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Rigzone Recent News

The latest upstream oil and gas news from around the world.
  1. Oil prices rose sharply, as the dollar fell and US drillers cut rigs.
  2. Vopak says its core profit in 2017 would be lower than last year.
  3. Norwegian gas sales hit a record July high, which analysts said would deliver strong quarterly earnings for top producer Statoil.
  4. Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 million tonnes this year, TANEKO says.
  5. Vietnam's crude oil imports will soar to record highs in August as the country ramps up fuel refining at a time when local crude output is dwindling.
  6. Brazil's government and Petrobras are locked in a dispute over the value of offshore oil blocks involving an estimated $30 billion.
  7. Brazil extended through 2040 a preferential customs regime for the oil and gas industry called Repetro.
  8. A US-led 'financial blockade' has hurt PDVSA's capacity to collect payment for crude cargoes
  9. US energy firms cut oil rigs for a second week in three, data shows, with drillers cutting spending plans in reaction to declining crude prices.
  10. Rigzone explores potential salaries of electrical engineers in the United States.