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OEUK Says EPL Reform Will Mean More Jobs Share your comments
Without changes to the fiscal regime, UK oil and gas could disappear within years, not decades, OEUK CEO David Whitehouse warned.
4:55 AM EST | September 02, 2025
Why Is the Oil Price Rising? Share your comments
Why is the oil price rising today?
9:10 AM EST | September 02, 2025
Subsea7 Bags 'Major' Contract Share your comments
'This award builds on our track record in Türkiye', said David Bertin, Senior Vice President for Subsea7 Global Projects Center East.
9:57 AM EST | September 02, 2025
North America Loses Rigs for 2 Straight Weeks Share your comments
North America lost seven rigs week on week, according to Baker Hughes' latest North America rotary rig count.
6:54 AM EST | September 01, 2025
Shearwater to Undertake Ghana's 1st Deepwater Ocean Bottom Survey Share your comments
'By delivering the first OBN project in Ghana and other surveys across this part of Africa, we are opening new geophysical frontiers', Shearwater CEO Irene Waage Basili said.
8:07 AM EST | September 01, 2025
Where Will USA Oil Production Come From in 2025? Share your comments
Total U.S. crude oil production, including lease condensate, is projected to average 13.41 million barrels per day this year in the EIA's latest STEO - but where will this oil come from?
10:29 AM EST | September 01, 2025
Industry Body Pays Tribute to Phil Kirk Share your comments
'Phil was a tireless champion of the North Sea industry and was respected by everyone he worked alongside', OEUK Chief Executive David Whitehouse said.
5:26 AM EST | August 29, 2025
How Much Crude Oil is in the USA Strategic Petroleum Reserve? Share your comments
Just how much crude oil is in the U.S. Strategic Petroleum Reserve (SPR)?
7:34 AM EST | August 29, 2025
Daenerys Discovery Is a Game Changer for Talos Share your comments
'This is the company's largest discovery to date in the GoA', Wood Mackenzie Upstream Senior Research Analyst Miles Sasser said.
9:59 AM EST | August 29, 2025
Summer Trading Remains Seasonally Thin, Analysts Say Share your comments
Summer trading remains seasonally thin and attention has been drawn away from fundamentals towards broader macroeconomic news, analysts at Standard Chartered Bank said.
6:11 AM EST | August 28, 2025
USA Crude Oil Stocks Drop Week on Week Share your comments
Crude oil stocks, not including the SPR, stood at 418.3 million barrels on August 22, the U.S. Energy Information Administration's latest weekly petroleum status report showed.
7:17 AM EST | August 28, 2025
Expiring September Natural Gas Contract Rose 15 Cents Share your comments
The expiring September natural gas contract rose 15.0 cents to roll off the board at $2.867 per MMBtu yesterday, EBW Analytics Group Energy Analyst Eli Rubin said.
10:03 AM EST | August 28, 2025
Macquarie Strategists Forecast USA Crude Inventory Drop Share your comments
Macquarie strategists, including Walt Chancellor, are forecasting that U.S. crude inventories will be down for the week ending August 22.
5:10 AM EST | August 27, 2025
OPEC+ May Unwind 1.65MM Bpd of Cuts at Next Meeting, Analyst Warns Share your comments
There is an increasing risk that OPEC+ will unwind the last 1.65 million barrels per day of cuts when they meet on September 7, Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB, said.
6:25 AM EST | August 27, 2025
GasBuddy Reveals 2025 Labor Day USA Gasoline Price Forecast Share your comments
'It will be the most affordable Labor Day weekend to fill up for most in the last five years', GasBuddy said.
10:34 AM EST | August 27, 2025
Crescent to Acquire Vital in $3.1B Deal Share your comments
'The transaction will establish a top 10 independent', the companies said in a joint statement.
5:18 AM EST | August 26, 2025
North America Goes Back to Losing Rigs Share your comments
North America dropped four rigs week on week, according to Baker Hughes' latest North America rotary rig count.
