News
November 07, 2025
The U.S. Bureau of Ocean Energy Management (BOEM) has announced two major steps toward expanding offshore oil and gas leasing under the Trump administration’s energy agenda and the One Big Beautiful Bill Act.
News
November 06, 2025
Aker Solutions has secured a five-year brownfield services contract from ExxonMobil Canada for the Hebron platform offshore Newfoundland and Labrador. The significant NOK 1.5–2.5 billion award extends Aker Solutions’ long-running EPC and maintenance work on the platform, reinforcing its strong presence in Atlantic Canada’s offshore sector.
News
November 05, 2025
Energy NL CEO Charlene Johnson said Canada’s 2025 federal budget shows promising support for resource and infrastructure projects, but urged clarity on the emissions cap timeline. She highlighted tax incentives for carbon capture and LNG as positive for Newfoundland and Labrador’s energy industry.
News
November 05, 2025
IOG Resources II has acquired producing non-operated natural gas assets in Pennsylvania’s Appalachian basin from an undisclosed seller. Operated by Seneca Resources, the assets currently produce about 19 MMcf/d.
News
November 05, 2025
Ovintiv will acquire NuVista Energy in a $2.7 billion cash-and-stock deal, adding 140,000 net acres and 100,000 boed of production in the Montney while planning to divest its Anadarko assets to strengthen its balance sheet.
News
November 04, 2025
Halliburton has launched its LOGIX™ unit vitality system, an AI-powered platform that monitors cementing equipment in real time to improve reliability, predict maintenance needs and reduce nonproductive time.
News
November 04, 2025
EnerMech has announced a multi-year strategic investment across its Americas operations—spanning the U.S., Guyana, Trinidad & Tobago, Suriname, and Mexico—to strengthen local capability, expand leadership, and capture growth in LNG and offshore pre-commissioning markets.
News
November 03, 2025
Beacon Offshore Energy has partnered with Tampnet to deploy advanced subsea fiber and 5G digital infrastructure at the Shenandoah deepwater development in the U.S. Gulf of Mexico. The system enables real-time monitoring, remote operations, and improved offshore safety.
News
October 31, 2025
The Railroad Commission of Texas assessed more than $1 million in fines against oil and gas operators and pipeline businesses during its October 30, 2025, meeting, reinforcing its oversight of industry safety, environmental compliance, and regulatory enforcement across the state.
News
October 31, 2025
Buccaneer Energy has selected a drilling rig for the Allar #1 development well in the Pine Mills Field, Texas, with drilling set to begin in late October. The company plans to produce oil at up to 124 bopd and use associated gas from the Fouke area to power a future Bitcoin mining operation.
News
October 31, 2025
Chevron’s third-quarter earnings topped analyst forecasts as the company’s $53 billion Hess acquisition boosted global oil production and cash flow. Output rose 21% to 4.1 MMboed, supported by Hess’ stake in Guyana’s Stabroek Block.
News
October 29, 2025
U.S. President Donald Trump’s newly announced sanctions on Russian oil companies are facing a first major challenge in talks with Xi Jinping. Analysts say China’s response will be key to starving Kremlin revenue and tightening global oil markets.
News
October 29, 2025
The Trump administration is ruling out plans to auction offshore oil and gas leases along the U.S. East Coast, scaling back its proposed five-year leasing program after opposition from coastal states and environmental groups.
News
October 28, 2025
The Railroad Commission of Texas is expanding outreach with new bi-monthly virtual listening sessions, giving Texans a chance to engage directly with state energy regulators and RRC experts.
News
October 27, 2025
SLB and Ormat Technologies have signed a strategic agreement to accelerate integrated geothermal asset development and deploy enhanced geothermal systems (EGS) at scale. The partnership includes an EGS pilot project and plans for global commercialization.
News
October 24, 2025
Tenaris has been awarded contracts to supply casing, tubing, line pipe, and coatings for Woodside’s Trion development—the first ultra-deepwater oil project in Mexico. The Trion field, developed with Pemex, targets first oil in 2028.
News
October 24, 2025
The National Ocean Industries Association (NOIA) has released Gulf of America Forward, a new report and website showcasing the Gulf as a leading global offshore energy hub driving U.S. jobs, innovation, and low-carbon production.
News
October 24, 2025
Glenfarne Alaska LNG has signed a one MMtpa offtake agreement with Tokyo Gas, marking the fifth commercial deal in seven months and securing more than half of Alaska LNG’s planned export capacity.
News
October 24, 2025
Delfin Midstream has awarded Samsung Heavy Industries the exclusive EPCI contract for its first floating LNG vessel under the Delfin LNG project offshore Louisiana. The LOA paves the way for a 2025 final investment decision and a second vessel FID in early 2026.
News
October 24, 2025
Nomura Holdings says India’s shift away from discounted Russian crude will be offset by potential lower U.S. tariffs under a new trade deal, easing the impact on growth. Economists expect reduced levies to boost India’s export competitiveness while managing inflation risks from higher oil prices.
News
October 23, 2025
The Trump administration has reopened Alaska’s Arctic National Wildlife Refuge for oil and gas leasing, reversing a Biden-era ban and paving the way for a winter lease sale. Interior Secretary Doug Burgum said the move will expand U.S. fossil fuel production across 1.56 million acres of the Arctic coastal plain.
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