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Rigzone Industry News

1. Ransomware Shuts Gas Compressor

   A recent ransomware attack caused a U.S. natural gas compressor facility to shut for two days.

2. Oil Demand Growth to Quintuple Next Year

   Global oil demand growth will drop to 0.44 million barrels per day this year but rebound to 2.34 MMbpd in 2021.

3. OGUK Responds to Coronavirus

   Industry body Oil & Gas UK has issued a comment on the coronavirus, following concerns regarding the new virus in the UK.

4. Supply Risks Push Crude Back Toward $60

   Oil jumped back above $58 a barrel and was set for the longest run of gains in more than a year.

5. Oil Flat After Rosneft Sanctions Offset Demand Fears

   Sanctions on Russia's largest producer eased losses driven by lingering concerns that coronavirus will cut demand.