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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Water levels on the Rhine River are forecast to drop again in the coming days.
  2. The U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) is the self-styled 'disruption wing' of the energy department.
  3. CNOOC Ltd said the first three quarters of 2026 delivered the company's highest-ever net production for the January-September period at 593.7 million barrels of oil equivalent, up 2.7 percent from the same period last year.
  4. ORLEN completed a $153.44-million expansion of the Wierzchowice Underground Gas Storage Facility, increasing the capacity of Poland's largest gas storage site to 74.2 billion cubic feet.
  5. The oil industry is bracing for Democrats to use their newfound political muscle to push for a deal with President Donald Trump and impose a windfall tax.
  6. TA'ZIZ, tasked with establishing a 'world-scale chemicals and transition fuels ecosystem' in the Ruwais Industrial City in the United Arab Emirates, finalized $1.39 billion in additional financing to support two of its projects.
  7. Aramco's CEO announced that the company is continuing to 'explore additional overseas storage capacity', as well as 'alternative export routes', in order to 'further strengthen' Aramco's global supply network.
  8. BP sold a five percent stake in Aker BP for around $1.06 billion, part of the British company's efforts to free up cash.
  9. Oil prices 'tumbled' eight percent yesterday following the U.S. midterm elections, Saxo Bank highlighted.
  10. Australia's largest natural gas producer said it would cut about 11 percent of its workforce as it targets $400 million of annual cost reductions from 2028.
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