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Rigzone Industry News

The latest upstream oil and gas news from around the world.
  1. "There's a lot of support in Latin America to see Venezuela start to respect its people and go back to the democracy it's supposed to be," said UN Ambassador Nikki Haley.
  2. Drillers cut five oil rigs in the week to Sept. 22, bringing the total count down to 744.
  3. Oil rose slightly after an OPEC gathering concluded with no decision on an extension or deepening of supply cuts.
  4. Harold Hamm says the government was way too optimistic with its prediction of more than 1 million new barrels a day in US production.
  5. CEOs and boards are focusing on the wrong metrics. But if they change their ways, the opportunity could be great.