Rigzone

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Oil, Rigzone

Has the Oil Glut Disappeared?

Geopolitical issues and industry disruptions are confusing the oil market.

Energy, Investment, Oil, Rigzone

Will Occidental’s $38B Gamble Be a Shale Win?

Occidental Petroleum, ranked 167 in Fortune 500, recently snatched victory from Chevron with a winning bid of $38 billion for one of the largest U.S.  Independent oil and gas companies; Anadarko ranked just 237, making this the largest American oil and gas merger in more than a decade and the […]

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Energy, Oil, Rigzone

US Dropping Iranian Oil Sanction Waivers

In reality, President Trump’s sanctions to stop Iranian crude exports are likely to be harder than envisaged and their success might lead to unanticipated crude price increases, which would be bad news for the world economy.

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Gas, Oil, Rigzone

Majors Driving Rise in Global Discoveries

American major ExxonMobil was the most successful, with three significant offshore discoveries accounting for over 38 percent of total discovered volumes in the first quarter of 2019.

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Gas, Northern Europe, Power, Rigzone, Shipping

North Sea Ports Compete to Build LNG Import Terminals

The German case for LNG import terminals rests on the need to increase the country’s gas imports as North Sea gas production declines.