5:51 AM EST | August 26, 2025
USA EIA Sees Production Outpacing Demand in 2025 and 2026 Share your comments
The EIA projected that world petroleum and other liquid fuels production will come in higher than consumption both this year and next year in its latest short term energy outlook.
10:13 AM EST | August 26, 2025
BP Whiting Refinery Impacted by 'Significant' Thunderstorms Share your comments
The Whiting Refinery is BP's largest in the world and a vital source of transportation fuels, investment and jobs in the Midwest region, BP states on its website.
5:09 AM EST | August 25, 2025
USA Energy Demand Projected to Rise in 2025, 2026 Share your comments
Total U.S. energy consumption is projected to rise in 2025 and 2026 in the U.S. Energy Information Administration's latest short term energy outlook.
7:28 AM EST | August 25, 2025
USA EIA Sees USA Diesel Price Falling in 2025, 2026 Share your comments
The U.S. Energy Information Administration projected that the U.S. on-highway diesel fuel price will fall in 2025 and 2026 in its latest short term energy outlook.
10:10 AM EST | August 25, 2025
USA EIA Increases 2025 USA Oil Production Forecast Share your comments
The U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2025 in its latest short term energy outlook.
6:47 AM EST | August 20, 2025
TIPRO, TXOGA Look at July Texas Upstream Employment Share your comments
The Texas Independent Producers and Royalty Owners Association and the Texas Oil and Gas Association took a look at July Texas upstream employment.
9:01 AM EST | August 20, 2025
BKH, NWE to Form Company With $15.4B Enterprise Value Share your comments
Black Hills Corp and NorthWestern Energy Group Inc announced in a joint statement that each company's board of directors has unanimously approved a definitive agreement to combine in an all-stock, tax-free merger.
10:15 AM EST | August 20, 2025
North America Enters Rig Addition Streak Share your comments
North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.
6:23 AM EST | August 19, 2025
USA EIA Reveals Latest Henry Hub NatGas Price Forecasts Share your comments
The U.S. Energy Information Administration has revealed its latest average Henry Hub natural gas spot price forecasts in its August short term energy outlook.
8:19 AM EST | August 19, 2025
Strategists Forecast 8+ Million Barrel USA Crude Inventory Draw Share your comments
'This follows a 3.0 million barrel build in the prior week, with the crude balance realizing modestly looser than our expectations', the strategists said.
10:37 AM EST | August 19, 2025
Any Talks About USA Sanctions on Russia 'Now Blowing in the Wind' Share your comments
Any talks about U.S. sanctions towards Russia are now blowing in the wind, Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB, said.
6:51 AM EST | August 18, 2025
USA EIA Sees WTI Oil Price Under $48 Per Barrel in 2026 Share your comments
The U.S. Energy Information Administration cut its West Texas Intermediate average spot crude oil price forecast in its latest short term energy outlook.
7:44 AM EST | August 18, 2025
Ex-NASA, Intel Rep Crowned Mr TIPRO Share your comments
The award is TIPRO's top honor.
10:26 AM EST | August 18, 2025
Analysts Look at Trump-Putin Alaska Meeting Share your comments
'The threat of secondary sanctions has been particularly successful', Olga Tokariuk, a fellow with the Democratic Resilience Program at CEPA, said in an exclusive CEPA press briefing, which Rigzone was invited to.
6:13 AM EST | August 15, 2025
EIA Cuts Brent Oil Price Forecast for 2025 and 2026 Share your comments
The U.S. Energy Information Administration cut its Brent spot average crude oil price forecast for 2025 and 2026 in its latest short term energy outlook.
7:02 AM EST | August 15, 2025
USA Gasoline Price Projected to Fall Below $3 in 2026 Share your comments
The U.S. Energy Information Administration projected that the U.S. regular gasoline retail price will average $2.88 per gallon next year.
