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Norway's Top Oil Drilling Union Agrees Wage Deal, Smaller Union Undecided
Friday, May 25, 2018 The largest labour union representing workers on Norwegian offshore oil drilling rigs agrees to a new wage deal.
Repsol Sinopec Resources UK Expects to Shed 70 Jobs
Friday, May 25, 2018 Repsol Sinopec Resources UK expects to shed around 70 jobs following a consultation process covering its onshore Aberdeen-based organization.
Iran Sanctions and the Oil Market: Three 'What If' Scenarios
Friday, May 25, 2018 It's unclear whether the US will have company in re-imposing sanctions on Iran.
FAMILY AFFAIR: Cousins Continue Grandfather's Legacy in Oil Business
Friday, May 25, 2018 Third-generation oilfield workers share their family history in the business.
Baker Hughes: US Drillers Add Most Rigs In Week And Month Since Feb
Friday, May 25, 2018 US energy companies added the most oil rigs in both a week and a month since February as drillers continued to return to the well pad.
Under Pressure From Trump, Saudis Put Brakes on Oil's Rally
Friday, May 25, 2018 The world's largest oil exporter just made quite a policy swerve.
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.
Focus On: Procurement & Construction
UKCS Licensing Round 'A Great Success'
Thursday, May 24, 2018 The Oil and Gas Authority's 30th Offshore Licensing Round has been dubbed 'a great success' by Wood Mackenzie.
Report: Business Confidence Returning to UKCS
Thursday, May 24, 2018 Business confidence is returning to the UK Continental Shelf, according to an industry report released Thursday.
Russia Says It, Saudi Arabia Have Common View On Oil Deal
Thursday, May 24, 2018 Russia and Saudi Arabia have a common position on the future of the oil output cut deal, Russian Energy Minister Alexander Novak says.
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.
EU's Energy Chief Says 'Time Has Come' For New Russia, Ukraine Gas Talks
Wednesday, May 23, 2018 EU energy chief says he has reached out to Russia and Ukraine to relaunch EU-mediated talks over their gas dispute.
OGA: The UKCS is Back
Wednesday, May 23, 2018 The Oil and Gas Authority offers 123 licenses, over 229 blocks or part-blocks, to 61 companies in the 30th Offshore Licensing Round.
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.
US Senate Democrats Want Trump To Prod OPEC To Lower Oil Prices
Wednesday, May 23, 2018 US Senate Democrats urge President Donald Trump to try to prod OPEC to take steps to lower oil prices.
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.
CAPEX Among Asia's O&G Companies Set to Reach $102B in 2018
Monday, May 21, 2018 CAPEX among Asia's oil and gas companies is set to register a 37% year-on-year increase in 2018, oil and gas analysts at BMI Research confirm.
Crude Oil's Surge Is Putting the 'Petro' Back in Petrocurrencies
Monday, May 21, 2018 The currencies of some of the world's top oil producers are set to become intertwined with crude prices once again
Forget About Oil at $80. The Big Rally Is in Forward Prices
Monday, May 21, 2018 Some investors bet that the "lower for longer" price mantra is all but over.
Corvex, Icahn to Mull Bid for Oil and Gas Producer Energen
Monday, May 21, 2018 Activist hedge fund manager Keith Meister and billionaire investor Carl Icahn said they may try to buy oil and gas producer Energen Corp.
Oil Rallies to Multi-Year Highs on Venezuela Worries
Monday, May 21, 2018 U.S. crude hit its highest level since 2014 amid rising concerns that Venezuela's oil output could fall further following the country's presidential election and potential sanctions on the OPEC-member nation.
Baker Hughes: US Oil Rig Count Holds Steady After Six Weeks Of Gains
Friday, May 18, 2018 The US oil rig count held steady this week after rising for 6 weeks in a row even as crude prices soar to multi-year highs.
Saudi Arabia Assures On Supply As Oil Hits $80 A Barrel
Friday, May 18, 2018 Saudi Arabia says it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth.
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.
North Sea Worker Body Size Study Nets Award
Thursday, May 17, 2018 A study into the body sizes of UK offshore workers on board various helicopter crafts has been given the William Floyd Award for outstanding and innovative contributions to ergonomics and human factors.
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.
Mexico's Landmark Energy Reforms Are Mired In Regulatory Delays
Thursday, May 17, 2018 Oil firms that have won drilling rights during Mexico's landmark energy reforms have made little progress on developing the projects.
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.
Total Stops Iran Gas Project as Risk From Sanctions Too High
Wednesday, May 16, 2018 Total says it will not risk investing in Iran following the return of US sanctions, unless it can secure a waiver.
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.
Trump Pick For US State Department Energy Job Approved By Senate Panel
Wednesday, May 16, 2018 President Trump's nominee for the top US State Department job dealing with matters related to energy and the global oil industry was approved by a Senate committee.
UK Oil Worker Discrimination Continues
Tuesday, May 15, 2018 UK oil and gas workers still feel discriminated against when trying to find jobs outside the sector, according to a new poll.
OGIC to Generate More Than 500 Oil, Gas Jobs in Scotland Over Next 6 Years
Tuesday, May 15, 2018 More than 500 oil and gas industry jobs will be sustained or created in Scotland over the next 6 years as a direct result of OGIC's support for research and development.
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.
Statoil To Become Equinor, Dropping 'Oil' To Attract Young Talent
Tuesday, May 15, 2018 Statoil's name change is edging closer.
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.
Oil Eases In Late Trading On US Stockpile Concerns
Tuesday, May 15, 2018 Oil prices settled a shade firmer after retreating from multi-year highs hit early in the day.
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.
Total, Shell Sign Energy Development Agreements with Oman
Monday, May 14, 2018 Total and Shell sign energy development agreements with the government of Oman.
Russia's Rosneft 1Q Profit Jumps As Oil Market Starts To Rebalance
Monday, May 14, 2018 Rosneft saw its net profit rise seven-fold in the first quarter.
Statoil Expects to Implement Name Change on May 16
Monday, May 14, 2018 Statoil ASA says it expects to implement its name change to Equinor ASA from, and including, May 16.
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