North America
News
April 24, 2025
Crbon Labs Inc. has completed the first plugging of an orphan gas well in Canada and is pleased to announce its collaboration with U.S. Venture, Inc. and its U.S. Energy® team who has acquired 100% of the corresponding High Fidelity Crbon™ credits from the project.
News
April 23, 2025
Energy NL is providing details on responses received from two of the major federal parties regarding the development and prioritization of Newfoundland and Labrador's energy sector. The response follows Energy NL's letter sent last month to all three parties.
News
April 23, 2025
ExxonMobil has announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 Mmtpa of CO2 from Calpine’s Baytown Energy Center near Houston.
News
April 22, 2025
Oil rose as the potential for the U.S. to curtail Iranian flows added to a rebound driven by broader markets. Crude slumped earlier this month on concern that tensions between the U.S. and its trading partners will hurt economic growth and oil consumption.
News
April 21, 2025
China’s LNG imports from the U.S. dropped to zero in March, marking a major shift in global energy trade amid rising tariffs and trade tensions. The 70% quarterly drop signals a broader realignment in LNG flows.
News
April 21, 2025
TIPRO reports a 700-job decline in Texas upstream oil and gas employment in March, despite strong hiring activity and record production in the Permian and Eagle Ford. Regulatory shifts and market volatility continue to shape industry outlooks.
News
April 21, 2025
Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf of Mexico/Gulf of America, a tieback expected to deliver up to 75,000 barrels per day. The field connects to the Blind Faith platform and marks Chevron’s first development in the Norphlet trend.
News
April 18, 2025
The National Ocean Industries Association issued a statement after U.S. Secretary of the Interior Doug Burgum announced the next steps in a new offshore oil and gas leasing program.
News
April 15, 2025
Vertice Oil Tools has acquired Greenwell Engineering in a strategic move that expands Vertice’s completions portfolio, enhances its ability to support wireline service providers and E&P companies, and broadens its presence across unconventional oil and gas markets.
News
April 14, 2025
bp today announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America/Gulf of Mexico. This discovery underscores bp's renewed focus on upstream exploration, part of its strategy reset announced in February 2025. Chevron co-owns the Far South prospect with 42.5% interest.
News
April 11, 2025
Energy NL, Canada's energy industry association, has issued a statement with details on its Budget 2025. CEO Charlene Johnson announced $90 million to be allocated over three years for offshore oil and gas exploration.
News
April 11, 2025
Energy Transfer and MidOcean Energy have entered an agreement to jointly develop the Lake Charles LNG project in Louisiana. Under terms of the agreement, MidOcean would fund 30% of the construction costs and be entitled to receive 30% of the LNG production (approximately 5 MMtpa).
News
April 11, 2025
The Energy Workforce & Technology Council (EWTC) proudly recognized Scott Sheffield, former CEO of Pioneer Natural Resources, as a recipient of the 2025 Platinum Award, the Council’s highest honor. The award was presented during the EWTC Annual Meeting in Frisco, Texas, on April 10, 2025.
News
April 10, 2025
The Energy Workforce & Technology Council elected a slate of new officers and industry leaders during their 2025 Annual Meeting, held in Frisco, Texas. These individuals bring a wealth of experience and expertise to their roles.
News
April 10, 2025
Prime Minister Mark Carney pledged to make Canada the world’s “leading energy superpower” through a plan that includes establishing a single office that would decide on major projects within two years.
News
April 10, 2025
The equity investment into Kimmeridge's SoTex HoldCo marks Mubadala Energy's U.S. market entry and ambitious expansion strategy. Kimmeridge's highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project.
News
April 09, 2025
APTIM and joint venture partner BWX Technologies, Inc. have been awarded a $1.4 billion contract by the US Department of Energy (DOE) to manage and operate the Strategic Petroleum Reserve (SPR), as well as its associated facilities and systems in Louisiana and Texas.
News
April 09, 2025
The plunge in oil prices over the past week was more severe than the market’s dynamics justify, and the drop may be short-lived, according to Canadian energy executives gathered in Toronto. “What we learned from Covid is that energy demand is pretty resilient,” said one executive.
News
April 08, 2025
Shell Offshore Inc. (Shell), a subsidiary of Shell plc, today announced the start of production at Dover, the second subsea tieback connecting new wells to the existing infrastructure of the Shell-operated Appomattox production hub in the Gulf of America/Gulf of Mexico.
News
April 08, 2025
The sudden plunge in oil prices begs the question, what if WTI prices go as low as $50 per barrel? At that level, U.S. Lower 48 onshore crude oil production could decline by more than 1 million bpd over 12 months, according to S&P Global Commodity Insights.
News
April 07, 2025
A top executive at Diamondback Energy Inc. called on President Donald Trump’s administration to explain how the global trade war will help shale producers, a rare instance of public pushback from a U.S. oil boss.
