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Rigzone Recent News

1. Saipem Awarded Services Contracts Worth Approximately $700MM

   Saipem announces that it has been awarded services contracts worth approximately $700 million.

2. Oil Edges Up on U.S. Sanctions Against Iran, but Trade Dispute Weighs

   Oil prices edged up on Tuesday.

3. Oil Gains On Easing Trade War Concerns, Sanctions On Iran

   Oil futures rose after weeks of declines.

4. AAA: US Motorists Buying Less Gasoline, Paying Less for It

   With some exceptions, motorists throughout the United States are gradually paying less for regular unleaded gasoline, the AAA reports.

5. US Offers 11 Million Barrels Of Oil For Sale From Strategic Reserve

   The DOE is offering 11 million barrels of crude for sale from the nation's SPR ahead of sanctions on Iran.

6. Some Wyoming Producers Will Be Able to Ditch Diesel Generators

   A Wyoming utility is adopting a more mobile approach to supplying electricity to oil and gas customers in the southeast corner of the state.

7. Iran Tells EU to Speed Up Efforts to Save Nuclear Deal

   Iran urged Europe to speed up efforts to salvage a 2015 nuclear deal between Tehran and major powers that US President Donald Trump abandoned in May.

8. China Sells Diesel To South Africa As Refiners Seek New Export Markets

   Sinopec is selling diesel as far afield as South Africa as China's refiners seek homes for their surplus fuel in the latest sign of troubles in the domestic refining business.

9. Brazil's Petrobras Sees No Fuel Supply Shortage After Replan Fire

   A fire at the company's largest Sao Paulo refinery is not expected to compromise fuel supplies in the short run.

10. ConocoPhillips Settles With Venezuela's PDVSA To Recover $2B

    ConocoPhillips will recover about $2 billion under a settlement with PDVSA ending a long-running dispute.