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Rigzone Recent News

The latest upstream oil and gas news from around the world.
  1. Both the WTI and Brent contracts faltered Thursday.
  2. Murphy Oil will sell its main Malaysia subsidiaries to PTTEP.
  3. Indonesian company Medco has upped its takeover offer for London-based Ophir Energy.
  4. American refiners looking to replace the lost Venezuelan oil aren't likely to find any solace from OPEC.
  5. The work is expected to take 34 months to complete.
  6. Thirty companies participated and submitted almost $284 million in all bids for acreage in the federal waters of the Gulf of Mexico.
  7. Aker BP has made a discovery at the Froskelar Main exploration well.
  8. From January through February, there were 90,718 total job postings for the Texas oil and natural gas industry, of which 15,375 were unique.
  9. Oil held above $60 a barrel after the biggest withdrawal of crude in American storage tanks since July raised speculation that global supplies are tightening.
  10. Both the WTI and Brent contract prices finished the day higher.