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 Ends Third Straight Weekly Loss
Rigzone
Fri, 17 Oct 2025 20:59:10 GMT
Optimism over Trump's talks with China and Putin briefly steadied sentiment amid bearish fundamentals.
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Colombia Warms to Fossil Fuels
Rigzone
Fri, 17 Oct 2025 20:00:00 GMT
Colombia is poised for an about face.
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EIA Raises USA Total Energy Consumption Forecasts
Rigzone
Fri, 17 Oct 2025 14:48:17 GMT
In its latest short term energy outlook, the EIA raised its U.S. total energy consumption forecast for 2025 and 2026.
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BofA Sees Oil Price Floor 'Likely Forming at $55'
Rigzone
Fri, 17 Oct 2025 09:03:35 GMT
A BofA Global Research report sent to Rigzone recently noted that BofA sees 'a[n] [oil price] floor likely forming at $55 per barrel'.
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China Appetite for Canadian Oil Headed for All Time High
Rigzone
Thu, 16 Oct 2025 20:00:00 GMT
Canadian oil exports to China are on pace for a record month.
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Oil Drops as Potential Trump-Putin Meeting Eases Supply Fears
Rigzone
Thu, 16 Oct 2025 19:56:27 GMT
Oil fell to a fresh five-month low.
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SEB Expects OPEC to Cut Production Soon
Rigzone
Thu, 16 Oct 2025 11:59:30 GMT
'We ... expect OPEC to implement cuts to avoid a large increase in inventories in Q1-26', SEB Chief Commodities Analyst Bjarne Schieldrop said.
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GB Energy Launches Aberdeen Energy Taskforce
Rigzone
Thu, 16 Oct 2025 09:21:52 GMT
'The taskforce will help ensure the wealth of skills and experience developed in oil and gas fuels Britain's next generation of clean energy industries', GBE said.
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Oil Slips to Five-Month Low
Rigzone
Wed, 15 Oct 2025 21:19:01 GMT
OPEC+'s rapid production return has added pressure despite Fed rate cut optimism.
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Gunvor CEO Says Oil Oversupply Finally Emerging
Rigzone
Wed, 15 Oct 2025 20:00:00 GMT
'It looks like we are now moving into a bit of a different market,' Torbjorn Tornqvist, chief executive officer of Gunvor Group, said in an interview in London.
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