Where Service is Paramount!

Rigzone Recent News

1. OPEC+ Losing Patience with Iraq

   Iraq has come under pressure from Saudi Arabia after failing to meet its production curbs target.

2. Supermajor Era Ends for BP

   BP's CEO declared Tuesday the company would be a supermajor no more.

3. Climate Hawks Press Biden to Take More Radical Stance

   If climate activists succeed in pulling him to the left it could cost him mainstream support.

4. Biden Faces Union Pressure over Keystone XL

   Joe Biden has threatened to rip up Keystone XL permits even as he courts blue-collar workers.

5. Brent Tops $45

   Oil climbed to a five-month high in London.

6. Gulf of Mexico Operator Files Chapter 11

   Fieldwood Energy has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.

7. Senate Confirms Deputy Energy Sec

   The U.S. Senate has confirmed Mark W. Menezes to be the Deputy Secretary of Energy in a bipartisan vote of 79-16.

8. OGUK Launches Forum to Help SMEs

   Industry body Oil & Gas UK has launched a new forum dedicated to helping small and medium-sized businesses navigate the downturn.

9. BP Oil Business Will Shrink Dramatically

   BP's oil and gas business will shrink dramatically, while its low carbon business will grow strongly.

10. Oil Steady After Longest Rally Since June

    Oil was steady after the longest run of gains in six weeks on signs U.S. crude stockpiles extended declines.