North America
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.
News
October 23, 2025
The American Petroleum Institute (API) has released the third edition of API Standard 2RD, enhancing offshore safety and riser integrity for floating production systems. The updated standard unifies design methods, strengthens robustness requirements, and supports extended riser service life.
News
October 23, 2025
Tampnet will provide advanced digital connectivity infrastructure—including subsea fiber and private 5G—for LLOG Exploration’s Salamanca deepwater development in the U.S. Gulf of America/Gulf of Mexico.
News
October 22, 2025
The American Petroleum Institute (API) is urging Congress to reconsider the Nationwide Consumer and Fuel Retailer Choice Act of 2025, arguing that the proposed E15 biofuel legislation no longer reflects current market realities. API warns that new state mandates and federal rule changes threaten fuel stability and investment certainty.
News
October 22, 2025
bp and Japan’s JERA are winding down their U.S. offshore wind joint venture, JERA Nex bp, citing an unfavorable policy environment under the Trump administration. The decision halts the planned 2.5-GW Beacon Wind project off Massachusetts amid a broader industry pullback.
News
October 22, 2025
The U.S. Department of Energy has issued the final non-FTA export authorization for Venture Global’s CP2 LNG terminal in Cameron Parish, Louisiana. The approval enables exports to non-FTA countries and supports the U.S.’s advancing role in global LNG markets.
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
The Trump administration will purchase 1 MMbbl of crude oil to begin replenishing the U.S. Strategic Petroleum Reserve (SPR), marking the first step toward restoring the nation’s emergency supply following years of drawdowns.
News
October 21, 2025
Halliburton reported $5.6 billion in Q3 2025 revenue, led by North America growth and steady international results. Adjusted earnings rose to $496 million as the company emphasized cost discipline, technology leadership and shareholder returns.
News
October 16, 2025
The 2025 Gulf Energy Information Excellence Awards in Houston honored this year's upstream innovators, including SLB, Saudi Aramco, Halliburton, ExxonMobil, Baker Hughes, Oil States, NOV and Reliance Industries. Winners were recognized for advancements in deepwater and drilling technologies, digital transformation, completions and more.
News
October 14, 2025
Speaking at the historic Drake Energy Security Forum, American Petroleum Institute (API) President and CEO Mike Sommers urged policymakers to strengthen U.S. energy leadership through innovation and infrastructure investment.
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 13, 2025
ExxonMobil CEO Darren Woods said the company is cutting back European investments due to restrictive climate regulations, while praising President Donald Trump’s energy policies for supporting oil and gas growth.
News
October 13, 2025
Carnelian Energy Capital has closed a $600 million oversubscribed fund aimed at upstream oil and gas investments in Canada, signaling renewed private equity confidence in the region’s energy sector.
News
October 10, 2025
Strathcona Resources Ltd. has formally withdrawn its takeover bid for MEG Energy Corp., citing new terms in MEG’s revised agreement with Cenovus Energy Inc. that render the proposed acquisition no longer feasible.
