady near a two-month high as investors weighed tighter U.S. restrictions to curb the virus spread and emerging cracks in the united front put up by OPEC+ as it struggles to manage the market.
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  • Oil Prices Gain Amid News of Vaccine Progress

    Oil rose to its highest since early September.
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  • OPEC Revises 2020 Oil Demand Forecast

    OPEC has lowered its 2020 oil demand forecast to -9.8 million barrels per day.
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  • Oil Up as Stockpile Gain Offset by Stronger Asia Demand

    Oil rose toward $42 a barrel in New York as signs of a robust demand recovery in Asia offset a jump in U.S. crude stockpiles.
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  • Independent Consolidation to Accelerate

    Consolidation among oil and gas independents will accelerate in the face of the energy transition, according to Wood Mackenzie.
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