Where Service is Paramount!

Rigzone Industry News

1. BGN Plans Global Gas Push Ahead of New Supplies

   Energy trader BGN is set to expand its fledgling natural gas business into a global portfolio.

2. Crude Finishes Higher on Short Covering

   WTI closed above $60 as shaky Ukraine cease-fire talks kept a risk premium in the market.

3. Today's $67 Per Barrel Is Only $44 in 2008 Dollars

   Today's $67 per barrel is only $44 per barrel in 2008-dollars, SEB Chief Commodities Analyst Bjarne Schieldrop said.

4. Oil Could be Significantly Impacted by USA-VEN Tensions

   Benchmark crude oil prices could be impacted significantly by escalating military tensions between the U.S. and Venezuela, Rystad warned.

5. Crude Settles Higher Despite Saudi Price Cut

   Talks stalling on a Russia-Ukraine peace plan kept sanctions in place, giving oil futures support.