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Rigzone Recent News

The latest oil and gas news from around the world.
  1. An exciting week for WTI and Brent crude oil future has come to an end.
  2. The U.S. lost a net total of 18 oil and gas rigs this week.
  3. Buckeye Partners reported that it has resumed full operations at its Buckeye Bahamas Hub.
  4. Oil producers drilling so-called parent-child wells in the Permian Basin are risking the loss of 15% to 20% of the crude that can ultimately be recovered from those wells by spacing them too close together.
  5. Enterprise Products Partners will expand and extend its Acadian natural gas pipeline system linking the Haynesville Shale to the LNG market in South Louisiana.
  6. McDermott is considering selling all or part of its Lummus Technology business.
  7. Saudi Aramco revealed damage caused by an aerial strike on its Khurais oil field last weekend.
  8. The oil and gas market is expected to continue to be volatile in the second half of 2019, Petronas notes.
  9. The remnants of Tropical Storm Imelda lashed Houston and coastal Texas, inundating homes, paralyzing travelers, disrupting oil supplies and threatening hospitals and refineries.
  10. The risk of further high-impact attacks against Saudi energy infrastructure is high, according to Verisk Maplecroft.