Rigzone Oil & Gas Headlines
- Oil notched its fourth straight weekly gain, the longest run since July.
- The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska's National Petroleum Reserve.
- The U.S. Energy Information Administration revealed its latest West Texas Intermediate spot price forecasts in its January short term energy outlook.
- BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday.
- Unite announced that more than half of the members of Scottish parliament have backed its North Sea oil and gas No Ban Without a Plan campaign.
- ADNOC Gas installed Levidian's patented technology that generates hydrogen and graphene from methane at the Habshan gas processing plant complex in Abu Dhabi.
- There are two main approaches under consideration by the Trump team.
- Oil prices retreated from recent highs as markets adjusted to Russian sanctions, mixed signals from President-elect Trump, and shifting demand dynamics.
- A blast of extreme cold is poised to descend on the central U.S. this weekend before spreading to New York and the rest of the East Coast.
- The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy outlook.