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Vietnam Upstream Sector Outlook Brightening Share your comments
Friday, September 22, 2023Vietnam's upstream sector outlook is brightening, according to analysts at BMI, a Fitch Solutions company.

Analysts Examine USA Gas Inventory Share your comments
Friday, September 22, 2023Prospects for a 4+ trillion cubic foot end of October U.S. gas inventory level have faded, according to a new BofA Global Research report.

UK Offshore Wind Industry Risks Cancellations: Hedge Fund Chief Share your comments
Friday, September 22, 2023'The industry needs a complete reset'.

Oil Drops Slightly as Russia Bans Fuel Exports Share your comments
Thursday, September 21, 2023Oil steadied as a broad, risk-off sentiment eroded gains driven by Russia's ban on gasoline and diesel exports, further tightening an already stressed global fuel market.

USA Crude Oil Stocks Drop Share your comments
Thursday, September 21, 2023U.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 Share your comments
Thursday, September 21, 2023Rishi Sunak's decision to water down a key part of the UK's green agenda represents a gamble.

Oil Price Rally Continues Apace in September Share your comments
Thursday, September 21, 2023'Physical markets have tightened'.

Is AI Affecting the Oil and Gas Job Market? Share your comments
Thursday, September 21, 2023Rigzone 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 Share your comments
Thursday, September 21, 2023Venezuela and Trinidad and Tobago signed a profit-sharing agreement to export gas from the PDVSA-owned Dragon offshore project.

Oil Drops as Fed Signals Further Rate Hikes Share your comments
Wednesday, September 20, 2023Oil's breakneck rally is taking a breather as a smaller-than-expected drop in US crude stockpiles bolstered technical resistance to further gains.

This is the Normal Oil Price Share your comments
Wednesday, September 20, 2023'Normal in the eyes of most market participants today is $60 per barrel, but this perception is probably largely based on the recent experience of the market'.

Strategists Forecast USA Crude Inventory Drop Share your comments
Wednesday, September 20, 2023Macquarie strategists projected that U.S. crude inventories would be down for the week ending September 15.

Oil Steadies After Surging to 10 Month High Share your comments
Tuesday, September 19, 2023Oil steadied after surging to a 10-month high as broader risk-off sentiment cooled a piping hot rally driven by OPEC+ supply cuts and comments from Saudi Arabia's energy minister shying away from any change in course.

Aramco CEO Says Peak Oil Demand Wilting Under Scrutiny Share your comments
Tuesday, September 19, 2023Demand may rise to 110 million barrels per day by 2030, compared to a projection of around 125 million barrels a day that Aramco expected by then back in 2010, he said.

Brent Oil Price Highly Likely to Move Above $100 Share your comments
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'.

TGS and PGS Agree to Form $2.6B Energy Data Co Share your comments
Tuesday, September 19, 2023'It will combine the capabilities of both companies to create a geophysical powerhouse'.

Aramco, ExxonMobil Chiefs Insist Oil Needed in Energy Transition Share your comments
Tuesday, September 19, 2023Both CEOs see a transition in which oil continues to play a major role for decades to come.

Oil Extends Rally to Near 10 Month High Share your comments
Monday, September 18, 2023Brent oil closed near a 10-month high, extending a rally driven by supply curbs from OPEC+ leaders.

North America Breaks Rig Loss Streak Share your comments
Monday, September 18, 2023North America has broken a string of consecutive weekly rig losses.

EIA Bumps Up USA Diesel Price Forecast Share your comments
Monday, September 18, 2023The U.S. Energy Information Administration has raised its U.S. diesel price forecast for 2023 and 2024.

Shell, BP, Eni Accept Licenses for First Ever UK Carbon Storage Round Share your comments
Monday, September 18, 2023A total of 14 companies have been awarded 21 licenses in depleted oil and gas reservoirs and saline aquifers.

California Sues Big Oil Demanding Damages, Relief Share your comments
Monday, September 18, 2023BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Shell and the API have been sued for alleged decades of deception.

Cocaine Is Set to Overtake Oil to Become Colombia's Main Export Share your comments
Saturday, September 16, 2023Cocaine is set to become Colombia's main export, overtaking oil, according to estimates by Bloomberg Economics.

Oil Posts Third Weekly Gain as Market Tightens Share your comments
Friday, September 15, 2023Oil rose for the third straight week as the market continued to tighten on the back of production cuts from Saudi Arabia and Russia.

BLS Reveals Gasoline Role in August Consumer Price Index Share your comments
Friday, September 15, 2023'The index for gasoline was the largest contributor to the monthly all items increase'.

Will Hurricane Lee Affect USA Oil and Gas? Share your comments
Friday, September 15, 2023Analysts at Standard Chartered predict Hurricane Lee's effect on oil and gas in the United States.

