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The downturn in shale drilling has been so steep and brisk that oilfield companies are taking the unprecedented step of scrapping entire fleets of fracking gear.
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Big Oil Gets Bigger
Big oil has gotten a lot bigger, according to Wood Mackenzie Chairman and Chief Analyst Simon Flowers.
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Will OPEC+ Extend the Cuts?
Analysts give their take on whether or not OPEC+'s production cuts will be extended.
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Oil Prices Falter on Bearish Inventory Figures
WTI and Brent prices faltered during midweek trading.
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McDermott to Conduct Study for $850MM Refinery
McDermott would be the exclusive contractor upon final investment decision.
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Marathon Petroleum Plans New CEO to Win Investor...
Marathon Petroleum plans to announce several measures including the departure of CEO Gary Heminger in an effort to strike a truce with activist investors pushing for...
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Baker Hughes Rakes in Higher Profits in 3Q
Baker Hughes Company's net income for third quarter was $57 million, more than quadruple the amount year-over-year.
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Chevron is one of the world’s leading integrated energy companies. Our success is driven by our people and their commitment to get results the right way – by operating responsibly,...
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Oil Prices
Brent Crude Oil
60.61 / BBL
-1.62%
Light Crude Oil
55.06 / BBL
-0.87%
Natural Gas
2.69 / MMBtu
3.35%
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1.66 / gal
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Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
NACE East Asia & Pacific Area Conference
Yokohama, Japan
Nov 11 - Nov 14
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CEMENTING HEADS
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Years of offshore investments could be valueless,...
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Years of Offshore Investments Could be Valueless
Years of offshore investments could be valueless, according to Rystad Energy.
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Encana to Become US Firm with New Name
Calgary-based Encana unveiled plans to move its corporate domicile from Canada to the United States and change its name to Ovintiv.
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Weatherford Reports $821MM 3Q Loss
Struggling oilfield services company Weatherford International had a loss of $821 million in third quarter of 2019.
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Marathon Petroleum to Spin Off Retail Unit
Marathon Petroleum buckled under pressure from activist investors and announced the spinoff of its retail fuel-station business and the departure of CEO Gary Heminger.
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Seaway Eyes Pipeline Expansion
The Enterprise-Enbridge JV may add 200,000 bpd of light crude capacity to the pipeline system.
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Keystone Pipeline Shuts After Oil Spill
The Keystone crude oil pipeline was shut following a spill in North Dakota.
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Oil Prices Settle Lower Amid Demand Fears
WTI and Brent crude oil prices finished lower Thursday amid negative signs about the direction of the U.S. economy and U.S.-China trade pessimism.
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Baker Hughes
At Baker Hughes, we are transforming the future of energy. With operations in over 120 countries, we are developing and deploying industry-leading technologies and services to take energy...
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Oil Prices
Brent Crude Oil
59.62 / BBL
-1.66%
Light Crude Oil
54.18 / BBL
-1.62%
Natural Gas
2.63 / MMBtu
-2.28%
Unleaded Gasoline
1.63 / gal
-1.84%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
NACE East Asia & Pacific Area Conference
Yokohama, Japan
Nov 11 - Nov 14
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2008 CAN-RIG TM-120 Iron...
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API Standard 53 Repair /...
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THOUSANDS OF EMPLOYERS ARE SEARCHING RIGZONE TO FIND THEIR NEXT HIRE
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THOUSANDS OF EMPLOYERS ARE SEARCHING RIGZONE TO FIND THEIR NEXT HIRE
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Did you know we work with thousands of trusted oil and gas companies from across the globe? They are searching Rigzone.com on daily basis to find their next hire.
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Exxon Mobil Corp. could take a pass on what it considers...
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Rigzone Daily News
Giant Offshore Brazil Oil Discovery May Be Expensive for Exxon
Exxon Mobil Corp. could take a pass on what it considers the world's top deepwater oil discovery when Brazil puts the giant Buzios field up for auction next week.
