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Rigzone Industry News

1. Oil Prices Erase Recent Gains

   The WTI and Brent crude oil benchmarks on Monday largely erased the more than two-percent gains they posted at the end of last week.

2. Greenpeace Activists Climb Shell's Offshore Platform in Protest

   Greenpeace activists boarded two Shell offshore platforms in the Brent field in the U.K. North Sea to protest decommissioning plans they claim will leave "hazardous oily sludge" in the sea.

3. Oil Drops After Biggest Gain in a Month

   Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook.

4. Nigeria in Talks with Oil Majors to End $62B Dispute

   Nigeria began preliminary talks with international oil companies to settle a dispute over revenue.

5. Oil Prices Rally on Iran Tanker Attack Report

   WTI and Brent crude oil prices posted solid gains Friday following reports of more unrest in the Arabian Peninsula region.