Where Service is Paramount!

Rigzone Industry News

1. Oil Bounces Off 10-Month Lows; Crude Glut Still Weighs

   Oil rises a day after hitting 10-month lows, but market sentiment remains negative.

2. BLOG: How Likable is Your CEO?

   One website asked users to rate energy CEOs. Read on to see which ones are most likable.

3. Qatar Expats Say Leave Canceled, Travel Restricted After Arab Rift

   Expatriates working in Qatar say their employers had canceled holidays and barred them from leaving the country in the wake of a rift with other Arab powers.

4. Rig Trends: Offshore Rig Market Recovery Reports Premature

   For quite some time now, many oilfield analysts have reported the beginning of a recovery in offshore rig demand.

5. Traders Test OPEC 'Whatever It Takes' Resolve To Defend Oil Price

   When OPEC leader Saudi Arabia pledged in May to do 'whatever it takes' to defend world oil prices, it didn't expect the market to be testing its resolve just one month later.