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Rigzone Recent News

The latest oil and gas news from around the world.
  1. US shale drillers may still take at least a year before moving rigs back into the field.
  2. Chevron plans to strip $1 billion of operating expenses this year in addition to slashing capital spending by almost a third.
  3. Investors weighed whether or not Russia would extend output curbs when OPEC+ meets in two weeks.
  4. Pressure for Exxon to appoint an independent chairman, separate to the CEO, has been building for years.
  5. It's another sign that demand is coming back in the world's biggest crude-importing region.
  6. Critics say Pemex's actions mirror that of the administration of President Andres Manuel Lopez Obrador.
  7. The UK Oil & Gas Authority has extended the deadline for the commencement of the GWA joint venture's commitment well on the Lincoln subarea of license P1368 to June 30, 2022.
  8. Crude oil production in Texas dropped year on year in March, according to the Railroad Commission of Texas' latest figures.
  9. Workers undertaking activities in offshore installations are exempt from new self-isolation requirements for UK arrivals.
  10. Oil declined from the highest settlement in 11 weeks on signs Russia was planning to start easing supply cuts from July.