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.

8/15/2018: US Safety Board Links Plugged Drill Pipe To Oklahoma Well Fire

There were signs that a natural gas well was not fully sealed before it exploded in January, killing five workers, the US Chemical Safety Board says.

8/15/2018: Crude Oil Settles Near Intraday High

The September WTI oil futures prices ended Thursday's session six cents shy of the intraday high.

8/15/2018: BLOG: The Job of Keeping Offshore Workers Well-Fed Never Ends

Find out what goes into keeping an offshore facility's galley operating 24/7.

8/15/2018: Workers To Strike At Three Total North Sea Oil And Gas Platforms On Aug. 20

Workers at three of Total's North Sea oil and gas platforms will go ahead with a 24-hour strike on Monday despite holding talks with the company.

8/15/2018: Oil Edges Up As China,US Set Trade Talks But Markets Wary Of Slowing Demand

Oil prices on Thursday clawed back some of the previous day's losses.

8/14/2018: Oil Tumbles on Surprise Build in US Crude Inventories

Oil futures slide, with U.S. crude settling 3 percent lower after government data showed a surprise weekly increase in domestic crude stockpiles, compounding worries about the global economic growth outlook.

8/14/2018: Exec: Upstream Culture Looking More Downstream

Pressure to drive down breakeven cost contributes to upstream culture shift.

8/14/2018: Diamondback's Energen Acquisition Will Create Synergies in Permian

Diamondback's purchase of rival Energen signifies a move toward consolidation, according to Rystad Energy.

8/14/2018: Analysts: Oil Price Rise to Drive Up Drilling Globally

The rise in oil prices will continue to drive up drilling activity globally over the second half of the year and 2019, according to oil and gas analysts at Fitch Solutions Macro Research.

8/14/2018: Union, Total to Hold Discussions Thursday

UK union Unite will hold discussions with Total on August 16 to try and reach a resolution to a dispute which has seen Unite carry out strikes on the Alwyn, Dunbar and Elgin rigs in the North Sea.