North America
News
February 18, 2026
Occidental reported strong fourth-quarter 2025 production and cash flow, exceeded output guidance and reduced debt following its OxyChem sale, reinforcing its Permian-focused portfolio and balance sheet strength.
News
February 18, 2026
SM Energy has agreed to sell 61,000 net acres and 260 producing wells in South Texas to Caturus Energy for $950 million, with proceeds expected to reduce debt and strengthen its balance sheet.
News
February 17, 2026
The offshore industry is marking the anniversary of the Ocean Ranger disaster, remembering the 84 crew members lost in 1982 and the lasting impact on offshore safety standards worldwide.
News
February 16, 2026
Buccaneer Energy has completed an organic oil recovery pilot at its Pine Mills field in East Texas, reporting increased production and reduced water cut as it evaluates expansion of the enhanced recovery program.
News
February 14, 2026
Canada’s energy minister says carbon capture investments and the Pathways Alliance project will help secure the long-term future and global competitiveness of the country’s oil sands industry.
News
February 12, 2026
The Independent Petroleum Association of America expressed support for EPA’s repeal of the 2009 endangerment finding and called for clear, durable greenhouse gas regulations affecting U.S. upstream oil and gas producers.
News
February 11, 2026
The U.S. has issued a general license allowing oilfield service companies to resume limited operations in Venezuela, signaling a further easing of sanctions aimed at restoring crude production and rebuilding the country’s oil infrastructure.
News
February 11, 2026
Harbour Energy has completed its $3.2-billion acquisition of LLOG Exploration, establishing a major deepwater position in the U.S. Gulf of America and adding oil-weighted production with growth to 70 MMbpd expected by 2028.
News
February 10, 2026
Expand Energy will relocate its corporate headquarters to Houston in 2026 and appoint Chairman Michael Wichterich as interim CEO, positioning the company closer to global natural gas markets while reaffirming its capital, synergy and operating outlook.
News
February 09, 2026
Oilfield service and technology executives are heading to Washington in record numbers this week, urging lawmakers to accelerate permitting reform, stabilize trade policy and ensure regulatory certainty as operators weigh new drilling and infrastructure investments.
News
February 06, 2026
The Texas Railroad Commission assessed more than $1.4 million in enforcement penalties against oil and gas operators and related businesses, reflecting continued regulatory oversight of industry compliance and pipeline safety across the state.
News
February 06, 2026
Canadian crude markets are showing signs of oversupply as widening Western Canadian Select discounts, rising storage incentives and increased competition from Venezuela pressure oil sands producers despite expanded export capacity.
News
February 05, 2026
Beacon Offshore’s Shenandoah field is demonstrating how advanced engineering and production chemistry are enabling reliable output from ultra-high-pressure, deepwater reservoirs. Rapid ramp-up and stable early performance highlight new benchmarks for HPHT development in the U.S. Gulf.
News
February 05, 2026
The Independent Petroleum Association of America (IPAA) has promoted Dan Naatz to executive vice president and chief policy officer, strengthening its advocacy for U.S. independent oil and gas producers on federal leasing, methane regulation and permitting reform.
News
February 05, 2026
VAALCO Energy has agreed to sell its non-core producing assets in Canada for approximately $35 million, allowing the company to refocus capital on higher-impact drilling and development opportunities across its core portfolio.
News
February 04, 2026
Mexico’s state oil company Pemex has reduced its debt to an 11-year low after receiving more than $40 billion in government support, as President Claudia Sheinbaum looks to revive oil production, attract private investment and stabilize aging upstream assets.
News
February 03, 2026
The U.S. government is preparing to issue a general license to allow companies with U.S. ties to restart oil production in Venezuela, easing sanctions and supporting revival of the country’s upstream sector.
News
February 02, 2026
The Energy Workforce & Technology Council welcomed new U.S. Department of the Interior action aimed at supporting oil and gas production on federal lands, citing workforce and energy security benefits.
News
February 02, 2026
Devon Energy and Coterra Energy have agreed to a $58-billion all-stock merger that will create one of the largest shale producers in the U.S., anchored by a dominant position in the Delaware basin.
Article
January
U.S. natural gas demand is on track to surge by roughly 30 Bcfd by 2030, driven largely by LNG exports—but can drilling keep up? In this month’s Drilling Advances column, Ford Brett breaks down what isn’t holding the industry back anymore—and the bottlenecks that could determine whether drillers can deliver the next wave of gas supply.
News
January 30, 2026
The American Petroleum Institute welcomed a proposed Department of the Interior rule aimed at modernizing federal commingling regulations, citing potential benefits for operational efficiency and responsible resource development.
