Industry News

Petronas, Petrovietnam Expand Partnership across Energy Value Chain

Industry News - Tue, 2026-10-20 07:40
Malaysia and Vietnam's national oil and gas companies agreed to explore more joint projects in the upstream and downstream sectors, as well as the energy transition.

Why Is the WTI Oil Price Rising More than Brent Intraday?

Industry News - Tue, 2026-10-20 06:41
Why is the West Texas Intermediate oil price rising more than Brent today?

Eni Nears Production at Meleiha Phase 2 in Egypt

Industry News - Tue, 2026-10-20 05:06
The Italian company launched start-up procedures at Meleiha phase 2, designed to process up to 100 million cubic feet of natural gas per day, on Egypt's side of the Sahara Desert.

Ithaca Energy Looking for New CEO

Industry News - Tue, 2026-10-20 03:28
'The board has commenced a process to identify a successor', Ithaca Energy announced.

EU Policy Draft Softens Language on Arctic Drilling

Industry News - Tue, 2026-10-20 02:26
The wording has been a topic of intense discussions between the trade bloc and Norway, which has lobbied hard for the EU to abandon its climate-based opposition to oil and gas exploration in the high north.

Oil Prices Hover Near Five-Month High

Industry News - Mon, 2026-10-19 14:43
Brent remained near $110 as technical resistance limited gains despite escalating geopolitical risks.

Iran's Main Oil Terminals Remain Empty

Industry News - Mon, 2026-10-19 09:28
Iran's main oil-loading terminals have remained empty for weeks.

North America Breaks Rig Count Addition Streak, BH Shows

Industry News - Mon, 2026-10-19 09:21
North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Philippines, USA Looking to Expand Cooperation on Energy Security

Industry News - Mon, 2026-10-19 08:05
The Philippines and the U.S. are exploring an expansion of collaboration on energy security, according to Manila's energy department.

EIA Sees Smaller Oil Crunch in 2026

Industry News - Mon, 2026-10-19 05:51
The U.S. Energy Information Administration tightened its oil crunch prediction for 2026 in its latest short term energy outlook.

Trump Says Diesel Deal Aims to Keep Russia Talks Going

Industry News - Mon, 2026-10-19 05:07
President Donald Trump said he cut a diesel export deal with Russia and delayed imposing further sanctions because he doesn't want to drive Vladimir Putin away from peace talks.

Venezuela Sees Nearly $76B Oil Investment Over 5 Years

Industry News - Mon, 2026-10-19 04:54
Venezuela expects almost $76 billion of investment in its oil and gas sector over the next five years, Acting President Delcy Rodriguez said Saturday.

What Will Happen to the Oil Price Over the Next Few Quarters?

Industry News - Mon, 2026-10-19 04:10
What will happen to the Brent oil price over the next few quarters?

OE Says India May Raise Fuel Prices in November

Industry News - Sun, 2026-10-18 07:00
India may raise fuel prices moderately in November, a brief window to do so before crucial state elections early next year, Oxford Economics said.

OPEC's Smallest Member Rewrites Oil Law

Industry News - Sat, 2026-10-17 07:00
African oil producer Equatorial Guinea will next week pass a new package of favorable terms for oil explorers.

Brent Oil Hits $110 as Supply Risks Mount

Industry News - Fri, 2026-10-16 15:31
Oil prices surged as traders weighed rising Middle East tensions and supply risks.

USA Crude Oil Stocks Drop Almost 9MM Barrels WoW

Industry News - Fri, 2026-10-16 09:09
Commercial crude oil stocks, not including the SPR, came in at 415.577 million barrels on October 9, the EIA's latest weekly petroleum status report revealed.

Carney Rallies Remain Vote in Alberta

Industry News - Fri, 2026-10-16 06:31
Prime Minister Mark Carney urged voters in Alberta to reject separatism in a referendum next week.

IEA Agrees to Release of Outstanding 100MM Oil Barrels

Industry News - Fri, 2026-10-16 06:23
The International Energy Agency said that member countries agreed to complete the release of 100 million barrels of oil that are still outstanding from an intervention in March.

When Will Global Gas Demand Peak?

Industry News - Fri, 2026-10-16 06:15
GlobalData offered its view in a statement sent to Rigzone this week.

Pages

Subscribe to Oil and Gas Trades Auction Clearinghouse aggregator