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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Eni committed $70 million in equity investment to Nouveau Monde Graphite and plans to place an order of 15,000 tpa of graphite concentrate from phase 2 of NMG's Matawinie Mine project in Canada.
  2. State-owned Petrobras will assume full ownership by acquiring Malaysian counterpart Petronas' 50 percent stakes for $450 million.
  3. OMV's executive board proposed Emma Delaney, outgoing customers and products executive vice president at BP, as replacement for Alfred Stern and the Austrian state-backed energy company's first female CEO.
  4. The Gulf country's Energy and Minerals Ministry opened bidding applications for five new oil and gas concession areas.
  5. The negotiations collapsed because of differences over the nuclear issue, Trump said.
  6. Europe faces a systemic jet-fuel shortage in three weeks' time if the Strait of Hormuz remains restricted until then, a regional airport trade association warned.
  7. Saudi Arabia's oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter through.
  8. Crude markets remain volatile with supply risks and geopolitical tensions unresolved.
  9. The US and Iran prepared for direct talks in Pakistan with the Strait of Hormuz still effectively shut and Israel and Hezbollah exchanging fire.
  10. The Chevron-led consortium secured commitment from relevant parties to execute a term sheet and a host government agreement to enable the piped export to Egypt of 100 percent of production from the Aphrodite field.
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