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Rigzone Recent News

The latest upstream oil and gas news from around the world.
  1. Oil rebounded as a risk-on appetite is seen coming back into financial markets.
  2. The US EPA has backed off a series of proposed changes to the nation's biofuels policy after a massive backlash.
  3. PDVSA is increasingly delivering poor quality crude oil to major refiners in the United States, India and China.
  4. US natural gas stocks continue to tighten, but most traders appear unconcerned.
  5. US energy regulators will pay attention to natural gas supply issues in Southern California and New England this winter.
  6. America's drillers are looking for a cheaper and quicker route.
  7. Egypt is paring down its requests for liquefied natural gas.
  8. Asian spot LNG prices fell this week.
  9. The US oil rig count fell for a third week in a row, extending a two-month drilling decline.
  10. At least one person was killed and another was missing on Friday after an oil barge being pulled by a tug boat caught fire and exploded.