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Rigzone Recent News

1. Oil Climbs Amid Sign of Trade War Truce

   Oil climbs as the U.S. delay sanctions against Huawei Technologies Co., offering a hint of progress in its trade war with China.

2. South Sudan Makes New Oil Discovery in Adar

   South Sudan has made a new crude find in the northern oilfields of Adar and plans production by the end of the year.

3. Seadrill Aims for Increased Offshore Safety with New Technology

   Offshore drilling contractor Seadrill Limited has introduced a new technology to enhance offshore safety.

4. Oil Companies Push States to Criminalize Pipeline Protests

   Oil companies lobbied state legislatures to effectively outlaw demonstrations near pipelines, chemical plants and other infrastructure.

5. Oil Refiners Go from Profit Pain to Gain

   The imminent overhaul of global ship-fuel regulations is finally delivering a long-awaited benefit to Asian oil refiners.

6. Iran Warns US Against Seizing Oil Tanker

   Iran warned the U.S. against apprehending a supertanker carrying the Middle East country's oil.

7. Lundin Makes Oil Discovery Offshore Norway

   Lundin Norway AS makes an oil discovery offshore Norway.

8. Equinor Completes $1B Gulf of Mexico Deal

   Equinor completes its $965 million deal with Shell Offshore Inc to acquire an additional 22.45 percent interest in the U.S. Gulf of Mexico Caesar Tonga oil field.

9. Oil Up as Mideast Fears Stoked

   Oil rose for a second day as a drone attack on a Saudi Arabian oil field revived concerns that the tense Middle East political situation may jeopardize crude exports.

10. Oil Prices End Volatile Week on Mild Note

    WTI and Brent crude oil futures concluded a volatile week of trading with modest gains Friday.