Industry & Analysis

The Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of November following five months of consecutive growth.

The Railroad Commission of Texas assessed $1,405,949 in enforcement docket fines against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry.

The Energy Workforce & Technology Council have released a statement in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports.

The American Petroleum Institute (API) have released a statement in response to the U.S. Environmental Protection Agency's (EPA) granting California’s request for a Clean Air Act waiver for the Advanced Clean Cars II (ACC II) Light- and Medium-Duty Vehicle Standards.

The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) have issued separate statements in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports.

After extensive reviews of public comments and stakeholder input, the Railroad Commission of Texas has adopted a significant overhaul of rules regulating oil and gas waste management facilities in Texas.

(Bloomberg) – Kosmos Energy Ltd. and Tullow Oil Plc both acknowledged early merger talks on Thursday, following media speculation. Together, the companies would create an Africa-focused explorer with production exceeding 120,000 boed.

An independent Texas oil and gas producer is striking back against a group of insurance companies, which are seeking $250 million in collateral beyond what the oil company has already contracted for bonds backing its production activities.

The Railroad Commission of Texas has hired two seasoned veterans who will help the agency navigate legislative affairs and oversee day-to-day engagement and outreach with the public and the media.

A coalition of oil and gas trade associations, representing over 80% of U.S. domestic production, has issued an urgent call to House Speaker Mike Johnson for immediate action on permitting reform before the close of the 118th Congress.

Enverus Intelligence® Research (EIR) has released its latest Fundamental Edge report, which focuses on global drivers for oil and gas prices through 2030, the five-year oil and gas supply and demand outlook and price forecasts.

Join us for an exclusive webcast, during which Gulf Energy Information's expert editors will deliver deep insights into President Trump’s policies' impact on global energy markets. This webcast will explore recent shifts in U.S. energy policies and their global repercussions. Key topics include regulatory changes, adjustments in subsidies and taxes, and potential impacts on the oil, gas, and renewable energy sectors worldwide. We will explore the ramifications of the U.S. emerging as a net energy exporter and its impact on global supply chains, as well as evolving trade relations and geopolitical alliances with major oil players like OPEC, Russia, and China. The webcast will also examine energy security, geopolitical risks, and emerging trends in renewable energy investments. Additional discussions will focus on technological innovation, energy transition, and the role of AI in adapting to policy changes. Finally, we’ll explore how these developments may influence future energy prices, demand, and the overall market landscape.

Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth.

National Ocean Industries Association (NOIA) President Erik Milito issued a statement after the Bureau of Ocean Energy Management released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the Gulf of Mexico.

Upstream oil and gas activity in the part of the U.S. residing in U.S. Federal Reserve District 11 declined slightly during third-quarter 2024, as commodity prices stagnated.   

It goes without saying that the U.S. upstream industry is very pleased with the Nov. 5 election result. That large sound that some of you across the pond in Europe might have heard was the giant, collective sigh of relief coming from operators, service companies and drilling contractors throughout the country, as President-elect Trump is wasting no time in putting together a wide-ranging energy plan.

The American people sent a resounding message during the 2024 election: they do not like the direction the country is headed, and they want change. With President-elect Donald J. Trump’s decisive win, and Republicans holding both branches of Congress, the time is ripe to pivot toward policies that truly benefit hardworking Americans. High energy costs, inflation, and bureaucratic red tape are issues that families and businesses confront daily, and it’s time to turn the tide. 

With President-elect Trump and his pro-oil stance set to take position in office, a new Secretary of Energy candidate who opposes much of the ESG movement, and Liberty Oil suing the SEC for overreach — are we seeing the end of the ESG movement?

(Bloomberg) – OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had closed its biggest oil field.