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Rigzone Recent 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. Ophir's board unanimously rejected the proposal, saying it's undervaluing Ophir.
  3. 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.
  4. Talks are in progress to build an underwater natural gas pipeline between Israel and Egypt, Israeli Energy Minister Yuval Steinitz says.
  5. Fitch Solutions Macro Research identifies factors driving growth in China's gasoline exports.
  6. The goal of Premier Rachel Notley's mandated production cut is to reduce the storage glut and get oil prices back to profitable levels.
  7. The oil services giant has promoted Mark Richard as president for the Western Hemisphere.
  8. For OPEC, good news often comes hand-in-hand with bad news.
  9. Fabricom Offshore Services has announced the launch of a new name and corporate identity.
  10. Oil demand will grow steadily in the 2020s and peak in the late 2030s, according to Rystad Energy's current long-term outlook.