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Rigzone Recent News

1. As Hedge Funds Bet Against Oil, Traders See Another Story

   Traders and refiners buying and selling actual barrels say it's starting to look somewhat more bullish.

2. America's Biggest Oil Port Looks to Catch the Export Wave

   The biggest US oil-import hub wants to grab a piece of surging North American crude exports.

3. While Oil Patch Bleeds, Gas Drillers Race to Unleash Wells

   Oil prices have been lousy for so long that US producers are hoarding unfinished wells rather than pumping crude out of them.

4. Oil Rises 1% After Saudi Vows To Cap Crude Exports Next Month

   Oil rose more than 1%, after leading OPEC producer Saudi Arabia pledged to cut exports.

5. EU Divided On How To Answer New US Sanctions Against Russia

   Northern EU states in particular have sought to shield the supplies of Russian gas that they rely on.

6. Russia Is Top China Oil Supplier 4th Straight Month In June, Longest Streak

   Russia was China's biggest crude oil supplier for a fourth straight month in June, its longest streak ever.

7. Greece Extends Deadline For Expressions Of Interest In Gas Grid

   HRADF says it extended the deadline for submission of expressions of interest in natural gas grid operator DESFA.

8. Glencore's LNG Global Head Gordon Waters Leaves Company

   Glencore's global head of liquefied natural gas (LNG), Gordon Waters, has left the company.

9. Saipem Seen Getting Work In Novatek's Arctic LNG 2 Project

   Saipem is likely to get a sub-contractor role in a new project to produce LNG in the Arctic by Russia's Novatek.

10. ETP's $4B Rover Line Hits Another Snag, This Time In W. Virginia

    Energy Transfer Partners LP's Rover pipeline receives more bad news.