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Rigzone Recent News

The latest upstream oil and gas news from around the world.
  1. Oil prices soared more than 3%, with Brent hitting its highest in more than two years.
  2. Turkey can choose to 'close the valves' on oil exports from Iraq's Kurdish region through the Turkish port of Ceyhan, President Recep Tayyip Erdogan warned as Kurds voted.
  3. Cosmo is emerging from the revamp with its independence intact. It's now considering buying Canadian oil for the first time ever
  4. ExxonMobil says operations at the company's Baytown refinery have returned to normal.
  5. Crude oil exports from the United States will increase to meet 5 percent of global demand by 2022.
  6. Iran will persist with exporting its oil to global customers, unfettered by Donald Trump's intensifying offensive against the country, according to the Middle East nation's state-run producer.
  7. The outlook for oil prices has not changed much in recent weeks.
  8. Damages sustained by Hurricane Harvey have forced the closure of one of CB&I's facilities in Beaumont, Texas.
  9. Statoil is among producers involved in discussions with ADNOC about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.
  10. The Permian Basin of Texas and New Mexico holds 60 billion to 70 billion barrels of yet-to-be pumped crude oil, according to a study.