News
September 16, 2025
A new Rystad Energy study commissioned by AXPC highlights the vital role of independent producers in U.S. oil and gas. In 2024, onshore independents supported 3.1 million jobs and generated $488 billion in GDP output while producing over 85% of crude and 90% of natural gas.
News
September 16, 2025
Canada has approved the $10 billion Ksi Lisims LNG project, a floating export facility backed by Blackstone, Rockies LNG, and the Nisga’a Nation. Set to start by 2028, the project will become Canada’s second-largest LNG export terminal.
News
September 15, 2025
Chord Energy will acquire 48,000 acres and 9,000 boed of production in the Williston Basin from ExxonMobil’s XTO Energy for $550 million. The deal, effective Sept. 1, strengthens Chord’s drilling inventory and lowers its breakeven costs.
News
September 15, 2025
EnerMech has played a key role in developing the American Petroleum Institute’s (API) first certification program for Bolted Flange Joints (BFJs), a new industry credential designed to improve integrity, reliability, and safety across the oil and gas sector. 
News
September 15, 2025
GATE Energy has been awarded the full commissioning scope for bp’s Kaskida Floating Production Unit (FPU) in the U.S. Gulf. Working with Seatrium, GATE will provide systems completion, dynamic commissioning, and interface coordination for the deepwater project.
News
September 15, 2025
California Resources Corporation has agreed to acquire Berry Corporation in an all-stock merger valued at $717 million, including net debt, the companies announced today. The transaction will consolidate two of California’s largest upstream operators, creating a combined entity with more than 160,000 boed of production and 652 MMboe of proved reserves.
News
September 12, 2025
The EPA under President Trump plans to end the Greenhouse Gas Reporting Program, halting emissions tracking from power plants, industrial facilities, oil refineries and other major polluters. The move could obscure 2.6 billion metric tons of emissions annually while saving businesses $2.4 billion in regulatory costs.
News
September 12, 2025
Canada’s LNG expansion strategy gained momentum as Prime Minister Mark Carney placed Shell’s LNG Canada project on the national priority list, fast-tracking approvals for a potential doubling of export capacity.
News
September 10, 2025
Cenovus CEO Jon McKenzie says the company will not raise its takeover bid for MEG Energy, rejecting rival Strathcona’s higher all-stock offer as shareholder approval looms.
News
September 10, 2025
Alaska LNG, led by Glenfarne, has signed a Letter of Intent with JERA for 1 MMtpa of LNG over 20 years. The Alaska LNG project is the only federally approved LNG export project on the U.S. Pacific Coast.
News
September 10, 2025
TotalEnergies has reached FID with partners on Rio Grande LNG Train 4 in Texas, gaining a 10% stake and 1.5 MMtpa offtake capacity from the new liquefaction unit.
News
September 09, 2025
Argent LNG will integrate AI and robotics into the development, construction, and operation of its flagship 25 MMtpa Port Fourchon LNG export terminal in Louisiana, as part of a broad digital strategy to improve operational efficiency and reduce capex.
News
September 09, 2025
The American Petroleum Institute (API) has published a new policy roadmap urging U.S. Congress to modernize the nation’s outdated permitting system and ensure access to affordable, reliable energy at a time of rising demand.
News
September 09, 2025
California Governor Gavin Newsom is seeking to impose further restrictions on the state's offshore oil industry, a setback to Sable Offshore Corp. and its controversial project off the coast of Santa Barbara County.
News
September 09, 2025
McDermott has won a contract with Monkey Island LNG to provide FEED services for its planned facility in Cameron Parish, Louisiana. McDermott's modular LNG train design enables delivery of up to 60% more LNG per acre than comparable projects.     
News
September 09, 2025
U.S. oil producers have slashed $2 billion in spending and laid off thousands of workers amid falling prices and OPEC+ supply increases, threatening a slowdown in production growth.
News
September 09, 2025
Diversified Energy Company Plc will acquire Canvas Energy in a $550 million deal that significantly expands the company's producing assets and acreage positions in Oklahoma. Approximately 23 high-quality producing wells are included in the acquisition. 
News
September 08, 2025
The Energy Workforce & Technology Council (EWTC) has published its Well Stimulation Surface Operations Industry Guidelines, providing operators with best practices for hazard identification, risk management, and execution of surface operations during fracture stimulation.
News
September 08, 2025
Strathcona Resources Ltd. increased its bid for oil sands producer MEG Energy Corp., seeking to break up the oil sands producer’s sale to larger Canadian rival Cenovus Energy Inc.
News
September 08, 2025
Expro has set a new benchmark for deepwater well construction, achieving the heaviest casing string deployment to-date for a major operator in the Gulf of America/Gulf of Mexico.
News
September 05, 2025
Monkey Island LNG has selected ConocoPhillips’ Optimized Cascade® Process liquefaction technology for its planned 26 MMtpa natural gas liquefaction and export facility in Cameron Parish, Louisiana.
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