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Exxon Posts 49 Percent Profit Loss in 3Q
ExxonMobil Corp. reported $3.17 billion in profits in the third quarter, nearly half of its profit from one year ago, according to the company's third quarter earnings...
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Oil Jumps Most in Six Weeks
Oil rises the most in six weeks on upbeat U.S. jobs data and Chinese manufacturing figures, but persistent trade-war concerns kept prices down on the week.
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US Rig Count Drops by Eight
The nation dropped five oil rigs and three gas rigs for a net loss of eight rigs, according to weekly data from Baker Hughes Co.
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US Gains 400 Upstream Jobs in October
The U.S. saw slights employment gains in both oil and gas extraction and support activities for mining, according to the BLS' job report.
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China LNG Sees Imports Slide for First Time in 3...
China's imports of liquefied natural gas are poised to drop for the first time in more than three years as buyers grapple with an outage at a key receiving terminal and...
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OPEC's oil production rebounded in October from an eight-year low as Saudi Arabia swiftly recovered from an attack on its biggest crude-processing plant.
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About Worley:
Worley delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services....
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Oil Prices
Brent Crude Oil
61.69 / BBL
3.36%
Light Crude Oil
56.2 / BBL
3.59%
Natural Gas
2.71 / MMBtu
2.95%
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1.66 / gal
1.81%
Events
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Houston, TX, US
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Long Beach, US
Nov 12 - Nov 14
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National 12P-160 Crankshaft
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Here are a few popular industry strategies for cutting...
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Oil Industry Balancing Growth, Carbon Footprint Cuts
Here are a few popular industry strategies for cutting carbon footprints.
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Oil Steady as Investors Weigh Supply-Demand Signs
Oil was steady near a one-week high as investors weigh expectations for expanding American crude stockpiles against signs of progress in the prolonged U.S.-China trade...
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England Gets Fracking Ban
The UK government revealed last weekend that fracking will not be allowed to proceed in England.
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Occidental Vows to Slash Spending
Occidental Petroleum Corp. pledged to slash spending by 40 percent next year after quarterly profit fell short of forecasts.
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Hollub Faces Investor Scrutiny
Vicki Hollub is set to face investors for the first time since leading Occidental Petroleum Corp.'s controversial $37 billion purchase of Anadarko Petroleum Corp.
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Husky Completes Prince George Refinery Sale
Husky Energy closes the sale of its Prince George Refinery to Tidewater Midstream and Infrastructure.
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Aramco Delays Payment on Sabic Deal by Four Years
Aramco's intention-to-float announcement means around three years of work on the company's IPO, which could be the largest ever, may be drawing to a close.
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Oceaneering
Oceaneering pushes the frontiers of deep water, space and motion entertainment environments to execute with new, leading-edge connections to solve tomorrow’s challenges,...
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Brent Crude Oil
62.13 / BBL
0.71%
Light Crude Oil
56.54 / BBL
0.60%
Natural Gas
2.82 / MMBtu
3.90%
Unleaded Gasoline
1.66 / gal
0.00%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
Oil & Gas Orientation
Houston, US
Nov 19
SEE ALL EVENTS
Equipment Market
Threaded Box for Test Stump
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THOUSANDS OF EMPLOYERS ARE SEARCHING RIGZONE TO FIND THEIR NEXT HIRE
Hi Oliver,
Did you know we work with thousands of trusted oil and gas companies from across the globe? They are searching Rigzone.com on daily basis to find their next hire.
You don't have a profile on Rigzone, this means you could be jeopardizing your career because employers cannot contact you about upcoming job opportunities.
Complete your profile, set it to searchable and keep it up to date. This is a quick and easy process to allow employers to reach out to you with the right job opportunity.
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Create Profile Now
We genuinely appreciate user feedback. Please don't hesitate to get in contact with us at support@rigzone.com, even if you just want to say Hello!
