Crude Finishes Higher on Short Covering
Oil gained, finishing the week positive as investors assessed the murky outlook for a cease-fire in Ukraine and…
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…
Oil Could be Significantly Impacted by USA-VEN Tensions
Benchmark crude oil prices could be impacted significantly by escalating military tensions between the U.S. and Venezuela, with…
Strategists Expect Over 3MM Barrel WoW USA Crude Stock Rise
In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists, including…
OEUK Awards Winners Revealed | Rigzone
Industry body Offshore Energies UK’s (OEUK) 2025 awards ceremony took place in Aberdeen, Scotland, on Thursday night, crowning…
USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 3.4 million barrels…
Reliance Stops Using Russian Oil in Part of Jamnagar
India’s Reliance Industries Ltd. said it would stop processing Russian oil at part of its giant Jamnagar oil…
South Sudan Says Crude Exports Back to Normal
South Sudan said it had resumed oil shipments after attacks on energy facilities in neighboring Sudan disrupted activity.…
DNO Acquires Stake in Cassio Prospect offshore Norway
Orlen SA agreed to sell 20 percent of the Norwegian North Sea production license (PL) containing the Cassio…
Naftogaz Secures Preliminary Deal for Winter LNG from Greece’s DEPA
Greece’s state-owned DEPA Commercial SMSA on Sunday signed a letter of intent (LOI) to supply Ukraine an unspecified…
SM Energy, Civitas Announce $13B ‘Transformational’ Combo
SM Energy Company and Civitas Resources Inc announced, in a joint statement released Monday, a “$12.8 billion transformational…
Lukoil to Sell Assets to Gunvor Amid Sanctions
Russian oil producer Lukoil PJSC has agreed to sell its international assets to energy trader Gunvor Group, a…