News

  • Most Oil Companies Falling Behind in Cyber-Attack Preparedness
    Most oil and gas companies are falling behind when it comes to cyber-attack preparedness, according to a report from Deloitte. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • BLOG: Don’t Sell Yourself Short in a Job Search
    Rigzone to present series on personal selling for job-seekers. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • Workers Sense Skills Shortage in Industry
    Oil and gas workers believe there is a skills shortage in the industry, according to a new report from Petroplan released Tuesday. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • Maersk Says Global IT Breakdown Caused By Cyber Attack
    AP Moller-Maersk, which handles one out of seven containers shipped globally, said a cyber attack had caused outages at its computer systems across the world. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • Canada M&A Hits Decade-High as Foreign Owners Flee Oil Sands
    Mergers and acquisitions in Canada are set for the strongest start in a decade as foreigners sell their oil sands investments. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • Oil Up Almost 2% On Weaker Dollar, Short-Covering
    Oil prices rise nearly 2% and hit a one-week high. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • OpEd: OPEC Production Cuts Fail, Markets Pay for Underestimating US Shale
    The next round of cuts to the oil and gas industry may slash the North American rig count. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • Cyber Attack Hits Oil Giant And Banks In Russia And Ukraine
    Rosneft said a large-scale cyber attack hit its servers and computer systems at some banks and the main airport in neighboring Ukraine were also disrupted. ... read more
    Source: Rigzone.comPublished on 2017-06-27
  • 5 Big Plays As Gold Markets Heat Up
    Growing geopolitical tensions and ''Trumpflation'' have spurred a dramatic increase in safe haven demand...and the ongoing Bitcoin craze clearly proves it. Bitcoin prices have more than doubled in the year-to-date, while those of its closest peer, Ethereum, are up an eye-popping 4,500 percent. Yet, extreme volatility by digital currencies makes ... read more
    Source: OilPrice.comPublished on 2017-06-26
  • Have Hedge Funds Set Oil Markets Up For A Rebound?
    Hedge funds and other major investors have soured on oil prices, and the pessimistic turn has corresponded with the deep selloff in recent weeks. Since the beginning of June, the long positions held by speculators have been liquidated and they have moved to scoop up short bets equivalent to 162 ... read more
    Source: OilPrice.comPublished on 2017-06-26
  • Middle East At Point Of No Return As Saudi-Qatar Rift Deepens
    Saudi King Salman’s decision to appoint his son Mohammed Bin Salman (MBS) as the new crown prince did not come as a surprise. For months, the power struggle between former crown prince Mohammed Bin Nayef (MBN) and MBS happened in plain sight, and a confrontation was imminent. However, King Salman ... read more
    Source: OilPrice.comPublished on 2017-06-26
  • Largest Coal Consuming Countries Increase Appetite In First 5 Months of 2017
    Coal mining in the United States, India, and China – the world’s three biggest coal consumers – has increased in 2017, reversing a downward trend in the use of carbon-heavy fossil fuel in recent years, according to the Associated Press. Coal production through May is up by 6 percent, or ... read more
    Source: OilPrice.comPublished on 2017-06-26
  • After Poland, Lithuania Becomes U.S. LNG Buyer
    Seeking to diversify its gas imports away from Russia’s giant Gazprom, Lithuania’s state-held gas trader Lietuvos Duju Tiekimas said on Monday that it had signed a deal with Cheniere Marketing International to buy LNG directly from the U.S., adding to the growing list of customers of America’s LNG cargoes. The Lithuanian ... read more
    Source: OilPrice.comPublished on 2017-06-26
  • Kurdistan Targets Saudi Market Share In The U.S.
    Kurdish oil is headed for the United States this week, further buttressing the semiautonomous region’s economic independence as Erbil prepares for a referendum on political independence later this year. An estimated 650,000 barrels of oil, mostly extracted from the Kirkuk field located in Kurdistan, departed the Mediterranean Sea on June 20th, ... read more
    Source: OilPrice.comPublished on 2017-06-26
  • The Eagle Ford Rebound Needs $48 Oil
    The oil price crash that started in 2014 has affected not only corporate profits and drilling plans. It has had a huge economic impact on the areas around the U.S. shale plays. The 21 counties directly or indirectly involved in production of Eagle Ford in South Texas saw a record-high ... read more
    Source: OilPrice.comPublished on 2017-06-26
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