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 Spikes as Israel's Attacks on Iran Stoke Fears of Wider War
Rigzone
Fri, 13 Jun 2025 20:28:26 GMT
Oil surged the most in more than three years after Israel carried out airstrikes against Iran.
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Trump Urges Iran to Agree Nuclear Deal to Avoid More Attacks
Rigzone
Fri, 13 Jun 2025 13:46:41 GMT
'There is still time to make this slaughter, with the next already planned attacks being even more brutal, come to an end'.
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Israel Strikes Iran Nuclear Sites
Rigzone
Fri, 13 Jun 2025 06:09:37 GMT
Iranian media reported that the head of the Islamic Revolutionary Guard Corps and the military chief of staff were both killed.
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Oil Steadies as Traders Weigh Tariff Threats Against Iran Risk
Rigzone
Thu, 12 Jun 2025 20:18:23 GMT
Oil held steady as traders weighed renewed tariff threats from the U.S. against the potential for widespread conflict in the Middle East.
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Oil Surges as USA Orders Partial Evacuation of Iraqi Embassy
Rigzone
Wed, 11 Jun 2025 20:24:33 GMT
Oil surged as the U.S. government ordered a partial evacuation of its embassy in Iraq amid rising security risks.
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EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia
Rigzone
Wed, 11 Jun 2025 07:00:02 GMT
The EU proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap as part of a new sanctions package that aims to pile pressure on Moscow to end its war against Ukraine.
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Oil Edges Lower as Traders Await Result of USA-China Trade Talks
Rigzone
Tue, 10 Jun 2025 20:11:34 GMT
Oil edged lower as the market awaits the outcome of a second day of trade talks between the U.S. and China.
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DOE Announces New Supercomputer Powered by Dell, NVIDIA
Rigzone
Tue, 10 Jun 2025 13:56:18 GMT
The U.S. Department of Energy announced a new supercomputer powered by Dell and NVIDIA 'to speed scientific discovery'.
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Germany's SEFE Strikes 10-Year Deal for Gas From Azerbaijan
Rigzone
Tue, 10 Jun 2025 13:08:35 GMT
Germany's state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan's Socar.
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UK Trials Underwater Defense Robot
Rigzone
Tue, 10 Jun 2025 06:54:42 GMT
Dstl has trialed an underwater robot which can prevent adversaries from sabotaging undersea cables and pipelines by disarming or removing threats, a statement posted on the UK government website on Monday said.
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Oil Edges Up as Traders Await Outcome of USA-China Trade Talks
Rigzone
Mon, 09 Jun 2025 20:15:54 GMT
Oil extended last week's gain.
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BofA Sees Saudis Embarking on Long But Shallow Oil Price War
Rigzone
Mon, 09 Jun 2025 20:00:01 GMT
OPEC+'s oil output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.'s head of commodities research said.
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North America Drops More Rigs
Rigzone
Mon, 09 Jun 2025 14:13:59 GMT
North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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Canada's Oil Sands Emissions Intensity Falls for Sixth Year
Rigzone
Sat, 07 Jun 2025 12:00:00 GMT
Canada's oil sands industry reduced its emissions per barrel for the sixth straight year in 2023.
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Oil Rises as Solid USA Jobs Data Pushes Algos to Drop Short Bets
Rigzone
Fri, 06 Jun 2025 19:49:36 GMT
Oil rose as stronger than expected U.S. jobs data eased concerns about an economic slowdown that would crimp demand.
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EIA Fuel Update Shows Declining USA Gasoline, Diesel Price
Rigzone
Fri, 06 Jun 2025 14:24:04 GMT
In its latest gasoline and diesel fuel update, the U.S. Energy Information Administration showed a declining price trend for U.S. regular gasoline and U.S. on-highway diesel fuel.
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Equinor, Centrica Sign $27 Billion Gas Sales Deal
Rigzone
Fri, 06 Jun 2025 10:52:21 GMT
'I am very pleased to strengthen the energy partnership with the UK and our longstanding partner and customer Centrica,' Equinor President and CEO Anders Opedal said.
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BP Enters Into Series of Azerbaijan Deals
Rigzone
Fri, 06 Jun 2025 08:34:06 GMT
'These agreements represent progress against BP's strategy to grow long-term shareholder value', BP said.
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Petronas to Cut 10 Pct of Workforce on Profit Slump
Rigzone
Thu, 05 Jun 2025 20:00:01 GMT
Petronas, Malaysia's state-owned oil and gas company, will cut about 10 percent of its workforce in a firm-wide restructuring.
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Oil Rises as Traders See Trump-Xi Call as Sign of Easing Tension
Rigzone
Thu, 05 Jun 2025 19:59:02 GMT
Oil rallied as signs the U.S.-China trade war may ease outweighed concerns about increased OPEC+ crude output.
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