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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Oil oscillated between gains and losses as an uncertain economic outlook overshadowed signals of a tighter crude market with Iraq pledging to make extra output cuts this month.
  2. BP has gone further than any oil company but there are areas of concern.
  3. Exxon Mobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.
  4. CGG has entered into a sale and purchase agreement with Xcalibur Group for the sale of its multi-physics business.
  5. Industry body Oil & Gas UK has partnered with Skills Development Scotland to signpost support for oil and gas workers impacted by redundancy.
  6. NOPSEMA has accepted an Offshore Project Proposal from Shell Australia to develop the Crux gas field in the Browse Basin.
  7. Oil extended gains after closing near a five-month high in New York on Wednesday.
  8. 2020 president hopeful Joe Biden unveiled his clean energy plan in July.
  9. The Dakota Access oil pipeline again staved off what would have been an unprecedented shutdown.
  10. A government report showed a decline in US crude inventories yet an increase in refined product supplies.