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The latest upstream oil and gas news from around the world.
Rigzone.com News
  1. Market Fundamentals Improving But Much Left to Do
    Market fundamentals have been slowly improving since the latter part of last year, but much more work still needs to be done, according to Saudi Arabia's energy minister.
  2. Oil Slips
    Oil slipped from near a four-month high as OPEC and its allies met in Azerbaijan Monday and recommended deferring a decision on whether to extend oil production cuts until June.
  3. OPEC Can Make or Break Oil's Bull Run
    OPEC can make or break oil's bull run, and hedge funds are betting the cartel will keep fueling the rally.
  4. Woodside Invests in Cyber Security Company
    Woodside Energy has invested in Sapien Cyber Ltd, a Western Australian cyber security firm.
  5. Egypt Ready to Rejoin LNG Exports Club
    Sources say state gas company EGAS tendered to sell four cargoes of LNG for loading in April.