Thanks, Rigzone
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Manage Preferences | It is good to be aware of what employment options exist for you, but if you don�t want to receive jobs anymore, then you can unsubscribe
Chesapeake said it may not be able to continue as a...
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Chesapeake Dips, Shares 'Going Concern' Warning
Chesapeake said it may not be able to continue as a "going concern" if depressed oil and gas prices persist.
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Husky Completes Prince George Refinery Sale
Husky Energy closes the sale of its Prince George Refinery to Tidewater Midstream and Infrastructure.
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LNG Could Be Part of Interim US, China Trade Deal
China hasn't imported a cargo of US LNG since April after it placed a retaliatory 25 percent tariff on shipments last year.
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McDermott Names New CFO
McDermott reported Tuesday that it has named Chris Krummel as the company's new executive vice president, CFO, effective immediately.
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Oil Prices Continue Ascent
WTI and Brent finished higher for the third consecutive trading day.
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Permian Contract Goes to Danos
This Louisiana-fabricated compressor station component will be installed in the Permian Basin. PHOTO SOURCE: Danos
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Trump Begins Paris Climate Accord Withdrawal
President Donald Trump formally began the process of withdrawing the U.S. from the Paris climate accord on Monday.
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Featured Employer
Core Laboratories
Core Laboratories is a leading provider of proprietary and patented Reservoir Description and Production Enhancement.
Located with over 70 offices in more than 50 countries in every...
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Oil Prices
Brent Crude Oil
62.96 / BBL
1.32%
Light Crude Oil
57.23 / BBL
1.21%
Natural Gas
2.86 / MMBtu
1.40%
Unleaded Gasoline
1.67 / gal
0.60%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
Oil & Gas Orientation
Houston, US
Nov 19
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3-in X 4-in 10,000-psi Manifold
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Two shale pioneers think the days of relentless...
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Shale Oil Pioneers Say the Boom is Ending
Two shale pioneers think the days of relentless production growth from US unconventional oil fields are ending.
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Brazil's Largest Ever Oil Auction Flops
State-controlled Petrobras did most of the bidding while other major oil companies stayed away.
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US Daily Oil Output Growth Could Fall from 440K to...
Welcome to the new era of moderation for shale producers.
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Chesapeake Stock Nosedives to 20-Year Low
Shares fell as much as 24 percent intraday on Wednesday to their lowest since 1999.
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Shell Says We Have to Decarbonize Planet Earth
Shell's head of strategy says we have to decarbonize planet earth in the coming decades.
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Harvest Reports New Eagle Ford Pipeline, Terminal
The investment will serve Eagle Ford customers in the Corpus Christi and Ingleside markets.
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Oil Prices Settle Down After Gyrating
WTI and Brent crude oil futures finished lower Wednesday, concluding a trading day that transitioned from volatile to calm.
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Featured Employer
Cammach Bryant
As specialist recruiters, we deal with matters of the heart and the mind every day. Our clients need brilliant candidates and our candidates want brilliant employers – simple really. This is...
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Oil Prices
Brent Crude Oil
61.74 / BBL
-1.98%
Light Crude Oil
56.35 / BBL
-1.56%
Natural Gas
2.83 / MMBtu
-1.06%
Unleaded Gasoline
1.63 / gal
-2.45%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
Oil & Gas Orientation
Houston, US
Nov 19
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Equipment Market
42 in ID x 10 ft vert....
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Unit CO456: 2008 Stewart &...
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13-3/8 Casing Handling Tools
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support@rigzone.com | 14531 FM 529, Suite 225, Houston, TX 77095
This course was designed for recent newcomers to the industry. This well-organized, media-rich program covers the basic industry structure, functions, and commercial terms. As course topics are covered, participants will be able to view the Energy Ha...
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Nov 26
Diploma in Marine Engineering
Online study, ,
Online Professional Diploma. Learn the practices and principles of Marine Engineering, gain an internationally recognised qualification from North Kent College and move your career forward. 12 month course
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Nov 26 - Nov 27
7th Annual Cost-Effective Tight Oil & Shale Gas Water Manage...
