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Rigzone Industry News

1. BOEM Explores Potential for OCS Space Launch and Recovery

   'The Outer Continental Shelf presents a significant opportunity to support the future of America's space economy', Acting BOEM Director Matt Giacona said.

2. Venezuela Breaks Up Oil Monopoly Under New Rules

   Venezuela's interim government published long-awaited oil regulations on Thursday.

3. Strategists Expect USA-Iran Tension to be Short Lived

   Macquarie strategists said they expect the renewed tension in the Middle East between the U.S. and Iran to be 'relatively short-lived'.

4. Crypto Startup Trying to Put a Barrel of Oil on Blockchain

   A small crypto startup is trying to persuade the industry to experiment with a different kind of frontier: putting a barrel of oil on a blockchain.

5. Crude Slides on Easing Tensions

   Oil prices fell as traders bet the US-Iran conflict would remain limited.