Ukraine Hits Another Oil Tanker, This Time in Med
Ukraine for the first time hit an oil tanker from Russia’s shadow fleet in the Mediterranean Sea, a…
Oil Posts Second Weekly Decline
Oil declined for a second week as concerns over a growing glut outweighed geopolitical risks to supply. West…
‘Significant’ Undiscovered Resources in GC Haynesville
In a statement sent to Rigzone late Wednesday, U.S. Geological Survey (USGS) Director Ned Mamula said there are…
EIA Sees 2.2 Million Barrel Per Day Glut in 2025
World petroleum and other liquid fuels production will outweigh consumption by 2.24 million barrels per day in 2025.…
Strategists Say Oil’s Fermi Paradox Nearing an End
In an oil and gas report sent to Rigzone recently by the Macquarie team, Macquarie strategists, including Vikas…
OPEC Data Points to Balanced Global Oil Market in 2026
OPEC kept forecasts for global oil supplies and demand in 2026 steady, pointing to a balanced world market…
Analyst Looks at Natural Gas Price Moves
In a natural gas focused EBW Analytics Group report sent to Rigzone by the EBW team on Friday,…
TechnipFMC Bags Production Systems Contract for Gorgon Stage 3
TechnipFMC PLC said Thursday it had won a “significant” contract from Chevron Corp for a recently approved project…
Aramco, ExxonMobil Mull Petrochemical Complex at Samref
Exxon Mobil Corp and Saudi Arabian Oil Co (Aramco) have agreed to evaluate upgrading their Samref refinery in…
Key Oil Price Firm Will Ignore Fuel from Russia Crude
One of the world’s main companies for setting benchmark prices of physical commodities said it will start to…
USA Crude Oil Stocks Rise Week on Week
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 0.6 million barrels…
BGN Plans Global Gas Push Ahead of New Supplies
Energy trader BGN is set to expand its fledgling natural gas business into a global portfolio with stakes…