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Is AI Affecting the Oil and Gas Job Market?
Thursday, September 21, 2023 Rigzone speaks to representatives of Piper-Morgan Associates Personnel Consultants, OneSource Professional Search, and Kaye/Bassman's Energy Practice.
Venezuela, Trinidad Sign Gas Profit-Sharing Deal: Maduro
Thursday, September 21, 2023 Venezuela and Trinidad and Tobago signed a profit-sharing agreement to export gas from the PDVSA-owned Dragon offshore project.
Oil Price Rally Continues Apace in September
Thursday, September 21, 2023 'Physical markets have tightened'.
Carbonvert-Castex JV to Develop CCS Hub in Louisiana
Thursday, September 21, 2023 The offshore project is planned to store up to 250 million metric tons of CO2.
TotalEnergies, Adani to Form 1,050MW Renewables JV in India
Thursday, September 21, 2023 TotalEnergies has committed $300 million in equity investment to form an Indian JV with Adani targeting a renewables portfolio of 1,050 MW in capacity.
Aker Solutions Bags Contract from Shell to Service Norway Gas Facility
Thursday, September 21, 2023 Aker Solutions has been recontracted to provide brownfield modification services and maintenance support for the Nyhamna facility.
EU Sets 11.7 Percent Cut in Energy Consumption by 2030
Thursday, September 21, 2023 The EU has adopted an energy efficiency directive mandating member countries to curb energy consumption by 11.7 percent by 2030.
Costs of Equinor's Johan Castberg Project Rise by $1.2B
Thursday, September 21, 2023 Costs for the flagship Johan Castberg project have ballooned to $7.38 billion.
USA Crude Oil Stocks Drop
Thursday, September 21, 2023 U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, decreased by 2.1 million barrels, according to the EIA.
Sunak Gambles on Voters Focusing More on Costs Than Climate
Thursday, September 21, 2023 Rishi Sunak's decision to water down a key part of the UK's green agenda represents a gamble.
7 Days
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California Sues Big Oil Demanding Damages, Relief
Monday, September 18, 2023 BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Shell and the API have been sued for alleged decades of deception.
Oil Drops as Fed Signals Further Rate Hikes
Wednesday, September 20, 2023 Oil's breakneck rally is taking a breather as a smaller-than-expected drop in US crude stockpiles bolstered technical resistance to further gains.
North America Breaks Rig Loss Streak
Monday, September 18, 2023 North America has broken a string of consecutive weekly rig losses.
Who Produced the Most Natural Gas in 2022?
Wednesday, September 20, 2023 Which country produced the most natural gas last year?
Cocaine Is Set to Overtake Oil to Become Colombia's Main Export
Saturday, September 16, 2023 Cocaine is set to become Colombia's main export, overtaking oil, according to estimates by Bloomberg Economics.
Brent Oil Price Highly Likely to Move Above $100
Tuesday, September 19, 2023 'It is now less than $5 per barrel away from that level and only noise is needed to bring it above'.
EIA Bumps Up USA Diesel Price Forecast
Monday, September 18, 2023 The U.S. Energy Information Administration has raised its U.S. diesel price forecast for 2023 and 2024.
Aramco, ExxonMobil Chiefs Insist Oil Needed in Energy Transition
Tuesday, September 19, 2023 Both CEOs see a transition in which oil continues to play a major role for decades to come.
Shell, BP, Eni Accept Licenses for First Ever UK Carbon Storage Round
Monday, September 18, 2023 A total of 14 companies have been awarded 21 licenses in depleted oil and gas reservoirs and saline aquifers.
Gazprom Delivers LNG to China via Arctic Route for First Time
Monday, September 18, 2023 'This is the first time LNG produced by Gazprom was delivered via the Northern Sea Route'.
14 Days
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BMI Reveals Latest Brent Oil Price Forecasts
Monday, September 11, 2023 'Fundamentals are finally reasserting themselves over price action'.
BP CEO Resigns amid Probe into Relationships with Colleagues
Wednesday, September 13, 2023 Bernard Looney filed his resignation with immediate effect.
California Sues Big Oil Demanding Damages, Relief
Monday, September 18, 2023 BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Shell and the API have been sued for alleged decades of deception.
OPEC Chief Warns of Energy Chaos
Thursday, September 14, 2023 OPEC's top official warned against abandoning fossil fuels.
North Sea Oil and Gas Blooms
Monday, September 11, 2023 'Solid oil and gas production from the region is also providing indispensable resources to Europe'.
EIA Boosts Brent and WTI Oil Price Forecasts
Thursday, September 14, 2023 The EIA increased its Brent and West Texas Intermediate spot average price forecasts for both 2023 and 2024.
Oil Drops as Fed Signals Further Rate Hikes
Wednesday, September 20, 2023 Oil's breakneck rally is taking a breather as a smaller-than-expected drop in US crude stockpiles bolstered technical resistance to further gains.
Will Hurricane Lee Affect USA Oil and Gas?
Friday, September 15, 2023 Analysts at Standard Chartered predict Hurricane Lee's effect on oil and gas in the United States.
Precision Drilling to Acquire CWC Energy for $141MM
Sunday, September 10, 2023 With the transaction, Precision adds 62 marketed service rigs and seven marketed drilling rigs in Canada and 11 marketed drilling rigs in the USA.
Month
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Saudi Crude Oil Exports Plummet
Friday, September 01, 2023 Saudi Arabia's crude exports fell sharply in August.
What Would Happen to the Oil Price If OPEC+ Went into Max Production Mode?
Tuesday, August 29, 2023 In its latest oil market report, the IEA pegged total OPEC+ crude oil production, excluding condensates, at 42.46 million barrels per day in July.
Oil Market is Bewildered
Friday, September 08, 2023 'The latest action from Saudi Arabia, if it drives the oil price to $100 per barrel or higher, must indeed lead to political heat from the U.S.'.
Market Expert Says $100 Oil Is in Sight
Monday, September 04, 2023 Brent oil futures have already surged by almost a quarter since late June .
Big Tech Is Coming for Oil Patch Workers
Friday, September 01, 2023 'Big Tech has a lot of buying power'.
BMI Reveals Latest Brent Oil Price Forecasts
Monday, September 11, 2023 'Fundamentals are finally reasserting themselves over price action'.
For Global Oil Markets, a USA-Iran Deal Is Already Happening
Saturday, August 26, 2023 For world oil markets, a pact is already taking effect.
Saudi-Russia Move Can Only Result in One Thing
Thursday, September 07, 2023 'The decisions surprised oil markets, and prices reacted strongly and suddenly following the announcements'.
BP CEO Resigns amid Probe into Relationships with Colleagues
Wednesday, September 13, 2023 Bernard Looney filed his resignation with immediate effect.
California Sues Big Oil Demanding Damages, Relief
Monday, September 18, 2023 BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Shell and the API have been sued for alleged decades of deception.