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 Falls as US Inventories Increase

Rigzone
Wed, 27 Mar 2024 19:39:48 GMT
Oil lost more of the ground it had gained early this week as US crude and gasoline inventories increased, undercutting expectations for tightening supplies.
Read More

New China Climate Chief Says Fossil Fuels Must Keep a Role

Rigzone
Wed, 27 Mar 2024 19:00:00 GMT
'We will still keep our fair share of fossil fuels, but they must be used in a clean way'.
Read More

Perenco Still Searching for Missing Person After Platform Incident

Rigzone
Wed, 27 Mar 2024 17:00:00 GMT
'The search for the missing person is still actively underway'.
Read More

Blockchain Demands Attention in Oil and Gas

Rigzone
Wed, 27 Mar 2024 09:56:28 GMT
Blockchain is emerging as a technology that demands attention within the oil and gas sector, according to GlobalData.
Read More

Oman Sees Increasing Ship-to-Ship Transfers of Russian Oil Bound for India

Rigzone
Wed, 27 Mar 2024 07:08:11 GMT
The waters off Oman are emerging as a hot spot for ship-to-ship transfers of Russian oil heading to India, as the US steps up scrutiny of the flows.
Read More

Oil Dips as Continued OPEC Cutbacks are Likely

Rigzone
Tue, 26 Mar 2024 19:53:29 GMT
Oil settled little changed Tuesday, after swinging between gains and losses, with OPEC+ set to affirm its policy of production cuts amid tensions in the Middle East and Russia.
Read More

Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road

Rigzone
Tue, 26 Mar 2024 16:03:44 GMT
Higher gasoline prices jeopardize the fight against inflation that's dogged both President Joe Biden and Federal Reserve Chair Jerome Powell.
Read More

Libya Oil Minister Oun Suspended Pending Investigation

Rigzone
Tue, 26 Mar 2024 14:00:00 GMT
Libyan Oil Minister Mohamed Oun has been suspended from office pending an investigation, according to a government agency.
Read More

House Passes Protecting American Energy Production Act

Rigzone
Tue, 26 Mar 2024 12:03:55 GMT
'This bill prohibits the president from declaring a moratorium on the use of hydraulic fracturing unless Congress authorizes the moratorium'.
Read More

OPEC and China Conduct High Level Energy Meeting

Rigzone
Tue, 26 Mar 2024 09:37:02 GMT
The meeting was co-chaired by OPEC Secretary General Haitham Al Ghais and Zhang Jianhua, the administrator of the National Energy Administration of the People's Republic of China.
Read More

Oil Rises on Global Tensions and Signs of Continued Cutbacks

Rigzone
Mon, 25 Mar 2024 19:53:03 GMT
Oil futures rose on geopolitical unrest and signs that OPEC+ will stick with current output cuts when delegates hold a review session next week.
Read More

North America Rig Loss Streak Rumbles On

Rigzone
Mon, 25 Mar 2024 16:09:34 GMT
North America lost rigs week on week, according to Baker Hughes' latest rotary rig count.
Read More

Houthis Warn Saudi Arabia of Retaliation If It Backs USA Attacks

Rigzone
Mon, 25 Mar 2024 14:00:00 GMT
The Yemen-based Houthi militants renewed their threats against Saudi Arabia.
Read More

Republican Lawmakers Say IEA Has Abandoned Energy Security Mission

Rigzone
Mon, 25 Mar 2024 12:43:07 GMT
The lawmakers have sent a letter to the director of the IEA.
Read More

USA Oil and Gas Job Figures Jump

Rigzone
Mon, 25 Mar 2024 11:41:20 GMT
The U.S. oil and gas industry directly employed 2.04 million workers in 2023, according to TIPRO.
Read More

Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude

Rigzone
Sat, 23 Mar 2024 12:00:00 GMT
The world is using more oil than ever and demand is outpacing expectations again this year.
Read More

Oil Settles Lower as Stronger Dollar Offsets Tighter Market

Rigzone
Fri, 22 Mar 2024 19:17:56 GMT
Oil edged lower to settle below $81 a barrel after a stronger dollar curbed investor appetite for commodities, offsetting signs of a tighter global crude market.
Read More

India Halts Russia Oil Supplies From Sanctioned Tanker Giant

Rigzone
Fri, 22 Mar 2024 14:00:00 GMT
All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions.
Read More

Centcom, Dryad Outline Recent Moves Around Red Sea Region

Rigzone
Fri, 22 Mar 2024 12:40:48 GMT
'Coalition forces successfully engaged and destroyed two anti-ship ballistic missiles'.
Read More

Standard Chartered Reiterates $94 Brent Call

Rigzone
Fri, 22 Mar 2024 10:35:13 GMT
Analysts at Standard Chartered revealed that they think the oil price rally has 'further to run'.
Read More