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-
Oil Rises Amid Risk On Sentiment in Global Markets
via rigzone.comOil rose to the highest in more than a month as risk-on sentiment bolsters broader global markets. -
Oil Unmoved by Large Stockpile Build
via rigzone.comEnergy Information Administration indicated that crude stockpiles rose the highest level in over three years. -
Karoon Restarts Bauna After Maintenance Shutdown
via rigzone.comKaroon expects Bauna production for the quarter to be between 1.3 million and 1.4 million barrels of oil. -
Mitsui Completes Acquisition of Unconventional Gas Asset in Texas
via rigzone.comMEPUSA will drill wells to evaluate well performance and develop and operate the asset aiming for full-scale development after 2026. -
Greenpeace, ReCommon Asked for Suspension of Proceedings vs Eni: Company
via rigzone.comEni said the plaintiffs in the climate suit in Rome are seeking to delay legal proceedings, after the judge set the decision for September. -
Crude Futures Dipped on Stronger Dollar
via rigzone.comStrength in the dollar overcame rising geopolitical risks Tuesday. -
ORLEN to Acquire Stake in North Sea's Atlantis Field
via rigzone.comORLEN Group is looking to maintain long-term stability and high volumes of its gas production in Norway. -
Covestro Enters Formal Talks on Takeover Offer by ADNOC
via rigzone.comCovestro entered concrete negotiations with suitor ADNOC on a potential takeover that could value the German chemical company at about $12.5 billion. -
Oil Climbed on Geopolitical Risks and Weaker Dollar
via rigzone.comRussian warning of consequences against USA following a Ukrainian missile strike in Crimea supported crude prices Monday. -
Masdar to Acquire Greek RE Firm Terna Energy
via rigzone.com'The transaction and subsequent offer values TERNA ENERGY's total equity at 2.4bn euros with an enterprise value of 3.2bn euros, making it the largest ever energy transaction on the Athens Stock Exchange'. -
UK Banks No Longer Finance Nation's Small Oil and Gas Producers
via rigzone.com'The future of the North Sea is now dependent upon the US banks or Norwegian banks and not on the UK banks'. -
Embattled Oil Tycoon OK Lim Seeks $32MM Mansion Sale
via rigzone.comA disgraced Singapore oil tycoon is seeking to sell another of his mansions. -
Oil Falls After Week of Rallies
via rigzone.comOil fell after futures crossed into overbought territory, though crude still notched a weekly gain amid shrinking US stockpiles and signs of rising fuel demand. -
Energean to Sell Assets in Egypt, Italy, Croatia
via rigzone.comThe completion of the transaction is expected by the end of the year, subject to customary regulatory and antitrust approvals. -
EIA Increases 2024 USA Crude Oil Production Forecast
via rigzone.comIn its latest short term energy outlook, the U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2024. -
Labour Party Plans Negative for North Sea Producers, Moody's Analysts Say
via rigzone.com'Labour's manifesto ... includes changes to tax allowances, an end to new exploration, and an increase and extension to the existing energy profit levy', the analysts said. -
Norway Gas Production Maintains YoY Growth
via rigzone.comNorway's gas output averaged 11.4 Bcfpd last month, maintaining a consistent year-on-year growth in monthly production in 2024. -
Oil Drilling Suffers Blow in Climate Ruling at Top UK Court
via rigzone.comBritain's top court delivered a blow to UK oil drilling. -
Oil Rises as US Stockpile Drop Continues
via rigzone.comOil rose as a drawdown in US crude inventories extended a rally that has been supported by a hot streak for equity markets. -
July Fourth Travel Seen Hitting Record in Boost for Oil Bulls
via rigzone.comA record of almost 71 million Americans are expected to travel over the Independence Day holiday period early next month. -
Standard Chartered Analysts Think Oil Could Make Rapid Move Towards $90
via rigzone.comStandard Chartered analysts noted that oil prices 'have continued their post-OPEC+ recovery'. -
JAPEX Buys Out JV Partner for Full Ownership of Longboat JAPEX Norge
via rigzone.comJAPEX will pay $2.5 million for the 50.1 percent stake of Longboat in LJN. -
Could European Oil Majors Relocate to the USA?
via rigzone.comRigzone conducts exclusive interviews with several analysts in an effort to better understand the likelihood of such a scenario, as well the benefits. -
North America Rig Gain Continues
via rigzone.comNorth America added 13 rigs week on week, according to Baker Hughes' latest rotary rig count. -
USA EIA Drops WTI Price for 2024
via rigzone.comThe U.S. Energy Information Administration lowered its West Texas Intermediate oil price forecast in its latest short term energy outlook. -
Vessels Struck in Red Sea Region
via rigzone.comDryad Global highlighted that two vessels were recently hit in the Red Sea region - the M/V Tutor and the M/V Verbena. -
Equinor to Develop CO2 Transport System in France with GRTgaz
via rigzone.comThe CO2 will be transported to safe and permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project. -
Oil Rises Above $80 for First Time in a Month
via rigzone.comOil climbed, building on its biggest weekly advance since early April and extending a short-covering rally, helped by risk-on sentiment in broader markets. -
Argentina Union Strike Risks Affecting Vaca Muerta Production
via rigzone.comAn Argentinian oil union said it will hold a 48-hour strike to demand higher salaries, potentially affecting production at the Vaca Muerta shale patch.
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