Industry & Analysis
News
June 25, 2025
Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival bp Plc. “This is further market speculation. No talks are taking place,” a Shell spokesperson said.
News
June 25, 2025
Enverus has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources remains in the top position, with Mewbourne Oil and Aethon Energy taking second and third place, according to Enverus.
Article
June 2025
Op-Ed: Rigs and equipment matter, but it’s the people who make those operations happen. Now is not the time to pull back—the industry must double down on training, leadership development, and workforce readiness.
News
June 24, 2025
Diversified Energy and global investment firm Carlyle have announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S.
News
June 24, 2025
The latest price slump brings the market back to where it was before Israel attacked Iran on June 12. Traders are now refocusing on a looming surplus later in the year, with a supply surge from producers both inside and outside the OPEC+ alliance set to outpace growth in demand.
News
June 24, 2025
UK Prime Minister Keir Starmer has called his government’s 10-year industrial strategy “a turning point” for the nation’s economy, but for an oil and gas lobby the plan must include tax reform for North Sea energy producers.
News
June 24, 2025
Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle East ahead of the U.S. strikes on Iran and President Donald Trump’s ceasefire declaration, according to people familiar with the matter.
News
June 20, 2025
Canadian oil producer Strathcona Resources stood by its offer for MEG Energy after having the $4.1-billion takeover bid rejected by MEG’s board. While MEG called the offer “inadequate and opportunistic,” Strathcona continues to try to win over MEG shareholders.
News
June 20, 2025
According to TIPRO’s analysis, direct Texas upstream employment for May totaled 208,200, an increase of 2,200 industry positions from April employment numbers, subject to revisions. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction.
News
June 20, 2025
Brent crude oil futures remain capped below the $80/bbl mark, as the crisis enters its second week with no clear resolution in sight, Rystad Energy analysts stated. The U.S. has signaled a potential two-week window for possible military action, while still leaving room for diplomacy.
News
June 22, 2025
Oil traders are preparing for an oil-price surge when trading reopens, with the focus on whether Tehran’s retaliation to U.S. airstrikes will lead to a disruption in crude flows that have been largely unaffected so far.
News
June 20, 2025
A week since Israel and Iran started to exchange missile barrages, oil tanker transits through the critical Strait of Hormuz have remained largely steady, according to Bloomberg's vessel tracker.
News
June 20, 2025
Oil slumped after President Donald Trump signaled a decision on whether to strike Iran will be made within two weeks, easing fears about an imminent attack from the U.S.
News
June 18, 2025
During its June 2025 Commissioners' Conference, the Railroad Commission of Texas (RRC) assessed over $1.4 million in penalties on oil and gas operators for violations. The RRC is the state agency responsible for regulating the oil and gas industry in Texas, including pipeline safety.
News
June 18, 2025
U.S. oil inventories dropped 11.5 million barrels in the week through June 13, the steepest slide since late June 2024, according to data released Wednesday by the U.S. Energy Information Administration (EIA).
News
June 18, 2025
Oil swung in a turbulent session amid speculation the U.S. may join the Middle East conflict. The oil market’s main concerns are flows from Iran and the threat to vessel traffic in the Strait of Hormuz, through which about a quarter of the world’s crude shipments flow.
News
June 18, 2025
The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating their taxable income. Companies including ConocoPhillips, Ovintiv Inc. and Civitas Resources, Inc. lobbied in favor of it.
News
June 17, 2025
At an open meeting on Tuesday of the Railroad Commission of Texas, Commissioner Jim Wright was unanimously elected to serve as Chairman. “It is a high honor to serve the citizens of Texas as Railroad Commissioner," commented Wright.
News
June 17, 2025
Petrobras, Exxon Mobil Corp. and Chevron Corp. have won exploration rights in Brazil’s Equatorial Margin, betting that the nation’s environmental regulator will finally open the promising offshore oil region for drilling after years of delay.
Article
May 2025
So, you may be asking yourself, “what do data centers and ESG in the oil field have in common,” and why am I talking about data centers in an oil and gas ESG column? Well, believe it or not, it’s all related, but first let me give you some background.
News
June 13, 2025
Leaders from both the American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) jointly issued statements on Friday as U.S. President Trump signed into law a series of bills overturning California's electric vehicle mandates.
