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News
Who Were the Top USA Drillers, Customers in 1Q 2026?
3+ week, 2+ day ago (434+ words) and drilling customers, “providing a snapshot of market leadership based on the latest available drilling...statement. “Drilled footage is an important measure of market activity, but the broader dataset adds context...decisions”. “There’s a difference in quality out in the…...
USA-VEN Oil Deal Dubbed a 'Major Opportunity"
1+ week, 3+ day ago (1022+ words) recovery”. That’s what Rystad Energy outlined in a market update sent to Rigzone late Monday, which highlighted...
AI Could Unlock $230B for Oil, Gas, OFSE Cos, McKinsey Says
1+ week, 3+ day ago (608+ words) AI could unlock $230 billion for oil and gas and oilfield services and equipment (OFSE) companies. That’s according to a new insight from McKinsey & Company sent to Rigzone recently, which was penned by Bill Ambrose, a partner in McKinsey’s Houston, Texas,…...
USA-VEN Oil Deal Not a Near Term SPR Filler
5+ day, 21+ hour ago (685+ words) to its lowest since November 1982 and said the market is looking for additional barrels to rebuild that...
Analysts Examine Latest USA Measures Against Iran
2+ week, 4+ day ago (621+ words) against an adversary,” the release added. In a market update sent to Rigzone late Monday, Rystad highlighted...representative went on to warn that the biggest oil market risk may not be the sanctions themselves, but Iran’s...“This creates an important…...
Why Oil's War Premium Is Unwinding Again
2+ week, 3+ day ago (1635+ words) oil prices had fallen “sharply” this week “as the market increasingly senses that both Washington and Tehran...Hansen warned, however, that the physical energy market remains far from normal, “suggesting that the market is trading the prospect of improving supply…...
Goldman Flags Risk of $120 Oil
5+ day, 12+ hour ago (283+ words) “The supply shocks are bigger than in the crude market.” China is expected to continue acting as a “stabilizing force” in the crude market, reining in imports in response to elevated prices,...
Trump Announces 'Biggest Oil Deal in World History"
1+ week, 5+ day ago (567+ words) “At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than…...
LNG Uplifts Petronas H1 Profit
1+ week, 4+ day ago (467+ words) between 2029 and 2030, Petronas said. In the domestic market in H1 2026 Petronas sold 2.32 billion cubic feet...
Oil Price Supported by Renewed Geopolitical Risk
1+ week, 5+ day ago (917+ words) In a market analysis sent to Rigzone on Monday, Naeem Aslam, CIO at Zaye Capital Markets, noted...Aslam noted in the analysis that the near-term market is reacting more strongly to “immediate Hormuz...investment, infrastructure, and time before reaching the…...