Survey Shows Oil, Gas Workers Want Rich Health Benefits  | Rigzone
by  Valerie Jones | Rigzone Staff | Thursday, September 19, 2019 The industry downturn caused many companies to review their employee benefits packages while still distinguishing themselves from other industries in order to retain top talent. Part of the success of any company depends on the health of its workforce. According to Rigzone’s 2019 Ideal
Buyers of Venezuelan Oil Need to Go to Panama City  | Rigzone
by  Bloomberg | Lucia Kassai | Thursday, September 19, 2019 Buyers of Venezuelan crude used to visit the building across from Petroleos de Venezuela SA’s headquarters in Caracas. Not anymore. (Bloomberg) — Buyers of Venezuelan crude used to visit the building across from Petroleos de Venezuela SA’s headquarters in Caracas. Not anymore. Now, the place
Saudi Arabia Still Unsure of Launch Site for Oil Attacks  | Rigzone
by  Bloomberg | Vivian Nereim & Anthony DiPaola | Wednesday, September 18, 2019 Saudi Arabia said attacks on its critical oil infrastructure were “unquestionably sponsored by Iran” but stopped short of saying the strikes were launched directly from or by the Islamic Republic. (Bloomberg) — Saudi Arabia said attacks on its critical oil infrastructure were
Brazil Woos More Upstream Operators  | Rigzone
by  Matthew V. Veazey | Rigzone Staff | Wednesday, September 18, 2019 ANP wants more a more diverse array of upstream oil and gas operators in the South American country’s Pre-Salt Area. Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis (ANP), Brazil’s national petroleum agency, wants a more diverse array of upstream oil and gas
Oil Prices Edge Downward  | Rigzone

Oil Prices Edge Downward  | Rigzone

by  Matthew V. Veazey | Rigzone Staff | Wednesday, September 18, 2019 WTI and Brent crude oil prices continued their descent Wednesday following the Saudi oil facility attack-induced surge early in the week. West Texas Intermediate (WTI) and Brent crude oil prices on Wednesday continued their descent following the Saudi oil facility attack-induced surge early
A Crazy Day for Oil Leaves Traders Dazed  | Rigzone
by  Bloomberg | Javier Blas and Catherine Ngai | Wednesday, September 18, 2019 The Sunday opening of the oil market is traditionally a sedate affair. Last Sunday was different. (Bloomberg) — The Sunday opening of the oil market is traditionally a sedate affair: volumes are minimal and only a few traders in Asia, where it’s
Oil Market Gripped by Uncertainty  | Rigzone
by  Bloomberg | James Thornhill and Saket Sundria | Tuesday, September 17, 2019 Oil markets are grappling with uncertainty over how long it will take Saudi Arabia to restore output after the devastating attacks that knocked out five percent of global crude supply. (Bloomberg) — Oil markets are grappling with uncertainty over how long it
Where Does Culture Matter Most in Oil and Gas?  | Rigzone
by  Matthew V. Veazey | Rigzone Staff | Tuesday, September 17, 2019 Participants in Rigzone’s 2019 Ideal Employer Survey rank the top oil and gas industry players based on corporate culture. “Culture eats strategy for breakfast” – a quote attributed to the influential management consultant Peter Drucker – conveys the message that culture is a
Saudi Arabia Partially Restores Output  | Rigzone
by  Bloomberg | Anthony DiPaola | Tuesday, September 17, 2019 Saudi Arabia’s Abqaiq plant has restarted and is now processing about 2 million barrels a day, restoring just under half the output lost after the facility was damaged in an attack. (Bloomberg) — Saudi Arabia attempted to move beyond the worst oil disruption in its
Oil Prices Backtrack on Saudi Progress Report  | Rigzone
by  Matthew V. Veazey | Rigzone Staff | Tuesday, September 17, 2019 WTI and Brent backtracked after Saudi Aramco reported it had restored capacity at a damaged oil processing plant. A day after rising nearly 15 percent following an attack that caused Saudi Aramco to suspend 5.7 million barrels per day (bpd) of oil production,