North America
News
September 25, 2025
Nabors Industries and Caturus Energy have launched the PACE-X Ultra™ X33 rig, the most powerful onshore drilling system in the U.S. The rig enables complex well designs, including 4-mile laterals and 14,000+ ft depths, setting new benchmarks for efficiency, safety and lower-carbon operations.
News
September 25, 2025
WellSense and FrontRow Energy Technology Group completed their first technology divestment as Halliburton acquires a global license for FiberLine Intervention (FLI) well diagnostics technology, advancing well stimulation monitoring and efficiency in the oilfield sector.
News
September 23, 2025
Seatrium Limited has agreed to sell its AmFELS Yard in Brownsville, Texas, to Karpower Valley LLC for $65 million. The divestment enhances capital efficiency while maintaining Seatrium’s U.S. market presence through technology centers and service hubs.
News
September 23, 2025
Wood Mackenzie has entered into a strategic data partnership with Novi Labs to enhance its Lens Lower 48 solution, integrating operator-verified well data and AI-driven lease-to-well algorithms. The partnership will cover 4.4 million wells that account for over 20% of global oil and gas supply.
News
September 23, 2025
U.S. President Donald Trump criticized the UK’s North Sea oil tax regime and green energy push in a UN speech, warning that Prime Minister Keir Starmer’s policies risk shutting down new offshore development.
News
September 19, 2025
In today’s global energy landscape, where operating risks are high and scrutiny can be intense, certification provides a competitive advantage, rooted in quality and consistency. The American Petroleum Institute (API) has long helped define what quality and consistency look like, developing widely adopted standards and certification programs that support safe, reliable and efficient operations across the oil and natural gas industry.
News
September 19, 2025
Texas upstream oil and gas employment ticked upward in August, with direct jobs reaching 205,100, according to new data from the Texas Independent Producers and Royalty Owners Association (TIPRO).
News
September 18, 2025
The U.S. Senate has confirmed former Energy Workforce & Technology Council (EWTC) CEO Leslie Beyer as Assistant Secretary for Land and Minerals Management at the Department of the Interior, a role with sweeping oversight of U.S. oil, gas and mining activity on federal lands and offshore.
News
September 18, 2025
ExxonMobil says global energy demand will hold steady, reinforcing its long-term fossil fuel strategy. The company plans to double LNG sales by 2030, expand production in Guyana and the Permian, and advance new LNG projects in Mozambique and Papua New Guinea.
News
September 16, 2025
Energy NL has written to Newfoundland and Labrador’s provincial party leaders ahead of the 2025 election, seeking clear positions on offshore oil and gas, Bay du Nord incentives, federal emissions cap regulations, and renewable energy development.
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.
