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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.

Big Oil Scores $56B Windfall on Spiking Fuel Prices

Rigzone

Sat, 31 Oct 2026 12:00:00 GMT

Big Oil reaped more than $50 billion in windfall profits.

Oil Creeps Higher Amid Uncertainty Over USA Strategy in Iran

Rigzone

Fri, 30 Oct 2026 23:10:53 GMT

Oil climbed as traders gauged Washington's appetite for renewed military escalation against Iran.

Bodies Discovered After Rig Sinks Offshore Gabon

Rigzone

Fri, 30 Oct 2026 13:50:01 GMT

'An underwater remotely operated vehicle has located the bodies of three individuals', Borr Drilling revealed.

Ineos Responds to UK Budget

Rigzone

Fri, 30 Oct 2026 10:06:43 GMT

The UK's Autumn Budget was described by global chemical company Ineos as 'a major missed opportunity to save British manufacturing'.

Oil Wavers on Conflicting Reports of USA Military Moves

Rigzone

Thu, 29 Oct 2026 21:16:19 GMT

Oil fluctuated in a choppy session as traders weighed conflicting signals on the direction of U.S. military strategy in Iran.

What Would a Midterm Democrat Sweep Mean for USA Oil, Gas?

Rigzone

Thu, 29 Oct 2026 12:16:42 GMT

There's a 66 percent chance that Democrats 'sweep' the midterms, according to Polymarket's website.

OEUK Says Budget 'Missed Bigger Opportunities'

Rigzone

Thu, 29 Oct 2026 09:31:38 GMT

The 2026 UK Budget delivered by UK Chancellor of the Exchequer John Healey on Wednesday 'missed bigger opportunities', industry body Offshore Energies UK said.

Oil Rises with Iran Attack Report, Israeli Election in Focus

Rigzone

Wed, 28 Oct 2026 20:50:38 GMT

Oil rose as traders weighed whether the U.S. and Israel would resume military strikes on Iran.

Trump Says High Gas Price a 'Short-Term Pain'

Rigzone

Wed, 28 Oct 2026 20:00:00 GMT

'Short-term pain, right, for long-term gain. You're going to see very soon', Trump said at a rally in Corpus Christi.

EI Launches Program 'to Tackle Barriers to AI Adoption'

Rigzone

Wed, 28 Oct 2026 15:12:22 GMT

The Energy Institute announced that it has kicked off a new industry program 'to tackle barriers to AI adoption in energy'.

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