North America
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
Workrise has announced an exclusive licensing agreement to bring Shell’s U-lateral drilling technology to operators across the U.S. The U-lateral technique allows operators to reduce drilling costs and save time while increasing production capacity.
News
June 17, 2025
Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, recently met with U.S. Secretary of Energy Chris Wright in Washington, D.C. to advance strategic cooperation and expand U.S. investment across oil, gas, critical minerals and renewable energy.
News
June 17, 2025
The American Petroleum Institute has joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf.
News
June 16, 2025
EnerMech has been awarded a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of Mexico/Gulf of America. The scope marks EnerMech’s first major decommissioning campaign in the region.
News
June 16, 2025
Baker Hughes will acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, in an all-cash transaction for approximately $540 million, the company announced on Monday.
News
June 16, 2025
TotalEnergies has acquired a 25% working interest in a portfolio of 40 exploration leases offshore U.S. from Chevron (operator). The transaction provides access to multiple offshore exploration plays and prospects, strengthening the successful U.S. offshore collaboration with Chevron beyond existing partnerships.
News
June 15, 2025
During the Executive Conference of the Global Petroleum Show last week, Alberta’s premier, Danielle Smith, provided an update on the province’s energy sector and gave her assessment of the new federal administration’s policies on energy.
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.
News
June 12, 2025
Oceaneering International, Inc. (Oceaneering) announced today that its Offshore Projects Group (OPG) segment has entered into a vessel services agreement with a major operator for use of the MPSV Harvey Deep Sea.
News
June 12, 2025
U.S. Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency. The EIA revised down its view of U.S. production Tuesday, anticipating the first drop in output since 2021.
News
June 11, 2025
The Gulf’s rising importance represents a turnaround from the past two decades, when the region took a backseat to the U.S. shale boom. But now tumbling crude prices are hurting shale drillers while major, longer-term Gulf projects are starting to come online.
News
June 09, 2025
TGS has announced a strategic partnership with Oseberg, a premier provider of lease and regulatory data for the energy sector. This collaboration brings Oseberg lease data attributes into TGS’ Well Data Analytics (WDA) platform for enhanced analysis.
News
June 06, 2025
The Global Energy Show Canada (GESC) takes place in Calgary this week June 10 - 12, bringing together industry leaders to tackle energy security, climate responsibilities and global demand challenges. "This year's show marks a significant evolution, both in scale and substance," said Nick Samain of dmg events.
News
June 06, 2025
TotalEnergies SE is looking to sell a 50% interest in a large portfolio of renewable assets in the U.S. and is considering a similar stake sale for a smaller group of solar farms in Spain, according to people familiar with the matter.
News
June 06, 2025
American Petroleum Institute (API) President and CEO Mike Sommers issued a statement following the National Highway Traffic Safety Administration's final rule declaring the Biden-era Corporate Average Fuel Economy (CAFE) standards exceeded the department's authority.
News
June 06, 2025
“This transaction, combined with the sale of our East Finn assets in 2023, completes our exit from the United States, allowing us to focus on our core gas-weighted assets in Canada and Europe,” Vermilion said in a statement.
News
June 05, 2025
API President and CEO Mike Sommers joined this week’s episode of Veriten’s C.O.B. Tuesday podcast to discuss the state of American energy policy as the Trump administration and Congress continue to make progress on many of the priorities outlined in API's five-point policy roadmap.
News
June 05, 2025
The Energy NL Conference & Exhibition 2025 concluded Thursday after an informative and engaging discussion on the potential of the industry, Indigenous participation in resource projects, trade and market diversification, regulations, and an update on the Bay du Nord Project.
News
June 04, 2025
The Energy NL Conference & Exhibition 2025 continued in St. John’s on Wednesday, and began with an update from Jeff Murphy, Vice President Capital Projects with North Atlantic, who spoke about recently announced negotiations with ExxonMobil France.
