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Rigzone Industry News

1. Oil, Gas Industry is Embracing its 'Big Data Tsunami'

   The industry's nervousness about storing data off-site is disappearing as machine learning and volumes of big data make cloud computing an inevitable reality.

2. UK Concerned About Seized Vessel Crew Safety

   The UK is very concerned about the safety and welfare of the 23 crew members of the seized Stena Impero vessel.

3. Oil Advances as Gulf Tensions Remain Elevated

   Oil extended gains as tensions in the Persian Gulf remained elevated after Iran seized a British tanker.

4. Oil Leaps as Persian Gulf Tensions Increase

   Oil climbs after Iran's Revolutionary Guard Corp said it seized a British-flagged tanker in the Strait of Hormuz, raising stakes in the critical oil chokepoint.

5. US Drops Five Oil Rigs

   The U.S. saw another week of rig declines, according to Baker Hughes, a GE Company.