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The latest oil and gas news from around the world.
Updated: 2 hours 6 min ago

Sanctions-Free Rosneft Affiliate Boosts Oil Exports

Mon, 02/24/2020 - 08:00
There are already signs that the latest US sanctions thrown at Venezuela are failing.

Dominion Hits Critical Point on Pipeline at Court

Mon, 02/24/2020 - 08:00
The fate of Dominion Energy's planned $8 billion Atlantic Coast Pipeline will be tested Monday.

Oil Slumps as Global Virus Spread Quickens

Mon, 02/24/2020 - 08:00
Oil slumped the most since Feb. 3 as a risk-off mood blanketed Asian markets after the global spread of the coronavirus quickened over the weekend.

Ghana FPSO Charter Goes to Yinson

Mon, 02/24/2020 - 08:00
This image illustrates FPSO and subsea infrastructure. IMAGE SOURCE: Aker Energy AS

Phillips 66 Partners Snags Liberty Pipeline Interest

Mon, 02/24/2020 - 08:00
Liberty Pipeline will provide oil transportation service from the Rockies and Bakken production areas to Cushing, Oklahoma.

Unit Corp. Names New CEO

Mon, 02/24/2020 - 08:00
Larry D. Pinkston announced his retirement from his current roles effective March 31, 2020.

Enpro Subsea Starts New Chapter

Mon, 02/24/2020 - 08:00
Pictured from left, Enpro Subsea directors Craig McDonald, Ian Donald, Steve Robb, Neil Rogerson and Tom Bryce. PHOTO SOURCE: Enpro Subsea.

NPD Gives Skogul Go-Ahead

Mon, 02/24/2020 - 08:00
The Norwegian Petroleum Directorate has granted its consent for the start-up of the Skogul field in the North Sea.

Aramco Gets Jafurah Approval

Mon, 02/24/2020 - 08:00
Saudi Aramco has announced regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province.

Kosmos Appoints New CFO

Mon, 02/24/2020 - 08:00
Kosmos Energy's current senior vice president and chief financial officer will retire in May.

Coronavirus Ripple Effect Hits Oil Exporters Large and Small

Mon, 02/24/2020 - 08:00
EIU forecasts that China's slower GDP growth will have an outsized impact on oil prices in 2020.

Why is an E&P Recovery Slow to Materialize?

Mon, 02/24/2020 - 08:00
With difficult shale economics and depressed pricing seeming to be the new normal, E&P asset valuations have cratered.

Noble Corp. Receives NYSE Notice

Mon, 02/24/2020 - 08:00
Noble has six months to bring its share price and thirty trading-day average share price above $1.00.

Teck Pulls Oil-Sands Mine Project

Mon, 02/24/2020 - 08:00
Teck Resources is pulling its application for a controversial new oil-sands mine in Alberta.

Oil Slumps as Global Virus Spread Quickens

Sun, 02/23/2020 - 08:00
Oil slumped the most since Feb. 3 as a risk-off mood blanketed Asian markets after the global spread of the coronavirus quickened over the weekend.

Oil Stumbles on Fears of Virus Intensifying Beyond China

Fri, 02/21/2020 - 08:00
China revised how it calculates infection totals again, raising questions about data reliability and confirming the virus's growing reach.

Buyer Cancels LNG Cargoes From Cheniere

Fri, 02/21/2020 - 08:00
Cancellations of US cargoes were closely watched and highly anticipated amid a grim outlook on global prices.

US Rig Count Barely Budges

Fri, 02/21/2020 - 08:00
The US rig count is up just one rig from last week to 791.

Oil Demand Growth Set for Strong 2021

Fri, 02/21/2020 - 08:00
Here are Rigzone's top stories during the last week, just in case you missed them...

Petrofac Bags Sharjah Project

Fri, 02/21/2020 - 08:00
Petrofac's EPS division has been awarded an EPCC contract by Sharjah National Oil Corporation.

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