Shale Operators Defy $60 Oil to Keep Increasing Production
By and A pumpjack and drill rig over an oil well in the Permian Basin near Midland, Texas. Photographer: Daniel Acker/Bloomberg Get the Latest US Focused Energy News Delivered to…
Petrobras Hikes Dividend as Production Surge Offsets Lower Oil Prices
Petrobras will be paying higher dividends for the third quarter compared to the second quarter as production and earnings jumped sequentially, the Brazilian state-owned oil giant said. Petrobras booked a…
China’s Crude Imports Jump as Other Commodity Purchases Falter
Amid the highest Chinese refinery throughput so far this year, China’s crude oil imports jumped in October by 8.2% from a year earlier and by 2.3% month-on-month, while purchases of…
Hungary Makes Historic Switch to American Nuclear Fuel
Hungary will buy U.S. nuclear fuel for the first time to use at a Russia-built nuclear power plant in the country, Hungarian Foreign Minister Peter Szijjarto said ahead of a…
Oil Market Appears ‘Torn’
The oil market appears “torn”. That’s what Standard Chartered Bank Energy Research Head Emily Ashford outlined in a report sent to Rigzone by the Standard Chartered team this week, which…
Petronas receives Malaysia offshore CCS permit
A subsidiary of multinational oil and gas firm Petronas has been granted an offshore assessment permit for carbon capture and storage (CCS) in the Duyong area of Malaysia. The Malaysia…
Greek project to showcase first end-to-end CO2-to-fuel system at refinery
A new European project will bring together 16 partners from eight countries to demonstratehow advanced carbon capture and utilisation technologies can turn industrial CO2 emissions into clean fuels. The four-year…
Oil Heads for Second Weekly Loss on Lingering Oversupply Concerns
Summary U.S. crude stocks rose more than expected last week Private reports suggest U.S. labour market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets (Reuters) – Oil…
U.S. Shale Producer EOG Resources Beats Third-Quarter Profit Estimates
Meanwhile, oil and gas production in the U.S. rose to record highs in August, data from the Energy Information Administration showed. Get the Latest US Focused Energy News Delivered to…
Oil Prices Set to Extend Losing Streak as Floating Storage Soars
Crude oil prices were on course for another weekly decline today as worries about a supply overhang deepened amid reports of record crude oil volumes going into floating storage and…


US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks, Says Baker Hughes
Locked Out BP Workers Picket Outside Indiana Refinery Amid Labor Contract Dispute
North Dakota Operators Likely to Increase Crude Output in March, Regulator Says
US Crude Heads to Asia via Panama Canal as Iran Crisis Redraws Trade Flows
Tanker Carrying Fuel Originally Bound for Cuba Diverts to Trinidad, Shipping Data Shows
Oil Inches Higher as Iran Strikes Kuwait’s Mina Al-Ahmadi Refinery
Buyers Scramble for Seaborne Oil as Middle East War Continues
Two Russian Cargoes Offer Temporary Relief for Cuba’s Energy Emergency
European Gas Price Set for 20% Weekly Jump on Qatar’s LNG Outage
New group of startups to advance CO2 mineralisation for buildings








