US Rig Count Reaches Highest Level in Two-and-a-Half Years
Friday October 19, 2018 - The US adds four rigs this week, making this week's count the highest since March 2015.
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Oil Set for Weekly Loss
Friday, October 19, 2018 Oil is poised for a second weekly drop after a larger than expected gain in American crude stockpiles eclipsed tensions between the United States and Saudi Arabia.
Ex-Schlumberger Chief to Acquire Biggest Shale Pipe Servicer
Friday, October 19, 2018 Sentinel plans to acquire Strike LLC and take the dominant US pipeline services company public.
White House Backed Big Oil Over EPA on Finding Methane Leaks
Friday, October 19, 2018 White House officials pushed the EPA to maximize savings for the oil industry despite the agency's concern.
US Rig Count Reaches Highest Level in Two-and-a-Half Years
Friday, October 19, 2018 The US adds four rigs this week, making this week's count the highest since March 2015.
Crude Oil Down for Second Straight Week
Friday, October 19, 2018 The WTI and Brent futures prices finished the day higher Friday but ended the week lower.
Oil Trades Near Lowest Level in a Month
Thursday, October 18, 2018 Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia.
Analysts Forecast Oil Prices to 2022
Thursday, October 18, 2018 Analysts at Fitch Solutions forecast that the price of Brent Crude Oil will average $91 per barrel in 2022.
Big Oil's Hired Hands Chase Foreign Boom
Thursday, October 18, 2018 The biggest providers of oilfield services are surfing a wave of international spending on the back of higher prices.
Oceaneering Rides Recovery Wave With New ROV Technology
Thursday, October 18, 2018 Technology is increasingly becoming more important for oilfield services companies to gain an edge in what's still a recovering market.
1 MMbpd Pipeline to Link Permian to Deepwater Ports
Thursday, October 18, 2018 JupiterMLP is building a 670-mile oil pipeline linking the Permian to Texas' three deepwater ports.
Earthstone Gains Midland Basin Assets for $950MM
Thursday, October 18, 2018 Earthstone signs two deals to acquire assets in the northern Midland Basin for $950 million in cash and stock.
Warburg Pincus Is Said to Mull $3B Navitas Sale
Thursday, October 18, 2018 Buyout firm Warburg Pincus is considering a sale of natural gas pipeline and processing company Navitas Midstream Partners LLC, sources say.
Oil Prices Continue Descent
Thursday, October 18, 2018 The recent downward movement of crude oil futures continued Thursday.
Oil Steady as Data Shows Drop in Inventories
Wednesday, October 17, 2018 Oil held gains after an industry report showed an unexpected drop in American crude stockpiles.
Global LNG Demand to Outperform
Wednesday, October 17, 2018 Demand for LNG will post strong growth to 2027, outperforming the wider energy complex, according to oil and gas analysts at Fitch Solutions Macro Research.
Dramatic Decom Cost Cuts Needed
Wednesday, October 17, 2018 Oil and gas operators worldwide need to dramatically slash the costs of decommissioning wells and installations, according to a new report from the Boston Consulting Group.
Chevron Donates $500K for Hurricane Relief
Wednesday, October 17, 2018 Chevron announces a contribution of $500,000 from the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Michael.
Senator Says LNG Exports Curb Geopolitical Mischief
Wednesday, October 17, 2018 LNG exports provide dash of geopolitical benefits, says US senator.
Oil Drillers' Rocky Mountain High Threatened by Colorado Vote
Wednesday, October 17, 2018 Politically, BP is trying to straddle both sides.
Tallgrass and Silver Creek Grow Powder Basin JV
Wednesday, October 17, 2018 Midstream companies Tallgrass Energy and Silver Creek Midstream are expanding their joint venture in Wyoming's Powder River Basin.
WTI Falls Below $70
Wednesday, October 17, 2018 The midweek dip in the WTI following a US government report showing a higher-than-expected rise in crude stocks.
New Produced Water Blueprint Expected in 2019
Tuesday, October 16, 2018 An upcoming report could usher in produced water's transformation from a byproduct to a resource.
Tight Oil, Shale to Drive Majors' Output to New Highs
Tuesday, October 16, 2018 By the middle of the next decade, US unconventionals will generate up to $20 billion of annual cash flow for the Lower 48.
Natural Gas Helps Texans Save Almost $60B in 10 Years
Tuesday, October 16, 2018 A new report by the Consumer Energy Alliance finds that Texas residents saved billions of dollars, thanks to natural gas production.
Oil Rises After Industry Reports Surprise US Crude Stock Draw
Tuesday, October 16, 2018 Oil popped higher after an industry report showed an unexpected decline in US crude inventories.
