For Sale: Stalled Pipeline Project, Protesters Included
Friday May 18, 2018 - Justin Trudeau's pipeline nightmare may be only getting started.
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Oil Plunges Most in 11 Months as Saudis Hint Taps Will Open Up
Friday, May 25, 2018 Oil prices fell the most in 11 months in New York as Saudi Arabia said it expects OPEC and its partners to boost supplies.
Three Drilling Contractors Advance in Rigzone Employer Survey
Thursday, May 24, 2018 Three drilling contractors posted year-on-year gains in the ranking for that industry group in Rigzone's 2018 Ideal Employer Survey.
ExxonMobil CEO's Solution on Shares: Drill Big, Drill Better
Thursday, May 24, 2018 Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil from its share-price slump.
BLOG: Connectivity Threatens to Hinder IoT in Energy Sector
Thursday, May 24, 2018 While the energy industry pushes forward with newer technologies, there do lie some challenges.
Oil Slips Further Below $80/Bbl On Talk OPEC May Lift Output
Thursday, May 24, 2018 Oil prices fell about $1, with expectations building that reduced supplies from Venezuela and Iran could prompt OPEC to wind down output cuts.
The $100 a Barrel Oil Wager Comes Back to the Options Market
Wednesday, May 23, 2018 Talk that prices could top that barrier over the next 12 months is gaining traction.
Oil Falls On Shock US Stock Builds, OPEC Supply Worries
Wednesday, May 23, 2018 Oil benchmarks fell after an unexpected build in US crude and gasoline inventories.
Top 10 Drilling Contractors Oil, Gas Professionals Want to Work For
Tuesday, May 22, 2018 Rigzone outlines the top 10 drilling contractors oil and gas professionals want to work for, according to its latest Ideal Employer Survey.
BP To Cut 3% Of Upstream Jobs By Year-End
Tuesday, May 22, 2018 BP says it plans to cut 3% of jobs in exploration and production.
Goldman Sachs: Oil Producers Boost 2019 Hedging
Tuesday, May 22, 2018 Oil producers have picked up the pace in hedging against further production in 2019, Goldman Sachs says.
Oil Holds Near 3-Year High Amid Venezuela Sanction Concerns
Tuesday, May 22, 2018 Oil settled slightly lower after trading near the highest price in almost 3 1/2 years.
For Sale: Stalled Pipeline Project, Protesters Included
Friday, May 18, 2018 Justin Trudeau's pipeline nightmare may be only getting started.
Oil Prices Fall, Brent Notches Sixth Week Of Gains
Friday, May 18, 2018 Oil prices fell, but Brent crude marked its sixth straight week of gains.
Kemp: Rising Oil Prices Herald Next Phase In Cycle
Thursday, May 17, 2018 Oil prices are now in the top half of the cycle, with benchmark Brent trading above $80 per barrel for the first time since November 2014.
Oil Steady After Retreating From 2014 Highs On Dollar Strength
Thursday, May 17, 2018 Oil prices climbed above $80 a barrel for the first time since November 2014.
Survey Reveals Top Downstream Employers Amid Transition
Wednesday, May 16, 2018 Which downstream employers do Rigzone survey participants think are most desirable to work for?
Analysts: 'We See Prices Trading Into the $80-90 Per Barrel Range'
Wednesday, May 16, 2018 The price of Brent Crude oil will average between $80 and $90 per barrel in the 2020s, according to oil and gas analysts at BMI Research.
IEA Warns Global Oil Demand May Suffer As Crude Nears $80
Wednesday, May 16, 2018 Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the IEA says.
Canada Backstops Kinder Morgan for Trans Mountain Delays
Wednesday, May 16, 2018 Justin Trudeau's government is prepared to reimburse Kinder Morgan Canada for any financial losses incurred by 'politically motivated' delays.
Oil Reaches Highest Since Late 2014 After US Surplus Shrinks
Wednesday, May 16, 2018 Crude settled at the highest since 2014 as shrinking US oil, gasoline and diesel stockpiles signaled tightening global supplies.
Analysts: Risk of OPEC, NOPEC Output Deal Compliance Slippage Increases
Tuesday, May 15, 2018 The risk of OPEC, non-OPEC production deal compliance slippage has increased with U.S. President Trump's decision to withdraw from the Iranian nuclear accord, analysts say.
BLOG: Poor Mental Health in Oil, Gas Industry 'At All-Time High'
Tuesday, May 15, 2018 Poor mental health in the oil and gas industry is at an all-time high, says The Sober Advantage's David Steward.
Investors See Big Oil Surge, But Physical Markets Suggest Caution
Tuesday, May 15, 2018 Physical markets for oil shipments tell a different story.
CEO: LNG Canada Committed To Starting Construction On Project In 2018
Tuesday, May 15, 2018 The chief executive of the LNG Canada project on BC's northern coast says the company was committed to starting construction on the LNG export project this year.