10:11 AM EST | August 15, 2025
Trump Has Limited Leverage Over Russia Without Risking Oil Price Spike Share your comments
Absent greater military involvement, the Trump administration has limited leverage over Russia without risking a spike in oil prices, analysts at J.P. Morgan said.
5:21 AM EST | August 14, 2025
USA Crude Oil Stocks Rise by 3 Million Barrels Week on Week Share your comments
Crude oil stocks, not including the SPR, stood at 426.7 million barrels on August 8, the EIA's latest weekly petroleum status report showed.
7:18 AM EST | August 14, 2025
Texas Oil Regulator Reveals Latest Preliminary Oil, Gas Production Figures Share your comments
The Texas Railroad Commission revealed its latest preliminary crude oil and natural gas production figures.
10:32 AM EST | August 14, 2025
Macquarie Strategists Forecast USA Crude Inventory Rise Share your comments
Macquarie strategists, including Walt Chancellor, are forecasting that U.S. crude inventories will be up for the week ending August 8.
5:13 AM EST | August 13, 2025
Union Says 200+ Repsol Workers Back Enhanced Pay Offer Share your comments
'The pay deal successfully negotiated by Unite is worth 8.5 percent over two years', Unite said.
8:28 AM EST | August 13, 2025
Natural Gas 'Sold Off Sharply' on Tuesday Share your comments
The September natural gas contract 'sold off sharply yesterday as Monday's initial show of support collapsed', Eli Rubin, an energy analyst at EBW Analytics Group, said.
10:55 AM EST | August 13, 2025
USA-China Tariff Truce Extension Helps Oil Share your comments
Pressure on crude oil futures decreased and prices rebounded slightly, said Maria Agustina Patti, Financial Markets Strategist Consultant to Exness.
6:34 AM EST | August 12, 2025
Norway's Northernmost Oil Field Officially Opens Share your comments
'This is a milestone for the petroleum industry in the Barents Sea', Norway's minister of energy, Terje Aasland, said.
7:47 AM EST | August 12, 2025
NOAA Updates 2025 Atlantic Hurricane Season Forecast Share your comments
'As we enter the second half of the season, this updated hurricane outlook serves as a call to action to prepare now', Acting NOAA Administrator Laura Grimm said.
10:15 AM EST | August 12, 2025
JP Morgan Analysts Look at August Oil Demand Share your comments
Global oil demand averaged 104.7 million barrels per day in the first five days of August, analysts at J.P. Morgan, including Natasha Kaneva, head of global commodities strategy at the company, said.
6:12 AM EST | August 11, 2025
North America Goes Back to Adding Rigs Share your comments
North America added two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
6:53 AM EST | August 11, 2025
Energy Entities Support Texas Flood Relief Efforts Share your comments
'We want to express our gratitude and commend the heroic efforts of local first responders', said Mark Parsons, senior vice president and head of Texas Energy at NRG.
10:15 AM EST | August 11, 2025
Oil Has Performed Poorly This Week Share your comments
Brent crude oil has performed poorly this week, analysts at BMI said.
5:04 AM EST | August 08, 2025
TotalEnergies Sells Stake in Argentina Blocks to YPF Share your comments
'TotalEnergies remains fully committed to Argentina', said Javier Rielo, TotalEnergies Senior Vice President Americas, Exploration & Production.
7:31 AM EST | August 08, 2025
Blackstone to Buy Enverus Share your comments
'This is more than a transaction - it's a launchpad', Enverus CEO Manuj Nikhanj said.
10:33 AM EST | August 08, 2025
April 2023 OPEC+ Tranche 'Next in Focus', Analysts Say Share your comments
Now that the November 2023 OPEC+ tranche is fully unwound, the next in focus is the April 2023 tranche, analysts at Standard Chartered Bank said.
5:21 AM EST | August 07, 2025
What is the World's Most Valuable Oil and Gas Brand? Share your comments
Brand Finance announced that, according to its Energy 100 2025 report, the collective value of the world's top 100 'most valuable energy brands' is $688.6 billion.
7:01 AM EST | August 07, 2025