The latest oil and gas news from around the world.
Updated: 52 min 46 sec ago
Henry Hub Reverts to Downtrend
Rigzone talks to several analysts about the U.S. natural gas price.
European Gas Swings as Higher LNG Flows Counter Mideast Tensions
European natural gas prices fluctuated.
Utica-Focused Tiburon Secures Investment from Post Oak
Tiburon also closed on an initial acquisition of leasehold in the liquids rich portion of the Utica Shale play in Ohio.
Oil, Gas Investors Should Not Sweat the Polls
Oil and gas investors shouldn't sweat the polls, Morningstar stated in a new report sent to Rigzone.
BSOG, DN AGRAR to Build 15 MW Biomethane Facility in Romania
'While commercial scale production of biomethane is well established in Western Europe, this project represents the first of its kind in Romania'.
Baker Hughes to Supply Compression Tech to Kaminho FPSO Project
Baker Hughes technology was selected because of its 'capacity to minimize emissions, eliminate routine flaring and reinject associated gas into the reservoir for storage'.
Woodside to Delist London Shares
'Trading volumes of Woodside shares on the LSE are low and delisting from the LSE will reduce Woodside's administration costs'.
Path of Oil Prices in October Has Been Erratic, Standard Chartered Says
'The path of oil prices in October to date has been as erratic as its September gyrations'.
3 Japanese Firms Bag Design Contract for CCS Project in Hokkaido
The consortium will conduct specific technical studies on CO2 separation and capture as well as CO2 transport and storage.
Petrobras Consortium Inks 3 More Concession Contracts in Pelotas Basin
The signing of these contracts is 'in accordance with the company's long-term strategy with the aim of diversifying its portfolio,' Petrobras said.
Kinaxis, ExxonMobil to Develop Energy Supply Chain Management Solution
Kinaxis and ExxonMobil will focus on a supply and demand planning solution for the complicated fuel commodities market.
EU Energy Chief Warns Firms Seeking to Keep Russia-Ukraine Gas Transit
'There are no excuses, the EU can live without this Russian gas'.
Mission Zero Technologies Begins Deployment of Its First International DAC
Mission Zero's DAC system will be deployed at Deep Sky's carbon removal innovation and commercialization center in Canada.
Aramco Cancels Saudi Chemical Project as It Focuses on Asia
Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom.
Oil Prices Plummet as Israel Eases Iran Strike Fears
Oil prices plunged after reports suggested Israel may avoid targeting Iran's oil infrastructure, shifting focus back to expectations of a supply glut in early 2025 and weakening demand forecasts from OPEC.
Phoenix's Rapid Drilling Progresses Fuels Production Growth
'We aim to be the most efficient operator in the Williston Basin in both cost and well performance'.
Newsom Signs Law Requiring Spare Fuel Reserves in California
The law is meant to prevent price spikes but the industry called it a rushed action to 'smokescreen' a growing list of restrictive policies burdening Californians.
Macquarie Strategists Forecast USA Crude Inventory Build
Macquarie strategists are forecasting that U.S. crude inventories will be up for the week ending October 11.
Baker Hughes to Deploy AI Solutions Across Repsol Assets
'Artificial intelligence is revolutionizing energy production, and Leucipa enables companies to operate more efficiently to recover more from their assets'.
IEA Says Oil's Geopolitical Risks Are Offset by Plentiful Supplies
'Heightened oil supply security concerns are set against a backdrop of a global market that - as we have been highlighting for some time - looks adequately supplied'.
