Industry & Analysis
News
July 03, 2025
National Ocean Industries Association (NOIA) President Erik Milito issued a statement on Thursday as the One Big Beautiful Bill Act (OBBBA) heads to U.S. President Trump’s desk for signature. "With President Trump’s signature, OBBBA will restore certainty to the offshore oil and gas leasing process," Milito said.
News
July 03, 2025
The Energy Workforce & Technology Council (EWTC) on Thursday released its June 2025 jobs report, reflecting a modest dip in employment within the energy services sector amid continued economic uncertainty.
News
July 02, 2025
Germany has given the green light for drilling as much as 13 billion cubic meters (Bbcm) of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security following the Russia-Ukraine war and subsequent energy crisis.
News
July 01, 2025
The U.S. Senate on Tuesday voted to narrowly approve President Trump's $3.3 trillion tax and spending package dubbed the 'One Big Beautiful Bill.' U.S. energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate's decision as a victory for the U.S. oil and gas industry.
News
July 01, 2025
Momentary price spikes aside, the recent conflict and now uneasy ceasefire between Israel and Iran has done little to alter the trajectory of global oil markets, according to a new analysis by S&P Global Commodity Insights.
News
June 30, 2025
Total U.S. liquids production managed a record-high of 20.83 million bpd in April, up roughly 50,000 barrels from the previous month, according to the Energy Information Administration's latest Petroleum Supply Monthly report released on Monday.
News
June 30, 2025
Argentina must give up its controlling stake in signature energy company YPF SA within two weeks after a New York judge sided with litigators in a $16 billion judgment, delivering a setback to President Javier Milei before crucial midterm elections.
News
June 27, 2025
The Energy Workforce & Technology Council (EWTC) has released a statement praising the Trump Administration’s announcement of a historic offshore lease sale in the Gulf of America/Gulf of Mexico, slated to offer nearly 80 million acres for oil and gas development.
News
June 27, 2025
Colombian businesses are bracing for a deepening shortfall in natural gas supply that threatens to shutter some operations. Supplies of gas are expected to fall at least 10% short of demand next year, and possibly as high as 20%.
News
June 26, 2025
Ashtead Technology and Ocean Science Consulting have formed a strategic alliance to offer integrated environmental monitoring and compliance services for offshore wind and oil-and-gas projects. The partnership combines Ashtead’s subsea technology fleet with OSC’s noise-monitoring and regulatory-reporting expertise.
News
June 25, 2025
Texas Railroad Commissioner Wayne Christian announced the launch of the Delivering Oil and Gas Efficiently (DOGE) Task Force today, a new internal initiative focused on improving processes, enhancing communication, and strengthening the Railroad Commission of Texas as a responsive, pro-business agency.
News
June 25, 2025
Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival bp Plc. “This is further market speculation. No talks are taking place,” a Shell spokesperson said.
News
June 25, 2025
Enverus has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources remains in the top position, with Mewbourne Oil and Aethon Energy taking second and third place, according to Enverus.
Article
June 2025
Op-Ed: Rigs and equipment matter, but it’s the people who make those operations happen. Now is not the time to pull back—the industry must double down on training, leadership development, and workforce readiness.
News
June 24, 2025
Diversified Energy and global investment firm Carlyle have announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S.
News
June 24, 2025
The latest price slump brings the market back to where it was before Israel attacked Iran on June 12. Traders are now refocusing on a looming surplus later in the year, with a supply surge from producers both inside and outside the OPEC+ alliance set to outpace growth in demand.
News
June 24, 2025
UK Prime Minister Keir Starmer has called his government’s 10-year industrial strategy “a turning point” for the nation’s economy, but for an oil and gas lobby the plan must include tax reform for North Sea energy producers.
News
June 24, 2025
Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle East ahead of the U.S. strikes on Iran and President Donald Trump’s ceasefire declaration, according to people familiar with the matter.
News
June 20, 2025
Canadian oil producer Strathcona Resources stood by its offer for MEG Energy after having the $4.1-billion takeover bid rejected by MEG’s board. While MEG called the offer “inadequate and opportunistic,” Strathcona continues to try to win over MEG shareholders.
News
June 20, 2025
According to TIPRO’s analysis, direct Texas upstream employment for May totaled 208,200, an increase of 2,200 industry positions from April employment numbers, subject to revisions. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction.
News
June 20, 2025
Brent crude oil futures remain capped below the $80/bbl mark, as the crisis enters its second week with no clear resolution in sight, Rystad Energy analysts stated. The U.S. has signaled a potential two-week window for possible military action, while still leaving room for diplomacy.