Saudis Break 45-Year Taboo with Veiled Oil Threat
Monday, October 15, 2018 Riyadh makes what many read as a veiled threat to use the kingdom's oil wealth as a political weapon.
Saipem Seals Services Deals Worth $400MM
Monday, October 15, 2018 Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.
LNG Project in South Texas Advances
Monday, October 15, 2018 NextDecade has secured a draft EIS from FERC for its Rio Grande LNG project.
Technip Wins Contract for Louisiana LNG Proposal
Monday, October 15, 2018 Commonwealth LNG has signed an engineering services contract with TechnipFMC.
3Q Energy Activity Accelerates and Growth Strong, Survey Finds
Monday, October 15, 2018 Respondents to the Kansas City Fed's quarterly energy survey express an increase in drilling and business activity.
Nine Buys Magnum Oil Tools for About $500MM
Monday, October 15, 2018 Houston-based oilfield services provider Nine Energy Service is acquiring Magnum Oil Tools to enhance its completions technology.
Crude Rises as Mystery of Missing Saudi Critic Strains Alliance
Monday, October 15, 2018 Oil advanced amid growing international outrage over the disappearance of a prominent Saudi Arabian critic.
Oil Pares Weekly Loss
Friday, October 12, 2018 Oil pared a weekly loss as investor focus shifted from broader market turmoil and returned to looming shortages from Iran's dwindling exports.
How to Negotiate a Pay Rise as an Experienced Oil Pro
Friday, October 12, 2018 Rigzone talks to several experts to find out how experienced oil and gas professionals can negotiate a pay rise.
Oil Demand and Supply Close to New Peaks
Friday, October 12, 2018 Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day, according to the International Energy Agency.
Colorado House Majority Leader Says Prop 112 Unlikely to Pass
Friday, October 12, 2018 A ballot measure that could curb oil and gas development in Colorado is unlikely to pass in November.
Crude Oil Down for the Week
Friday, October 12, 2018 The price of a barrel of West Texas Intermediate (WTI) crude oil for November delivery gained 37 cents Friday, settling at $71.34.
FAMILY AFFAIR: Oil and Gas Has Driven Govia Family to Success
Thursday, October 11, 2018 There's decades of oil and gas excellence in the Govia family. Thirty-five year industry veteran Delfina Govia shares her family's experiences.
Oil Set for Worst 2-Day Drop Since July
Thursday, October 11, 2018 Oil headed for the biggest 2-day drop since July, with fuels from diesel to gasoline also declining as fears over a worsening trade war rattled markets across the board.
Trump Rerouting World's Oil Tankers
Thursday, October 11, 2018 US President Donald Trump is redirecting global oil flows.
Vista to Build Frac Sand Mine in Oklahoma
Thursday, October 11, 2018 The frac sand mine will serve SCOOP and STACK shale producers.
WTI Crude Oil Falls 3%
Thursday, October 11, 2018 The bears reigned in crude oil markets Thursday.
Oil Over $74 on Concerns Storm May Worsen Supply Risk
Wednesday, October 10, 2018 Oil traded above $74 a barrel on concerns Hurricane Michael in the US may exacerbate a supply crunch.
Wood Creates 1K New Jobs in Last Year
Wednesday, October 10, 2018 Wood's Asset Solutions Americas business created approximately 1,000 new jobs in the last year as a result of securing new midstream sector contracts across the US worth $250 million.
Oil Price to be Highly Volatile Going Forward
Wednesday, October 10, 2018 A model that has 'correctly predicted the oil price increase seen over the last months' now shows that the oil price will be 'highly volatile' going forward, according to Rystad Energy.
ConocoPhillips Strikes First Oil at New Alaska Site
Wednesday, October 10, 2018 ConocoPhillips Alaska flows its first oil at the Greater Mooses Tooth #1 in Alaska's North Slope.
Shell Hits Milestone at Pennsylvania Site
Wednesday, October 10, 2018 An April 2018 aerial view of Shell's Pennsylvania Petrochemicals Complex construction site in Beaver County, Pa.
Oil, Gas CEOs Sold on Tech Benefits, but Unprepared for Disruption
Wednesday, October 10, 2018 A new report by KPMG examines how oil and gas CEOs feel they fare in their technology efforts and what still needs work.
Oil Prices Settle Lower
Wednesday, October 10, 2018 Crude oil prices lost some of their recent upward momentum Wednesday.
Big Oil to Bury Skeptical Investors in Cash Piles
Tuesday, October 09, 2018 With oil above $80 a barrel as costs languish at an 8-year low, the industry is seeing green.
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