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Matador Completes Ridge Runner Acquisition from EnCap

12 October 2026, 2:42pm
Matador Resources completed the acquisition of two portfolio companies of EnCap Investments that are operating in the Delaware Basin.
Read more... (source: www.rigzone.com)

North America Adds Rigs for 3 Straight Weeks, BH Count Shows

12 October 2026, 2:25pm
North America added 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read more... (source: www.rigzone.com)

Zelenskyy Risks Split with Trump

12 October 2026, 2:15pm
Ukrainian President Volodymyr Zelenskyy is on a collision course with President Donald Trump.
Read more... (source: www.rigzone.com)

Shell Comes In after BP Exits Equinor Oil Project offshore Canada

12 October 2026, 11:38am
'The transaction supports the continued maturation of Bay du Nord towards an investment decision currently targeted for early 2027'.
Read more... (source: www.rigzone.com)

Eni Sells Part of Stake in 7 Indonesian Blocks

12 October 2026, 11:07am
'Pertamina's participation as the national oil and gas company in these assets is expected to directly support and accelerate the Kutei North Hub Project (North Ganal and Rapak blocks)'.
Read more... (source: www.rigzone.com)

USA Oil, Gas Workforce Hits Post Pandemic September Low

12 October 2026, 10:43am
The number of employees in the oil and gas extraction industry hit a post pandemic September low, data on the U.S. Bureau of Labor Statistics website showed.
Read more... (source: www.rigzone.com)

Energy Market Mistaking Adaptation for Normalization

12 October 2026, 9:29am
The energy market continues to mistake adaptation for normalization, Standard Chartered Bank Energy Research Head Emily Ashford said.
Read more... (source: www.rigzone.com)

Saudi Says Energy Export Capability Intact

12 October 2026, 8:39am
Saudi Arabia's ability to supply energy remains resilient amid major market and security turmoil, Energy Minister Prince Abdulaziz bin Salman said, as the kingdom suffers attacks on energy and aviation infrastructure.
Read more... (source: www.rigzone.com)

Eni Completes Landmark Installation for Liverpool Bay CCS

11 October 2026, 11:00am
Eni completed installing what it said is 'the first purpose-built offshore platform dedicated to carbon capture and storage for industrial decarbonization in the world'.
Read more... (source: www.rigzone.com)

Russia's Oil Product Exports Rise

10 October 2026, 12:00pm
Russia's oil product shipments climbed to a three-month high in September.
Read more... (source: www.rigzone.com)

Oil Advances Amid War and Hurricane Risks

9 October 2026, 8:28pm
Oil prices edged higher as Middle East tanker attacks and Hurricane Isaias heightened supply concerns.
Read more... (source: www.rigzone.com)

Australia to Release Final Plan to Keep More LNG at Home

9 October 2026, 8:00pm
Australia is set to unveil the final version of a controversial plan to force liquefied natural gas producers to reserve as much as a fifth of their output for local buyers.
Read more... (source: www.rigzone.com)

Crescent Buys Devon Eagle Ford Business for $4.2B

9 October 2026, 2:40pm
'Selling a relatively mature asset into a strong commodity price environment improves our go-forward capital efficiency and allows us to accelerate share buybacks, strengthen our balance sheet and increase long-term value for shareholders'.
Read more... (source: www.rigzone.com)

Pacific Coast Energy Secures Agreements with PdVSA to Revive Oilfields

9 October 2026, 2:16pm
With a projected capital of $3.5 billion, the agreed program for the onshore Cabimas and Delta blocks forecasts production of up to 150,000-160,000 bpd for over 10 years.
Read more... (source: www.rigzone.com)

USA Crude Oil Stocks Drop Over 3MM Barrels Week on Week

9 October 2026, 2:04pm
Commercial crude oil stocks, not including the SPR, came in at 424.134 million barrels on October 2, the EIA revealed.
Read more... (source: www.rigzone.com)

Ukraine Says It Attacked 4th Russian Refinery This Week

9 October 2026, 1:42pm
Ukraine said it attacked Lukoil PJSC's Ukhta oil-processing plant, the fourth Russian refinery it's hit so far this week.
Read more... (source: www.rigzone.com)

IEA Members Support Oil Stock Release Acceleration

9 October 2026, 11:17am
IEA member governments 'expressed support for accelerating the oil stock releases announced in the Collective Action of March 2026', IEA Executive Director Fatih Birol said.
Read more... (source: www.rigzone.com)

Equinor Discovers More Gas at Gullfaks

9 October 2026, 10:27am
'These will be profitable barrels that can help maintain activity and production on the Gullfaks field'.
Read more... (source: www.rigzone.com)

129 Gulf Platforms Evacuated as Isaias Gets Stronger

9 October 2026, 9:36am
That represents 34.77 percent of the 371 manned platforms in the Gulf of America, the Marine Minerals Administration highlighted.
Read more... (source: www.rigzone.com)

Saudi, UAE Join Push for SE Asian Oil Reserves

9 October 2026, 8:45am
Saudi Arabia and the United Arab Emirates will support a Japanese initiative to bolster oil supplies in Southeast Asia after war-driven disruptions heightened concerns over energy security.
Read more... (source: www.rigzone.com)

Mixed outlook for energy expenditures this winter

7 October 2026, 2:00pm
We expect energy expenditures this winter to vary because of diverging trends in energy prices among fuels and regional variation in forecast temperatures. We expect that lower prices for natural gas and propane will drive decreases in expenditures this year for the half of U.S. households heating with those fuels. Higher prices for electricity and heating oil drive increased expenditures for households heating with those fuels in our forecast.
Read more... (source: www.eia.gov)