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USA Oil, Gas Workforce Hits Lowest Figure So Far in 2026

13 November 2026, 12:32pm
The number of employees in the oil and gas extraction industry hit its lowest figure so far this year, data on the U.S. Bureau of Labor Statistics website showed.
Read more... (source: www.rigzone.com)

Aramco, PIF Close HUMAIN AI Deal

13 November 2026, 11:22am
The deal involves approximately $2.6 billion in cash contributions in 2026 from Aramco to HUMAIN, in addition to AI, compute, and digital assets.
Read more... (source: www.rigzone.com)

Eni Plans Nearly $15B Gross Investment in UK through 2030

13 November 2026, 10:53am
Eni unveiled plans for around GBP 11 billion in 'gross investments' in the United Kingdom between 2026 and 2030, focused on lower-carbon projects.
Read more... (source: www.rigzone.com)

IEA Sees Oil Surplus for First Time in Iran War

13 November 2026, 9:36am
'The oil market is showing tentative signs of rebalancing, with global oil supplies surpassing demand for the first time since the outbreak of the war in Iran'.
Read more... (source: www.rigzone.com)

Oil Rises as Trump Dims Iran Deal Hopes

12 November 2026, 9:50pm
Oil prices rose more than 3% as Trump's comments dampened hopes for a diplomatic breakthrough with Iran.
Read more... (source: www.rigzone.com)

VEN Sends First Oil Gear in Years to USA for Repairs

12 November 2026, 9:00pm
Venezuela is sending state-owned oil equipment to the U.S. for repairs for the first time in more than a decade.
Read more... (source: www.rigzone.com)

Trump Admin Unveils New Plan to Sell Federal Land

12 November 2026, 4:20pm
The Trump administration has unveiled plans to sell public land as part of a new strategy laying out Interior Department goals.
Read more... (source: www.rigzone.com)

Naftogaz Gets Dutch Grant to Secure Winter Gas

12 November 2026, 4:09pm
Ukraine's state-owned Naftogaz secured an agreement for a Dutch government grant of over $25 million through the EBRD to help secure natural gas supply, as Ukraine and Russia continue to exchange attacks on energy infrastructure.
Read more... (source: www.rigzone.com)

USA DOE Closes $480MM Loan to Expand American Energy Output

12 November 2026, 3:30pm
The U.S. Department of Energy's Office of Energy Dominance Financing announced the financial close of a $480 million loan for Arena Energy's Project Elkhorn.
Read more... (source: www.rigzone.com)

EIA Raises 2026, 2027 Oil Price Forecasts Yet Again

12 November 2026, 3:22pm
The U.S. Energy Information Administration raised its 2026 and 2027 Brent oil spot price forecasts yet again in its latest short term energy outlook.
Read more... (source: www.rigzone.com)

Uniper Starts Green Hydrogen Production at Central German Energy Park

12 November 2026, 3:06pm
Uniper and VNG H&V began producing renewable hydrogen at a 30-megawatt electrolysis plant at Energiepark Bad Lauchstadt, a federally funded project that developers describe as an industrial-scale laboratory for the entire hydrogen value chain.
Read more... (source: www.rigzone.com)

EIA forecasts Alaskan crude oil production to grow 13% in 2027

12 November 2026, 2:00pm
After decades of decline, crude oil production in Alaska is growing, driven by two projects on Alaska's North Slope. In our latest Short-Term Energy Outlook, we expect a 23,000 barrels per day (b/d) (6%) increase in 2026, followed by a 60,000 b/d (13%) rise in 2027. At a forecast 505,000 b/d in 2027, output would be the most since 2014.
Read more... (source: www.eia.gov)

Analyst Flags Oil's Biggest Threat

12 November 2026, 11:16am
Terri-Leigh Bennett, Chief Operating Officer of CMS Prime, flagged oil's biggest threat in an analysis piece sent to Rigzone.
Read more... (source: www.rigzone.com)

Flex LNG Posts Record Q3 Revenue but Sees 'Muted' Spot Market Ahead

12 November 2026, 10:01am
Flex LNG logged $34.97 million in net profit adjusted for nonrecurring items for the third quarter, up from $23.52 million for the same three-month period last year as the LNG shipper posted its highest-ever revenue for the July-September period.
Read more... (source: www.rigzone.com)

Norway Regulator Widens Audit of AI Deployment in Oil Industry

12 November 2026, 9:50am
The Norwegian Ocean Industry Authority is reviewing how oil and gas companies vet artificial intelligence systems and manage risks from AI use in their workflows.
Read more... (source: www.rigzone.com)

Gulf Overtakes Russia in Oil Sales to India

12 November 2026, 9:25am
Crude shipments reaching India through the crucial Middle East chokepoint have climbed to 2.1 million barrels a day so far this month, surpassing Russian imports of 1.8 million barrels a day, according to Kpler.
Read more... (source: www.rigzone.com)

Oil Rebounds Amid Mixed Iran War Signals

11 November 2026, 9:27pm
Oil prices rose as uncertainty over the Iran war offset growing Persian Gulf supplies.
Read more... (source: www.rigzone.com)

How Did USA Upstream M&A Look in Q3 2026?

11 November 2026, 3:07pm
U.S. upstream M&A hit $12.6 billion in the third quarter of 2026, Enverus Intelligence Research revealed.
Read more... (source: www.rigzone.com)

Petrobras Results Disappoint

11 November 2026, 2:50pm
Brazil's state-controlled oil producer Petrobras posted lower-than-expected earnings.
Read more... (source: www.rigzone.com)

Saudi Oil Production Surges to One of Highest Levels in Years

11 November 2026, 2:40pm
Saudi Arabia told OPEC that its crude oil production climbed 26 percent in October to one of the highest monthly levels in years.
Read more... (source: www.rigzone.com)

USA Gasoline Falls Below $4 for 1st Time Since August

11 November 2026, 12:26pm
U.S. gasoline fell below $4 per gallon for the first time since August, but the midterm elections weren't the cause, a new GasBuddy blog outlined.
Read more... (source: www.rigzone.com)

U.S. crude oil imports from Venezuela in July were highest since 2017

6 November 2026, 2:00pm
In July 2026, U.S. imports of crude oil from Venezuela averaged 701,000 barrels per day (b/d), the most since May 2017, before decreasing to 655,000 b/d in August, according to data published in our Petroleum Supply Monthly
Read more... (source: www.eia.gov)