Oil & Gas Industry News

Crude markets swung lower despite ongoing supply disruptions.

Kuwait is offering to sell its crude to refiners in Asia for the first time since the Iran war started.

New BP Plc Chief Executive Officer Meg O'Neill reorganized the energy giant's leadership and reporting structures.

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

Wood Mackenzie 'found no consensus' on when the Gulf 'crisis' will be 'resolved' at its latest annual gas and LNG conference held in London recently, a statement sent to Rigzone by the company revealed.

Oil gave back most of Monday's gains today, Saxo Bank highlighted.

The world's shipowners have placed orders for a record number of new oil supertankers.

Two extremes are currently playing out in the Permian Basin.

Oil price rise was stunted as Israel and Iran signaled they may avoid further escalation.

Only two bidders participated in the Trump administration's auction for drilling leases in Alaska's Arctic National Wildlife Refuge.