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Rigzone Recent News

The latest oil and gas news from around the world.

  1. Light Crude Ends Week Above $41

    Saudi Arabia's warning to OPEC+ cheaters and short-sellers alike helped oil prices stage their biggest weekly rally since June.

  2. Some Producers Setting Records Despite Low Drilling Levels

    Check out this review of oil market hits and misses for the week ending Sept. 18, 2020.

  3. Hedge Fund That Profited from Oil Crash Eyes Biden Win

    A hedge fund betting on the decline of fossil fuels has made a 25% gain this year after oil's historic crash sent energy stocks plummeting.

  4. Violence Creeps Toward $20B Mozambique LNG Project

    Total SE CEO Patrick Pouyanné and Mozambican president Filipe Nyusi met to discuss an intensifying Islamic State-linked insurgency.

  5. Wood Snags $42MM Onshore Norway Contract

    Wood executed the front-end engineering design phase last year. PHOTO SOURCE: Øyvind Sætre/Gassco

  6. Pemex Sees Plunge in Oil Exports

    Petroleos Mexicanos expects a drastic drop in oil exports over the next three years.

  7. Arctic Energy Office Reestablished

    The U.S. Department of Energy has announced the reestablishment of its Arctic Energy Office.

  8. Hundreds Join OGUK Young Pros Webinar

    Industry body Oil & Gas UK revealed that more than 200 people joined its industry insights webinar for young professionals on Thursday.

  9. Wintershall to Rely on Flexible Working

    Wintershall Dea has revealed that it will rely on flexible working even after the Covid-19 pandemic subsides.

  10. Maersk Drilling Announces Ambitious Climate Goal

    Maersk Drilling (CPH: DRLCO) announced Friday that it has set an 'ambitious' target of halving the intensity of CO2 emissions from its drilling operations by 2030.
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