Industry News

Oil Futures Volatility Returns

Industry News - Tue, 2026-06-09 14:47
Crude markets swung lower despite ongoing supply disruptions.

Kuwait Offers Oil to Asian Buyers for 1st Time Since War

Industry News - Tue, 2026-06-09 10:18
Kuwait is offering to sell its crude to refiners in Asia for the first time since the Iran war started.

BP CEO Shakes Up Structure

Industry News - Tue, 2026-06-09 09:41
New BP Plc Chief Executive Officer Meg O'Neill reorganized the energy giant's leadership and reporting structures.

North America Keeps Adding Rigs

Industry News - Tue, 2026-06-09 09:35
North America added eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Qatar Quietly Sends LNG Tanker Through Hormuz

Industry News - Tue, 2026-06-09 08:49
Another liquefied natural gas shipment from Qatar transited the Strait of Hormuz over the weekend, according to ship data.

WoodMac Finds 'No Consensus' on Gulf Crisis Resolution

Industry News - Tue, 2026-06-09 06:07
Wood Mackenzie 'found no consensus' on when the Gulf 'crisis' will be 'resolved' at its latest annual gas and LNG conference held in London recently, a statement sent to Rigzone by the company revealed.

Oil Gives Back Most of Monday Gains

Industry News - Tue, 2026-06-09 04:53
Oil gave back most of Monday's gains today, Saxo Bank highlighted.

Giant Oil Supertanker Orders Eclipse Record

Industry News - Tue, 2026-06-09 03:42
The world's shipowners have placed orders for a record number of new oil supertankers.

Texas Gas Drillers Shut Out of Oil Price Rally Shut Off Wells

Industry News - Mon, 2026-06-08 16:00
Two extremes are currently playing out in the Permian Basin.

Oil Climbs as Israel, Iran Pause

Industry News - Mon, 2026-06-08 14:58
Oil price rise was stunted as Israel and Iran signaled they may avoid further escalation.

Texas RRC Reveals Latest Oil, Gas Output Figures

Industry News - Mon, 2026-06-08 10:12
The Railroad Commission of Texas revealed its latest preliminary crude oil and natural gas production figures, which were for March this year.

ECA LNG in Mexico Starts Production

Industry News - Mon, 2026-06-08 09:58
Sempra Infrastructure expects to launch commercial operations at the 3.25-MMtpa project in a few months.

Alaska Oil, Gas Lease Auction Draws Just 2 Bidders

Industry News - Mon, 2026-06-08 09:47
Only two bidders participated in the Trump administration's auction for drilling leases in Alaska's Arctic National Wildlife Refuge.

Philippines Taps Japan to Help Build Oil Reserve

Industry News - Mon, 2026-06-08 08:40
Japan agreed to help the Philippines establish a government-owned oil stockpile, while Manila is also pushing for a Southeast Asian reserve as ASEAN chair this year.

OPEC+ 7 Decide to Boost Production in July

Industry News - Mon, 2026-06-08 08:17
Rystad said the production increases 'will have little to no real impact on the oil markets'.

BGN Orders 2 More LPG VLGCs from HD Hyundai

Industry News - Mon, 2026-06-08 07:09
BGN has now ordered 6 new LPG VLGCs from the South Korean shipbuilder, all to be delivered 2029.

Oil Rebounds on Fresh Middle East Supply Risk Pricing

Industry News - Mon, 2026-06-08 05:56
Zaye Capital Markets sees today's oil price move 'as a geopolitical premium rather than a clean demand rally'.

Eni Gets Exploration Block offshore Gambia

Industry News - Mon, 2026-06-08 01:30
'The block is located in a region of the Atlantic margin with proven hydrocarbon discoveries'.

Israel Fires Back at Iran after Missile Attacks

Industry News - Sun, 2026-06-07 22:50
Israel said it struck several military targets in Iran, retaliating against missile attacks by Tehran despite Trump's call for Netanyahu to refrain from hitting back.

OPAL Fuels, GFL Agree 2 Landfill Gas Projects

Industry News - Sun, 2026-06-07 06:00
GFL and OPAL Fuels agreed on 2 joint projects to enable renewable natural gas production at the Stones Throw Landfill in Tallapoosa County, Alabama and the Grady Road Landfill in Polk County, Georgia.

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