Industry Trends
News
February 19, 2026
TIPRO has launched the Power Texas program with Arise Energy, offering Texas oil and gas operators access to competitive electricity procurement tools as power demand and electrification drive higher operating costs across the state.
News
February 19, 2026
Guyana is ramping up infrastructure, gas-to-shore and economic diversification efforts as offshore oil production surges from Exxon-operated fields. President Irfaan Ali says the country aims to avoid the resource curse while accelerating long-term growth.
News
February 17, 2026
Fulkrum has opened a Bogotá office to support upstream oil and gas and new energy projects across Colombia and South America, providing inspection, technical staffing and asset integrity services.
News
February 13, 2026
Halliburton has launched the XTR CS injection system, a wireline-retrievable safety valve designed to improve reliability and performance in CCUS and CO₂ injection wells operating under extreme conditions.
News
February 11, 2026
Baker Hughes is exploring a potential $1.5-billion sale of its Waygate Technologies industrial inspection unit as part of a broader portfolio review following its acquisition of Chart Industries.
News
February 04, 2026
The 2026 Global Energy Talent Index (GETI) shows the oil and gas sector facing mounting hiring challenges, as an aging workforce, reduced global mobility and slower AI adoption tighten the industry’s talent pipeline.
News
February 02, 2026
World Oil marked a milestone in its annual Forecast Breakfast series on Friday, celebrating 100 years of forecasting and its 58th Forecast Breakfast event, with industry leaders offering a clear-eyed view of global energy demand, U.S. shale productivity, regulatory challenges and the year ahead for drilling activity.
News
February 02, 2026
Flowco Holdings agreed to acquire Valiant Artificial Lift Solutions for about $200 million, expanding its ESP and artificial lift capabilities across the Permian basin.
News
January 30, 2026
Texas upstream oil and gas employment rose in December 2025 as extraction and support services added jobs, TIPRO reported, though full-year employment remained largely flat amid market volatility and efficiency gains.
News
January 27, 2026
Cognite has partnered with Snowflake to help oil and gas operators deploy industrial AI at scale by unifying IT, OT and operational data to improve asset performance, resilience and operational decision-making.
News
January 23, 2026
Abu Dhabi School of Management and Saal.ai have formed a strategic partnership to integrate AI-driven decision intelligence into leadership and executive education programs.
News
January 23, 2026
Upstream operators are accelerating adoption of AI, automation and predictive maintenance software to modernize assets and boost reliability. New ISG research highlights how digital platforms are reshaping oil and gas operations.
Article
Sponsored Content
January
Closed-loop automation delivers real-time control, proven return on investment, and a new global standard for hydraulic stimulation.
News
January 23, 2026
SLB closed 2025 with signs of stabilizing upstream activity across global markets. The company is leaning into production optimization, digital growth and offshore developments as it looks toward 2026.
News
January 22, 2026
U.S. crude oil production is expected to stay near its 2025 record through 2026 before declining in 2027, as lower prices slow drilling, EIA forecasts.
News
January 21, 2026
Halliburton closed out Q4 2025 with stronger margins and rising international activity, offsetting weaker North American stimulation. International markets drove sequential revenue growth, while higher-margin completion tools, wireline services and software sales lifted profitability and cash flow.
Article
December 2025
In this 2026 outlook, Molly Determan, president of the Energy Workforce & Technology Council, examines why oilfield service crews—leaner, more technical and globally integrated—remain the quiet backbone of reliable energy supply, regardless of price cycles, policy shifts or technology hype.
News
January 19, 2026
Baker Hughes says power generation and artificial lift equipment could drive near-term growth in Venezuela as oil producers seek to revive output amid renewed U.S. engagement and Chevron-led expansion.
News
January 14, 2026
Oil-Royalties says its Virtual Auction Marketplace is introducing standardized data, objective valuation tools and automated workflows aimed at improving transparency and reducing uncertainty for buyers of U.S. oil and gas royalty assets.
