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Rigzone Industry News

The latest upstream oil and gas news from around the world.
  1. Tuesday's trading bolstered the case for the 2019 crude oil comeback story.
  2. Forces allied to Khalifa Haftar have entered the city of Sebha as part of a campaign to secure the country's lawless south and protect its oil-producing infrastructure, his spokesman says.
  3. The goal of Premier Rachel Notley's mandated production cut is to reduce the storage glut and get oil prices back to profitable levels.
  4. For OPEC, good news often comes hand-in-hand with bad news.
  5. Oil demand will grow steadily in the 2020s and peak in the late 2030s, according to Rystad Energy's current long-term outlook.
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