Industry News

Rigzone delivers the latest headlines for Oil and Gas industry news; analysis of issues and events; practical technology for design, operation and maintenance; and important statistics on international markets and activity.

3/17/2019: Carrizo, SM Energy in Talks to Team Up

The talks come as volatile oil prices put pressure on small and midsize energy explorers to pair up to cut costs.

3/17/2019: Oil Slips

Oil slipped from near a four-month high as OPEC and its allies met in Azerbaijan Monday and recommended deferring a decision on whether to extend oil production cuts until June.

3/17/2019: Market Fundamentals Improving But Much Left to Do

Market fundamentals have been slowly improving since the latter part of last year, but much more work still needs to be done, according to Saudi Arabia's energy minister.

3/17/2019: OPEC Can Make or Break Oil's Bull Run

OPEC can make or break oil's bull run, and hedge funds are betting the cartel will keep fueling the rally.

3/14/2019: Oil Prices Up for the Week

The WTI is up 4.4 percent and the Brent 2.1 percent.

3/14/2019: US Has Fourth Straight Week of Rig Count Declines

The U.S. dropped one oil rig this week.

3/14/2019: ABB Execs Talk Tech's Impact on Oil, Gas and More

Rigzone spoke with ABB executives during the CERAWeek by IHS Markit conference about the oil and gas industry's technological evolution and sustainability in the industry.

3/14/2019: Oil, Gas Looks to Create Value in Digital Transformation

Now seems to be the perfect time for the oil and gas industry to leverage digital capabilities to achieve success in the digital transformation.

3/14/2019: Oil Expected to Rally into Summer

Merill Lynch expects oil to rally into the summer.

3/14/2019: Oil Set for Weekly Gain

Oil's poised for the best weekly rally in a month as the world's top crude producers are scheduled to discuss about extending their pledged output curbs to avert a global glut.