Industry Trends
News
November 17, 2025
Canada’s oil sands are seeing renewed growth as U.S. shale output plateaus, with production hitting record highs following the Trans Mountain pipeline expansion. Improved heavy-oil pricing and rising U.S. investor interest are driving a resurgence among major oil sands producers through 2030.
News
November 14, 2025
S&P Global has reintroduced its Commodity Insights division under a new name—S&P Global Energy—as the company moves to strengthen its role as a leading provider of energy market benchmarks, data and analytics.
News
October 30, 2025
Shell plc delivered adjusted earnings of $5.4 billion and cash flow from operations of $12.2 billion in Q3 2025, supported by record output from deepwater assets in Brazil and the Gulf of America and robust LNG trading results.
News
October 29, 2025
Resilience as a valuable trait in today’s industry was a major topic of discussion for day two of the 2025 Women’s Global Leadership Conference in Energy, in Houston. Across several morning panels, guest speakers from various industry-leading companies shared the strategies and necessity of resilience in a market and industry environment that is rapidly changing.
News
October 22, 2025
U.S. oil and gas mergers and acquisitions dropped to $9.7 billion in Q3 2025, marking the third straight quarterly decline, according to Enverus Intelligence Research. Analysts cite persistently low crude prices and fewer private-equity exits.
News
October 21, 2025
Halliburton and VoltaGrid have entered into a strategic collaboration to develop and deploy distributed power generation systems designed to meet the surging energy needs of the global data center industry, with the first projects planned for the Middle East.
News
October 14, 2025
bp said weaker oil trading offset profit gains in the third quarter, though production rose for a second consecutive quarter led by U.S. shale output from BPX Energy. The company is advancing six new upstream projects expected to add 150,000 boed at peak.
News
October 13, 2025
NGP Natural Resources has partnered with 406 Energy Holdings, a new Houston-based upstream venture led by former XCL Resources executives. The company plans to target high-return oil and gas development opportunities across the U.S.
News
October 07, 2025
Oil prices steadied after OPEC+ announced a modest 137,000-bpd increase for November, signaling continued supply restraint from Saudi Arabia and its allies.
Article
September 2025
This article introduces a patent-pending, three-speed helical flow conditioner for multiphase cyclonic sand separation, detailing its design rationale, operating principles, and early field results from the Williston and Permian basins.
News
October 06, 2025
Baker Hughes is moving ahead with its planned acquisition of Chart Industries after shareholders of Chart approved the deal. Expected to close by mid-2026, the transaction will expand Baker Hughes’ energy and industrial technology portfolio, particularly in LNG, data centers, and clean energy markets.
News
October 03, 2025
OPEC+ has agreed to raise oil production by 137,000 barrels per day in November, signaling a cautious approach as Saudi Arabia and Russia reached consensus after differing on supply strategy.
News
October 02, 2025
Berkshire Hathaway has agreed to buy Occidental Petroleum’s OxyChem unit for $9.7 billion in cash, marking Berkshire’s largest deal since 2022. Occidental plans to use $6.5 billion of proceeds to cut debt below $15 billion, reinforcing its strategy to prioritize long-term oil and gas development in the Permian basin.
Article
September 2025
News
September 30, 2025
At the Energy Workforce & Technology Council’s (EWTC) 2025 Business Optimization Conference, leaders spotlighted two urgent priorities for the oilfield services sector—meeting surging global power demand with U.S. LNG and navigating policy and workforce hurdles to sustain growth.
News
September 30, 2025
ExxonMobil plans to eliminate about 2,000 jobs worldwide, representing 3–4% of its workforce, as part of a global restructuring plan that will see Exxon consolidate offices into regional hubs focused on core growth areas.
Article
September 2025
It’s been a tumultuous year for the Canadian oil patch—weakening markets have tempered expectations that the new federal government is open to discussing, and possibly changing, some of its most damaging and punitive policies and legislation.
Article
September 2025
International activity is maintaining leisurely growth, while the U.S. continues to lag. Global oil production was up slightly in 2023, with stronger gains in the Americas. Offshore activity is buoyed by continued success in areas like Guyana, Suriname and Namibia.
Article
U.S. drilling slows as high operating costs, low oil prices and capital restraint motivate operators
September 2025
U.S. drilling activity has softened in 2025, with rig counts sliding despite steady production, as operators lean on efficiency gains and disciplined spending. M&A and inventory optimization took priority over aggressive new drilling, while gas-focused rigs remained under pressure amid shifting LNG demand.
News
September 19, 2025
Texas upstream oil and gas employment ticked upward in August, with direct jobs reaching 205,100, according to new data from the Texas Independent Producers and Royalty Owners Association (TIPRO).
News
September 17, 2025
A new IEA report warns that accelerating oil and gas field decline rates could remove the equivalent of Brazil and Norway’s combined production each year without continued upstream investment, raising concerns for energy security and market balance.
