North America
News
July 28, 2025
Mexico on Monday completed a $12 billion debt offering that will support state-owned Petroleos Mexicanos, the world’s most indebted oil major. Also on Monday, Pemex reported net income of $3.2 billion for Q2, its first profit in more than a year.
News
July 28, 2025
Weatherford has been awarded a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside Petróleo Operaciones de México, S. de R.L. de C.V.
News
July 28, 2025
Venture Global has reached final investment decision and successful closing of the $15.1 billion project financing for the first phase of the company’s third project, CP2. This milestone represents the largest standalone project financing ever.
News
July 28, 2025
The European Union’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep.
News
July 25, 2025
House Republicans are moving forward with plans to pull U.S. funding for the International Energy Agency, saying the group has abandoned objectivity when it comes to projecting the growth of clean energy.
News
July 25, 2025
West Texas Intermediate crude slid to settle near $65 a barrel after President Donald Trump said the U.S. has a 50-50 chance of striking a trade deal with Europe, a contrast to the optimism expressed by diplomats last week.
News
July 25, 2025
The Energy Workforce & Technology Council (EWTC) has elected three distinguished leaders to its Advisory Board during the Council’s recent Board Meeting held in Houston, Texas.
News
July 24, 2025
Cathedral Holdings Inc. has opened a new 5,000-sq-ft technical lab and office facility in The Woodlands, Texas. The space will serve as the official headquarters for Centrium Energy Solutions, the group’s newly launched oil and gas company.
News
July 24, 2025
The Trump administration has restored Chevron's ability to pump oil in Venezuela, according to unnamed sources. Key to the arrangement was an assurance that no royalties or taxes would benefit the government of Venezuela’s socialist leader, Nicolas Maduro.
Article
July 2025
The shipment reflects the start of Canada’s first exports of LNG to international destinations.
Article
July 2025
A recent court decision highlights the responsibility that operator leadership has to maintain worker safety in the field and how the industry must strive to maintain a culture of incident prevention.
News
July 23, 2025
ABS Consulting has announced a strategic collaboration with Ultimo to deliver end-to-end implementation, data integration and ongoing support for Ultimo’s cloud-based EAM platform, serving clients in global energy, logistics and manufacturing.
News
July 23, 2025
Chevron Corp. is cutting almost 650 jobs in the Houston area and North Dakota after completing the $53 billion takeover of Hess Corp. A Chevron spokesperson confirmed the job cuts in an email on Wednesday.
News
July 23, 2025
Trendsetter Engineering has secured a contract award for the delivery of four 15K horizontal subsea tree systems, associated tooling and installation services to a major Gulf of America/Gulf of Mexico operator.
News
July 22, 2025
A group of eight oil and natural gas trade associations are calling on lawmakers in the U.S. House of Representatives to “take swift action on permitting reform,” in a letter to Chairman Bruce Westerman ahead of an oversight hearing tomorrow in the House Natural Resources Committee.
News
July 21, 2025
U.S. Treasury Secretary Scott Bessent said the next round of U.S.-China talks could include a discussion of China’s purchases of Russian and Iranian oil, a signal that the focus could shift from more traditional trade issues to ones that cross over into matters of national security.
News
July 18, 2025
California Governor Gavin Newsom is proposing a bill to streamline permitting for new oil wells that environmental groups say would wipe out scrutiny of the industry.
News
July 18, 2025
Citing the latest report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) indicated a decrease in upstream employment in Texas in June following two months of consecutive job growth.
News
July 18, 2025
SLB, the world’s largest oil-services provider, sees resiliency in the industry and remains constructive about the second half of 2025 despite uncertainties in customer demand.
News
July 18, 2025
Chevron has completed its $53 billion takeover of Hess Corporation, having won its arbitration case against ExxonMobil regarding Hess' offshore Guyana assets which had delayed the takeover for over a year.
News
July 17, 2025
"The revisions announced will do much to streamline the program and ensure taxpayer funds are used efficiently to plug as many orphaned wells as possible," wrote Railroad Commission of Texas Chairman Jim Wright.