Rigzone Survey Spotlights Midstream Workers' Top Companies
Monday, May 14, 2018 Results from Rigzone's Ideal Employer Survey reveal the top companies, according to midstream respondents.
With Glut Almost Gone, OPEC Still Cuts More Than Oil Pact Demands
Monday, May 14, 2018 A global oil glut has been virtually eliminated, figures published by OPEC show.
Oil Gains While US Crude's Discount To Brent Deepens
Monday, May 14, 2018 Oil prices rose as OPEC reported that the global oil glut has been virtually eliminated.
An Upstream Comeback with Less Splash but More Cash?
Friday, May 11, 2018 Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'
A Trump Darling, Gas Exports, Set to Gain as Iran Deal Dies
Friday, May 11, 2018 Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil surges: Natural gas exports.
Oil Prices Fall As Iran Nuclear Deal Retains Support
Friday, May 11, 2018 Crude prices fell in a see-saw session, retreating after early gains.
Rigzone's Employer Survey Reveals the Best Oil, Gas Company to Work For
Thursday, May 10, 2018 Find out which company ranked as the number one oil and gas company to work for.
Crude Holds Above $71 With Global Turmoil Seen at Bay for Now
Thursday, May 10, 2018 Oil holds on to its gains above $71.
WTI Crude Price 'Will Struggle' to Stay Above $75
Wednesday, May 09, 2018 West Texas Intermediate (WTI) crude oil prices will struggle to move sustainably above $75 per barrel this year, analysts say.
Oil Jumps as Supplies Shrink, Trump Seeks Curbs on Iranian Crude
Wednesday, May 09, 2018 Crude surges past $71 for the first time since 2014.
Hey Oil Giants: Looking to Unload Renewables? Funds Are All Ears
Wednesday, May 09, 2018 There are plenty of institutional investors ready to pounce.
Shell To Sell Stake In Canadian Natural For About $3.3B
Tuesday, May 08, 2018 Shell's Shell Gas B.V. unit will sell its entire stake in Canadian Natural Resources Ltd for $3.3 billion.
Oil Rebounds as Trump Dumps Iran Deal, Promises New Sanctions
Tuesday, May 08, 2018 Crude rebounded from earlier losses after President Trump withdrew from the Iranian nuclear accord and said new sanctions will be imposed.
Oil Faces a Month of Mayhem as Geopolitical Risks Proliferate
Monday, May 07, 2018 There are several dates coming up which could have a significant impact on global oil supply and demand.
BLOG: Four Things You Need to Know About Living Offshore
Monday, May 07, 2018 Here are a few pieces of advice for newcomers to life offshore.
Oil Surges On Venezuela-Conoco Dispute, Iran Sanction Worries
Monday, May 07, 2018 Oil prices rose for the fourth straight day to hit levels not seen since late 2014.
Oil Hits Highest Since Nov. 2014 As Iran Tensions Mount
Friday, May 04, 2018 Oil prices rose about 2% with US crude hitting its highest in more than three years.
Canadian Natural Resources To Limit Output During Transport Crunch
Thursday, May 03, 2018 Canadian Natural Resources Ltd (CNRL) says it will produce less than expected this spring.
Rystad Energy: 100 Offshore Projects to be Sanctioned in 2018
Thursday, May 03, 2018 Oil market 'tailwind' likely to spark 100 offshore project sanctions in 2018.
Oil Up On OPEC Output Cuts, Worries About Iran Sanctions
Thursday, May 03, 2018 Oil prices rose, boosted by OPEC production cuts and the potential for new US sanctions against Iran, but gains were limited
Suncor Ramps Up Megaprojects as Refining Arm Protects Prices
Wednesday, May 02, 2018 Suncor Energy is barreling ahead on the ramp-ups of the Fort Hills and Hebron oil megaprojects.
HollyFrontier Beats As Permian, Canadian Crude Drive Margin Gains
Wednesday, May 02, 2018 HollyFrontier posts a 70% rise in 1Q refining margins.
OPEC's Reason for Sticking With Cuts Rests on Shaky Ground
Wednesday, May 02, 2018 OPEC and Russia seem determined to keep on cutting production even after their campaign to rebalance world oil markets achieved its main target.
Oil Gains Slightly After Fed Sees Economy Growing At A 'Moderate Rate'
Wednesday, May 02, 2018 Oil prices strengthens slightly ahead of the settlement Wednesday.
Vancouver Gasoline Hits $4.77 a Gallon, Tops in North America
Tuesday, May 01, 2018 Vancouver sits less than 750 miles from the Canadian oil sands but it may as well be on another continent for vehicle drivers.
Encana Skirts North American Pipeline Mess to Protect Prices
Tuesday, May 01, 2018 Encana has so far avoided the pipeline bottlenecks, thanks to the company's hedging program and transportation agreements.
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