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Rigzone Recent News

The latest oil and gas news from around the world.
  1. Blackstone is considering selling its stake in Cheniere Energy, seven years after agreeing to invest about $1.5B in the owner of the first major LNG export terminal in the U.S.
  2. Azerbaijan's state oil company is turning to Russia to supply a new $6.3 billion refinery it built in Turkey because shipments from one of its preferred suppliers - Iran - are off the table.
  3. 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.
  4. Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports.
  5. Halliburton's second quarter earnings are a mixed bag as the oilfield services company sees profits plummet while international operations increase revenues.
  6. Libyan oil production is set to recover from a five-month low as the North African supplier's biggest field restarts following a brief halt.
  7. Philadelphia Energy files for bankruptcy protection as the fuel-making company grapples with the aftermath of a June explosion and fire at its oil refinery.
  8. The UK is very concerned about the safety and welfare of the 23 crew members of the seized Stena Impero vessel.
  9. Offshore oil and gas operators in the Gulf of Mexico are resuming normal operations following tropical storm Barry.
  10. Oil extended gains as tensions in the Persian Gulf remained elevated after Iran seized a British tanker.