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Rigzone Recent News

The latest upstream oil and gas news from around the world.
  1. Oil prices fell the most in 11 months in New York as Saudi Arabia said it expects OPEC and its partners to boost supplies.
  2. The world's largest oil exporter just made quite a policy swerve.
  3. The initial public offering of Saudi Aramco will 'most likely' happen in 2019, the kingdom's oil minister says.
  4. US energy companies added the most oil rigs in both a week and a month since February as drillers continued to return to the well pad.
  5. A new and growing challenge for Permian oil and gas companies is handling and disposing of water.
  6. Asian spot LNG prices breached the $9 per million British thermal unit (mmBtu) mark this week.
  7. The US oil export infrastructure is straining to keep up as the country's crude oil exports hit new highs and China snaps up more of it than ever before.
  8. South Korea's purchases of sweet crudes from the United States and Africa are growing as its refiners snap up spot cargoes.
  9. Third-generation oilfield workers share their family history in the business.
  10. It's unclear whether the US will have company in re-imposing sanctions on Iran.