
Oil Prices Ease as Traders Assess US Tariffs and OPEC+ Output Boost
Oil Prices Ease as Traders Assess US Tariffs and OPEC+ Output Boost LONDON, July 8 (Reuters) - Oil prices retreated ...

EU Parliament Approves Deal on Looser Gas Storage Rules
EU Parliament Approves Deal on Looser Gas Storage Rules BRUSSELS, July 8 (Reuters) - The European Parliament on Tuesday gave ...

North America Rig Count Drops: U.S. & Canada See Weekly Declines
North America dropped 11 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was ...

Oil Prices Drop as Fed Holds Rates, US-China Trade Tensions Linger
Oil slumped after Federal Reserve Chair Jerome Powell said officials aren’t in a hurry to adjust rates and as tensions ...

Offshore Industry 2025: Weatherford CEO on Costs, Digital Skills & Resilience
In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram discussed some of ...

How Agentic AI is Transforming the Oil and Gas Industry in 2025
That was the question Rigzone posed to Toni Fadnes, the Chief Transformation Officer (CTO) of eDrilling, which describes itself on ...

Evolution Petroleum TexMex Acquisition Boosts Oil & Gas Output
Evolution Petroleum Corporation said it completed its acquisition of non-operated oil and natural gas assets located in New Mexico, Texas, ...

Oil Prices Edge Higher but Post Weekly Loss Amid Supply Concerns
NEW YORK, April 25 (Reuters) - Oil prices edged higher on Friday but posted a weekly decline, under pressure from ...

CNOOC Makes Big Offshore Oil Discovery in China
CNOOC Ltd. announced Monday a “major” discovery in the Huizhou 19-6 oilfield in the South China Sea. Well HZ19-6-3 has ...

Crude Prices Surge After US Eases Tariffs, Despite OPEC+ Output Concerns
Oil prices surged for the first time since US President Donald Trump launched a trade war against most of America’s ...

“Oil & Gas Exploration Transformed: ILX Drilling to Dominate in 2025”
Oil and gas companies are increasingly focusing on near-field or infrastructure-led exploration (ILX) to reduce costs and risks in a ...

BP Discovers New Gas Reservoirs Offshore Egypt in West Nile Delta Expansion
In a release posted on its site recently, BP revealed another discovery offshore Egypt. The company outlined in the release ...