August 18, 2017

What Will Happen to Experienced Oil, Gas Workers?

Nearly one-third of respondents to Rigzone’s worker exodus survey are highly experienced (having more than 20 years of oil and gas experience). This group of industry […]
August 18, 2017

Oil Falls by Most in Five Weeks Amid Fear of Chinese Demand Drop

(Bloomberg) — Oil tumbled by the most in more than five weeks as fears of falling oil demand in China overshadowed news that Libya’s crude supply […]
August 15, 2017

OPEC’s Long-Sought Success Spoiled by 2018 Oil Supply Worry

(Bloomberg) — Oil investors are already worrying over the potential fallout when OPEC’s deal to cut output expires, marring emerging signs that the accord to shrink […]
August 15, 2017

America’s Shale Natural Gas Production Is Taking Off – Sort Of

(Bloomberg) — America’s shale gas production is about to surge 12 percent. Sort of. The Energy Department issued a report Monday estimating that the nation’s prolific […]
August 9, 2017

Venezuela Rebellion Could Send Oil To $80

Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets,” according to Helima Croft of RBC Capital Markets. The […]
August 9, 2017

Saudi Oil Minister Just Did Something He Has Never Done Before

Gauging market sentiment before the 2018 Saudi Aramco IPO led Oil Minister Khalid al-Falih to personally meet with top hedge fund managers, according to a new […]
August 7, 2017

Keystone Foes Duck Climate in Red State Oil Pipeline Battle

(Bloomberg) — You won’t hear the C-word coming from Keystone XL foes as they argue against TransCanada Corp.’s push to get the final state approval needed […]
August 7, 2017

Kemp: Macroeconomic Risks For The Oil Industry

LONDON, Aug 4 (Reuters) – The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see […]
August 3, 2017

Big Oil Seen Vulnerable to Fresh Slump Despite Growth at $50

(Bloomberg) — Europe’s oil industry is once again generating cash even as crude languishes at half the price of three years ago. Yet companies remain vulnerable to […]
August 3, 2017

Who Are the Oil, Gas Industry’s Departed Workers?

Just as the tally on global oil and gas layoffs due to the industry downturn surpassed the 440,000 mark, Rigzone was hard at work developing a […]