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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Iraq has come under pressure from Saudi Arabia after failing to meet its production curbs target.
  2. BP's CEO declared Tuesday the company would be a supermajor no more.
  3. If climate activists succeed in pulling him to the left it could cost him mainstream support.
  4. Joe Biden has threatened to rip up Keystone XL permits even as he courts blue-collar workers.
  5. Oil climbed to a five-month high in London.
  6. Fieldwood Energy has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
  7. The U.S. Senate has confirmed Mark W. Menezes to be the Deputy Secretary of Energy in a bipartisan vote of 79-16.
  8. Industry body Oil & Gas UK has launched a new forum dedicated to helping small and medium-sized businesses navigate the downturn.
  9. BP's oil and gas business will shrink dramatically, while its low carbon business will grow strongly.
  10. Oil was steady after the longest run of gains in six weeks on signs U.S. crude stockpiles extended declines.