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.
Rystad Looks at USA Reimposition of Venezuela Oil Sanctions
Rigzone
Tue, 23 Apr 2024 14:47:11 GMT
'It again becomes illegal for U.S.-based companies to deal in Venezuelan oil,' Rystad notes.
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Oil Market Sees Iran Sanctions Having Muted Impact on Exports
Rigzone
Tue, 23 Apr 2024 14:00:00 GMT
Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as soon as this week.
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TotalEnergies to Acquire Remaining Stake in Malaysia's SapuraOMV
Rigzone
Tue, 23 Apr 2024 11:59:12 GMT
SapuraOMV's main assets are its 40 percent operated interest in block SK408 and 30 percent operated interest in block SK310, both located offshore Sarawak in Malaysia.
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Are Cyber Attacks a Growing Threat to Oil and Gas Vessels?
Rigzone
Tue, 23 Apr 2024 10:55:31 GMT
'Regarding the threat, we have seen the landscape worsen considerably,' the Chertoff Group warned.
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North America Goes Back to Losing Rigs
Rigzone
Tue, 23 Apr 2024 08:51:41 GMT
North America dropped 12 rigs week on week, according to Baker Hughes.
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Oil Edges Lower Amid Limited War Risks
Rigzone
Mon, 22 Apr 2024 19:27:24 GMT
Oil inched lower on limited fresh signs of escalating conflict in the Middle East, but prices hovered above monthly lows as technical support limited losses.
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Can Oil, Gas Companies Use Generative AI to Help Hire People?
Rigzone
Mon, 22 Apr 2024 14:44:57 GMT
'We're integrating AI as we speak,' one recruitment company told Rigzone.
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JPMorgan, S&P, Rystad Share Views on Oil and Middle East Situation
Rigzone
Mon, 22 Apr 2024 10:36:52 GMT
J.P. Morgan, S&P Global Commodity Insights, and Rystad Energy share their latest views.
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UK Oil Regulator Fines NEO Energy
Rigzone
Mon, 22 Apr 2024 09:03:54 GMT
NEO Energy Production UK Limited has been fined $123,674.
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Wildfire Breaks Out Near Canadian Oil Sands, Prompts Evacuation Alert
Rigzone
Mon, 22 Apr 2024 06:30:00 GMT
The fire is one of two out-of-control blazes in Alberta, home to the Canadian oil sands.
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Biden Limits Oil Drilling Across Alaska's Petroleum Reserve
Rigzone
Sat, 20 Apr 2024 12:00:00 GMT
The Biden administration on Friday finalized a plan to prevent oil development across more than half of the U.S. government's mammoth petroleum reserve in Alaska.
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Oil Managed Slight Gain as Risk Premium Falls
Rigzone
Fri, 19 Apr 2024 19:35:23 GMT
Oil eked out a meager gain after Iranian media appeared to downplay the effect of Israeli strikes, lowering the geopolitical risk premium for crude.
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What Would an All-Out War in the Middle East Mean for USA Gasoline Prices?
Rigzone
Fri, 19 Apr 2024 14:00:00 GMT
'It would mean extreme price volatility,' EIR warned.
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Iran-Israel Conflict Has Potential to Further Disrupt Shipping Industry
Rigzone
Fri, 19 Apr 2024 10:33:19 GMT
'The risk profile for commercial vessels operating in the region remains at severe/critical,' Dryad stated.
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Iran Acknowledges Drone Attack by Israel and Says It Failed
Rigzone
Fri, 19 Apr 2024 10:24:27 GMT
Israel launched a retaliatory strike on Iran following last week's missile and drone barrage from Tehran, according to two U.S. officials.
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Analysts Believe Oil Market Is Underpricing Risk
Rigzone
Fri, 19 Apr 2024 08:27:35 GMT
Analysts at Standard Chartered said they think geopolitical risk in oil has escalated significantly.
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Oil Swings Amid Rising Iranian Threats
Rigzone
Thu, 18 Apr 2024 19:22:47 GMT
Oil fluctuated as markets weighed Iran's threats on Israeli nuclear sites against a stronger US dollar.
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US Confirms Reimposition of Oil Sanctions against Venezuela
Rigzone
Thu, 18 Apr 2024 15:35:49 GMT
Washington will not renew a reprieve issued to Caracas for oil and gas activities, accusing the Maduro regime of reneging on a commitment to upholding fair elections.
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USA Commercial Crude Oil Inventories Rise
Rigzone
Thu, 18 Apr 2024 15:26:17 GMT
Crude oil stocks in the U.S., not including the SPR, stood at 460.0 million barrels on April 12.
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Analyst Says USA Influence on Middle East Seems to be Fading
Rigzone
Thu, 18 Apr 2024 09:54:02 GMT
'U.S. sanctions on Iran had greatly impacted reported volumes in 2018-20, but such volumes appear to have been brought back online,' a Senior Associate at Enverus Intelligence Research told Rigzone.
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