Hotel Arts, Calgary,
Canada
Addressing Western Canada's hottest water management topics and challenges, with E&P Case Studies, Regulatory Updates, and Latest Water Treatment Technologies, to present business-driven and cost-effective solutions.
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Dec 10 - Dec 12
2nd Annual Scoop & Stack Upstream & Midstream Water Manageme...
Renaissance Oklahoma City Convention Center , Oklahoma City, OK,
US
With representation from some of the region's top E&P?s and Midstream companies, this event will directly address effective full life cycle water management methods to drive down operational expenditure. You can't afford to miss this event - the re...
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Fracking could give Colombia's oil industry a new lease...
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Fracking Could Revive Colombia's Oil and Gas Game
Fracking could give Colombia's oil industry a new lease on life.
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Encana Picks Denver for New Headquarters
Encana Corp., which is moving from Canada to the U.S., will locate its new headquarters in Denver, where CEO Doug Suttles lives.
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Permian Gas Pipeline Expansion Wins Nod
The project will more than double Agua Blanca's capacity.
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Petrobras CEO Blames High Price Tag for Auction Flop
Brazil had its second failed oil auction in two days, prompting government officials and the head of the state-run producer to criticize bidding rules.
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Weir Group Cut 450 US Jobs from Oil, Gas Division
The Weir Group, plc cut one-fifth of its oil and gas workforce in the U.S. during third quarter as it encountered weak market activity in North America.
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Oil Prices Bounce Back
WTI and Brent crude oil prices returned to positive territory Thursday, buoyed by optimism on the international trade front.
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Oil Shippers Turn to Rail Amid Keystone Pipeline...
The shutdown of one of Canada's largest crude pipelines has shippers turning to rail to move their oil.
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Weatherford
Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. We may be a large company, but we...
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Oil Prices
Brent Crude Oil
62.29 / BBL
0.88%
Light Crude Oil
57.15 / BBL
1.40%
Natural Gas
2.77 / MMBtu
-2.17%
Unleaded Gasoline
1.64 / gal
0.61%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
Oil & Gas Orientation
Houston, US
Nov 19
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Equipment Market
TWO Continental Emsco LA-400...
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Dreco 4000 E Drilling rig
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Power Tongs
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The New York AG's office dropped its claim that Exxon...
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Exxon Blasts NY for Walking Back Claims at Trial's End
The New York AG's office dropped its claim that Exxon intentionally misled investors about how it accounts for the financial risks of climate change.
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Total to Quit US Oil Lobby Group
French oil giant Total SA said it won't renew its membership of a key industry lobby group because the organization's stance on climate issues doesn't align with its own.
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Equinor Inks $325MM Deal to Sell Eagle Ford Assets...
Equinor has signed an agreement to divest its position in the Eagle Ford to Repsol for $325 million.
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US Rig Count Continues its Decline
The nation dropped seven oil rigs while the number of gas rigs remained flat.
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Honeywell on Constant Lookout for Tech Savvy Oil,...
Jason Urso, CTO of Honeywell's global software industrial automation unit, says the company wants energy enthusiasts who appreciate software-based tech.
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Oil Prices Up for the Week
The WTI and Brent crude oil benchmarks finished the day and the week in positive territory.
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Enbridge Adding More Pipeline Capacity
Enbridge Inc. is adding more pipeline capacity for Canadian oil producers this year and sees progress on the crucial C$9 billion ($6.8 billion) replacement and expansion...
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Qatar Petroleum
Qatar Petroleum is an integrated national oil company (NOC) responsible for the sustainable development of the oil and gas industry in Qatar and beyond.
Qatar Petroleum’s activities...
