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Rigzone Recent News

The latest upstream oil and gas news from around the world.
  1. Futures in New York rebounded somewhat on Friday but still ended the week down 6.6 percent.
  2. The U.S. dropped five oil rigs and gained one gas rig for a net loss of four rigs this week.
  3. High-impact drilling is rebounding amid a changing competitive landscape.
  4. Senior economist for the Dallas Fed shares how oil and gas companies can spend less money, keep the rig count flat and grow production.
  5. U.S. shale producers that have reined in growth plans to mollify investors are facing more pressure to slash their own pay and gut bloated offices.
  6. Delek US Holdings plans more enhancements to its refinery in Krotz Springs, La.
  7. Mexico is seeking as much as $7.3 billion worth of tax breaks for Petroleos Mexicanos in 2020 and 2021, according to a document sent to Bloomberg.
  8. At the heart of both price moves is the foreign and economic policy of Donald Trump.
  9. Independent Oil and Gas announces the appointment of Neil Hawkings as an independent non-executive director of the company.
  10. Jefferies is maintaining that negative supply side risks are more material than perceived demand risks.