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Rigzone Recent News

The latest upstream oil and gas news from around the world.
  1. Sonatrach plans to send oil abroad for refining as it seeks to lower a fuel bill that reached a record $2.5 billion last year.
  2. Indian Prime Minister Narendra Modi launches the construction of a $6.8 billion refinery in the western state of Rajasthan.
  3. Gas utility GAIL (India) Ltd renegotiates the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom.
  4. The finalists for the Offshore Achievement Awards have been revealed.
  5. Japan sees little chance of the oil spill from a stricken Iranian tanker that sank on Sunday in the East China Sea reaching its shores.
  6. The Norwegian Petroleum Directorate grants Spirit Energy Norge AS a drilling permit for well 6506/9-4 S.
  7. BP expects to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results.
  8. Royal Dutch Shell plc's decision to go ahead with the redevelopment of the Penguins oil and gas field marks the end of the cautious North Sea era.
  9. Husky Energy, the best oil-sands stock last year, may emerge as a top pick for investors.
  10. The standout feature of China's crude oil and product trade data for December was the surge in exports of refined fuels to a record, but it already appears that this dynamic may not be sustainable.
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