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Rigzone Industry News

1. Russia's War Economy Starves Crucial Oil Industry of Manpower

   The industry is facing a shortage of manpower as the full mobilization of Russia's economy for war exacerbates a longstanding demographic crunch.

2. JP Morgan Analysts Look at Next OPEC Meeting

   J.P. Morgan analysts reveal what they expect to happen.

3. UK Oil Regulator Offers More Licenses as Part of Latest Round

   A total of 82 offers to 50 companies have now been made in the round.

4. FTC's Surprise Attack on USA Oil Icon Rattles Shale Sector

   Sheffield, Pioneer's founder and a high-profile figure in the shale industry, has been barred from joining Exxon's board, according to the agreement reached between the companies and the FTC.

5. Oil Posts Largest Weekly Drop Since February

   Oil posted its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East, while traders continued to weigh the outlook for interest-rate cuts.