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Oil Prices
Brent Crude Oil
62.51 / BBL
0.35%
Light Crude Oil
57.24 / BBL
0.16%
Natural Gas
2.79 / MMBtu
0.72%
Unleaded Gasoline
1.63 / gal
-0.61%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
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Houston, US
Nov 19
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Frac Valve Repairs and...
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DOWELL PG-05 Triplex Pump
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Hassan Rouhani, the president of the Islamic Republic of...
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Rigzone Daily News
Iran Finds New 53 Billion Barrel Field
Hassan Rouhani, the president of the Islamic Republic of Iran, revealed Sunday that Iran has discovered a new oil field with 53 billion barrels of reserves.
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Oxy to Sell Permian Campus After Anadarko...
Occidental plans to sell a four-story office building in the heart of the Permian Basin and move employees into a nearby one owned by Anadarko.
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Offshore OFS Could Get Major Boost in SE Asia
Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, according to Rystad Energy.
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Saipem Makes Global Onshore Deal with Daewoo
Saipem and Daewoo E&C will cooperate on targeted onshore projects worldwide, particularly in LNG.
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Oil Prices Falter and Gas Futures Tumble
WTI and Brent crude oil futures edged downward Monday.
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Mexico Votes in New CNH President
Rogelio Hernandez Cazares has been voted in as the new president of the National Hydrocarbons Commission.
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Argentina's Shale Trove Risks Staying Buried
Drillers in Argentina are scared that interventionist economic policies will foil the world's next big shale hope.
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Featured Employer
Shell
Shell is a global group of energy and petrochemical companies that use advanced technologies and innovative approaches to help meet the world’s growing demand for...
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Oil Prices
Brent Crude Oil
62.18 / BBL
-0.53%
Light Crude Oil
56.86 / BBL
-0.67%
Natural Gas
2.64 / MMBtu
-5.68%
Unleaded Gasoline
1.61 / gal
-1.24%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
Diploma in Marine Engineering
Nov 26
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Equipment Market
11 5M T3 BOP Stack
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SCR ELECTRIC 2000HP LAND...
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YG Oilwell Type 400 Beckett...
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support@rigzone.com | 14531 FM 529, Suite 225, Houston, TX 77095
With their next meeting just weeks away, OPEC and its...
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OPEC+ Risks Oil Slump Below $50
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices.
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Offshore Oil to Peak in 2020, Then Slow Down
Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite market supply predictions.
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2019 Marks Nadir of Oil Demand Growth
This year will mark the nadir of oil demand growth over the next five years, according to a new report from Fitch Solutions Macro Research.
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Pemex Faces Payment Problems After Cyber Attack
A ransomware attack that hit Mexico's Petroleos Mexicanos is disrupting the company's billing systems.
West Texas Intermediate (WTI) and Brent oil futures posted slight losses during Tuesday's trading.
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ADNOC Makes LNG Supply Deals with BP and Total
ADNOC called its new LNG supply agreements with BP and Total 'milestones.' PHOTO SOURCE: ADNOC
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Honeywell Wins Contract for Pioneering Kuwait...
Pictured, from left, are Honeywell's Kuwait President Rachad Abdallah and KIPIC Acting CEO Hatem Al-Awadi. PHOTO SOURCE: Honeywell Process Solutions
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Featured Employer
Saudi Aramco
Every day, our multinational team of more than 70,000 people combines passion, purpose, and performance to achieve a common objective: unlocking the full potential of the Kingdom’s...
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Oil Prices
Brent Crude Oil
62.06 / BBL
-0.19%
Light Crude Oil
56.8 / BBL
-0.11%
Natural Gas
2.62 / MMBtu
-0.76%
Unleaded Gasoline
1.61 / gal
0.00%
Events
Houston, TX Career Fair
Houston, TX, US
Dec 4
Diploma in Marine Engineering
Nov 26
SEE ALL EVENTS
Equipment Market
SIOUX Explosion Proof Pressure...
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Continental Emsco FB1300
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Pump, Centrifugal, Unused...
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