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Rigzone Industry News

The latest oil and gas news from around the world.
  1. Oil climbs as the U.S. delay sanctions against Huawei Technologies Co., offering a hint of progress in its trade war with China.
  2. Offshore drilling contractor Seadrill Limited has introduced a new technology to enhance offshore safety.
  3. Oil rose for a second day as a drone attack on a Saudi Arabian oil field revived concerns that the tense Middle East political situation may jeopardize crude exports.
  4. WTI and Brent crude oil futures concluded a volatile week of trading with modest gains Friday.
  5. After several weeks of declines, the U.S. tacked on an additional six oil rigs.