Rigzone Industry News

The U.S. Energy Information Administration expects global liquid fuel production to outpace demand in 2023 and 2024.

Oil posted its lowest close in more than a week as investors sought to avoid being caught on the wrong side of the jobless claims number scheduled for release tomorrow.

Texas oil and gas companies and workers convened in Austin at an event to highlight the importance the industry has to the state.

The U.S. Energy Information Administration lowered its Brent and West Texas Intermediate oil price forecasts for 2023.

Regulators on Tuesday ordered the company to reduce operating pressure along the entire Keystone system.

'Offshore oil and gas production isn't going anywhere, and the sector matters now possibly more than ever'.

'There can be no certainty either that an offer will be made nor as to the terms on which any offer might be made'.

OPEC's top official said slowing oil demand in Europe and the US are posing a concern for the global market.

Pantheon Resources completed the cleanout of the sand blockage at Alkaid #2.

IOG started drilling Blythe H2 well in the early morning of March 5, 2023.