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Oil & Gas Industry News

Welcome to the Energy News Page. Here you can find links to the latest news from reputable sources in the oil and gas industry.

Oil Rises While Locked in Narrow Range

Rigzone

Mon, 13 May 2024 19:25:40 GMT

Oil edged higher as signs of a tighter market vied with decreased geopolitical risks to keep prices locked in a narrow band.

North America Rig Losses Continue

Rigzone

Mon, 13 May 2024 14:48:20 GMT

North America dropped six rigs week on week, according to Baker Hughes' latest rotary rig count.

USA EIA Lowers Brent Oil Price Forecasts

Rigzone

Mon, 13 May 2024 11:03:42 GMT

The U.S. Energy Information Administration lowered its Brent oil price forecast for 2024 and 2025 in its latest short term energy outlook.

GlobalData Says Digital Twins Are Becoming Mainstay in Oil and Gas Ops

Rigzone

Mon, 13 May 2024 08:48:39 GMT

GlobalData's thematic intelligence center estimates that the global digital twins market will be worth $154 billion by 2030.

China Raises Coal, Gas Imports amid Low Prices

Rigzone

Mon, 13 May 2024 06:30:00 GMT

China is taking advantage of lower international prices for coal and natural gas to replenish stockpiles of power fuels ahead of another long, hot summer.

Norway Expands NCS Licensing Areas by 37 Blocks

Rigzone

Fri, 10 May 2024 14:00:00 GMT

Three of the additional blocks are in the northwest of the Norwegian Sea and 34 blocks are in the east of the Barents Sea.

Biden Urged to Halt Approvals of Deepwater Oil Export Facilities for Review

Rigzone

Fri, 10 May 2024 13:30:00 GMT

The Transportation Department said extensive environmental reviews are already required to obtain a license for a deepwater port.

China's First Oil Shipment From Niger Stymied by Border Dispute

Rigzone

Thu, 09 May 2024 21:00:00 GMT

China's first shipment of crude from Niger has been blocked by a border dispute.

Oil Edges Higher on Technicals as Stockpiles Fall

Rigzone

Thu, 09 May 2024 19:30:34 GMT

Oil edged higher as key technical levels provided a floor for losses while investors digested a mixed US inventories report.

API Comments on Final EPA Revisions to GHG Reporting Program

Rigzone

Thu, 09 May 2024 13:48:20 GMT

'API has raised serious concerns'.

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