VIDEO: Coast Guard Rescues Oil Tanker Crew Member Offshore Texas Share your comments
Friday, September 15, 2023'It was fortunate that our helicopter crew was flying nearby'.

Countries Emit More Methane than Reported to UN: Study Share your comments
Friday, September 15, 2023Methane releases from oil and gas operations are 30 percent higher than what countries estimate in reports to the UN.

Oil Rally Accelerates as WTI Tops $90 Share your comments
Thursday, September 14, 2023Benchmark US crude oil settled above $90 a barrel for the first time since November, the latest milestone in a surge driven by output cuts from Saudi Arabia and Russia amid record global consumption.

OPEC Chief Warns of Energy Chaos Share your comments
Thursday, September 14, 2023OPEC's top official warned against abandoning fossil fuels.

Indonesia Attracting Strong Interest from Foreign Energy Cos Share your comments
Thursday, September 14, 2023Indonesia still presents huge opportunities for development of stranded gas discoveries, according to BMI.

UK Wind Capacity Overtakes Gas for First Time: Report Share your comments
Thursday, September 14, 2023The UK's fleet of wind farms reached 29.7 GW of capacity in June.

EIA Boosts Brent and WTI Oil Price Forecasts Share your comments
Thursday, September 14, 2023The EIA increased its Brent and West Texas Intermediate spot average price forecasts for both 2023 and 2024.

Who is BP's Interim CEO? Share your comments
Thursday, September 14, 2023BP revealed this week that its Chief Financial Officer, Murray Auchincloss, will act as the company's CEO on an interim basis.

Oil Lingers Near Yearly High Amid Bullish Outlooks Share your comments
Wednesday, September 13, 2023Oil hovered near its highs of the year as the International Energy Agency added to a drumbeat of forecasts that the market will tip into a significant supply deficit in the second half of this year.

Oil Demand on Track to Grow to Near 102MM Barrels Per Day Share your comments
Wednesday, September 13, 2023'Despite its difficult economic situation, China looks on track to account for 75 percent of the increase in world oil demand this year'.

UK, Ireland Ink MOUs for Gas Supply Security, Offshore Renewables Share your comments
Wednesday, September 13, 2023Ireland and the UK agreed to boost renewables cooperation, explore further power interconnection, and enhance the security of gas supplies.

BP CEO's Sudden Fall Puts BP Strategy Back in Play Share your comments
Wednesday, September 13, 2023Looney's exit caps a tumultuous three years leading BP.

Manchin Dubs Alaska Move Embarrassing Share your comments
Wednesday, September 13, 2023'This is yet another example of this administration caving to the radical left'.

Analysts Look at Gabon Oil Situation Share your comments
Wednesday, September 13, 2023'Oil and gas companies will likely be subject of increased scrutiny'.

BP CEO Resigns amid Probe into Relationships with Colleagues Share your comments
Wednesday, September 13, 2023Bernard Looney filed his resignation with immediate effect.

Adnoc Seeks European Markets for Its Fossil Fuels Share your comments
Wednesday, September 13, 2023Adnoc wants to take advantage of the hole left by Europe's pivot from Russian fuels.

Oil Rally Intensifies Hitting Fresh Yearly High Share your comments
Tuesday, September 12, 2023Oil extended its rally to a 10-month high as production cuts by leaders of the OPEC+ cartel strain global supplies, a setup that's projected to create the tightest crude market in a decade in the months ahead.

USA Allows Release of $6 Billion in Oil Proceeds to Iran Share your comments
Tuesday, September 12, 2023'What is being pursued here is an arrangement wherein we secure the release of five wrongfully held Americans'.

Helicopter Crashes into Sea Offshore UAE Share your comments
Tuesday, September 12, 2023'The helicopter was conducting routine training operations between Al Maktoum International Airport and an offshore rig'.

Oil Edges Lower to Settle Near Yearly High Share your comments
Monday, September 11, 2023Oil steadied near its highs of the year after rallying about 10% in recent weeks, with technical indicators that suggest its gains may be overdone sapping the benefit of risk-on sentiment in broader markets.

Ukraine Says Black Sea Platforms Used by Russian Forces Captured Share your comments
Monday, September 11, 2023Ukraine's military intelligence service said its forces regained control of several drilling platforms in the Black Sea.

North America Loses More Rigs Share your comments
Monday, September 11, 2023North America continues its rig loss streak.

UK Auction Nets Record Number of Clean Energy Projects, No Offshore Wind Share your comments
Monday, September 11, 2023Ninety-five clean energy projects have won a total budget funding of $284.5 million.

BMI Reveals Latest Brent Oil Price Forecasts Share your comments
Monday, September 11, 2023'Fundamentals are finally reasserting themselves over price action'.