News
June 17, 2026
President Trump said the interim U.S.-Iran agreement could be signed within days, bringing the reopening of the Strait of Hormuz one step closer and reinforcing expectations for increased Gulf oil exports and lower crude prices.
News
June 17, 2026
The Department of the Interior has reached an agreement with Invenergy to terminate four offshore wind leases and redirect approximately $765 million into natural gas and geothermal energy projects, marking a significant shift in planned U.S. energy investment.
News
June 17, 2026
Trendsetter Vulcan Offshore deployed its Hercules tethered blowout preventer system to help restore a shut-in U.S. Gulf well, enabling a deepwater dynamically positioned rig to safely perform a shallow-water workover without requiring a separate moored rig.
News
June 16, 2026
Brent crude fell below $80/bbl for the first time in more than three months as markets priced in increased oil supply following the U.S.-Iran agreement to reopen the Strait of Hormuz. Analysts lowered price forecasts as expectations grew for a recovery in Persian Gulf exports.
News
June 14, 2026
Global Energy Show Canada 2026 (GES) concluded last Thursday, June 12, after bringing together more than 38,000 attendees, 500 exhibitors and delegates from over 100 countries to discuss energy security, investment and the future of global energy development.
News
June 14, 2026
A breakthrough agreement between Washington and Tehran aims to restore oil flows through the Strait of Hormuz and restart broader negotiations over Iran’s nuclear program.
News
June 12, 2026
The U.S. has sanctioned Cuba's state-owned oil company, Cupet, adding new uncertainty to fuel supply efforts as the island grapples with ongoing energy shortages and constrained petroleum imports.
News
June 12, 2026
The Texas Railroad Commission has begun plugging six leaking orphaned gas wells in Baffin Bay, expanding state remediation efforts using emergency funding aimed at addressing high-priority environmental and safety risks.
News
June 12, 2026
ExxonMobil is reportedly evaluating potential acquisition opportunities in the LNG sector, including Australia's Woodside Energy, as the company seeks to expand its presence in global gas markets and strengthen access to Asian LNG demand.
News
June 11, 2026
Canada's energy industry could require 72,600 new hires by 2035 as more than 54,000 workers reach retirement eligibility, with labor shortages projected to emerge as early as 2027 in drilling, field operations, engineering and skilled trades.
News
June 11, 2026
Oil prices fell nearly 4% after President Trump abruptly canceled planned strikes against Iran and signaled progress toward a potential agreement, easing immediate concerns over Kharg Island and Persian Gulf oil exports.
News
June 11, 2026
President Trump threatened additional strikes against Iran and raised the prospect of targeting Kharg Island, the country's primary oil export hub, escalating concerns over global crude supplies and the future of energy flows through the Persian Gulf.
News
June 10, 2026
WTI crude settled above $91 per barrel after President Trump warned of possible new strikes against Iran and U.S. government data showed a larger-than-expected draw in crude inventories, adding to concerns over global oil supplies.
News
June 10, 2026
APA Corporation has agreed to acquire Savant Alaska for approximately $70 million, securing strategic North Slope infrastructure, including the Badami production facility and Nutaaq Pipeline, as it advances exploration and appraisal activities in Alaska.
News
June 09, 2026
Zephyr Energy has completed a key pipeline integrity milestone at its Paradox Basin project in Utah, allowing the company to begin the regulatory approval process required for gas exports and moving the development closer to first production.
News
June 08, 2026
U.S. energy services employment increased by 3,619 jobs in May, marking the third consecutive month of workforce growth as companies respond to improving activity levels while maintaining disciplined hiring strategies, according to Energy Workforce & Technology Council data.
News
June 08, 2026
Sercel has completed the first commercial sale of its Accel land nodal seismic acquisition system, with 18,000 drop nodes deployed by Explor on a large-scale seismic survey in the United States, marking the technology's first field deployment at scale.
News
June 08, 2026
IPAA has appointed Abigail Miller as vice president of communications and strategy, bringing experience from INGAA and the natural gas pipeline sector to the association's advocacy and communications efforts.
News
June 08, 2026
SLB OneSubsea has secured a subsea boosting contract for bp's Thunder Horse development, expanding the operator's use of standardized subsea processing technology across its deepwater Gulf of America portfolio, including Kaskida and Tiber.
News
June 07, 2026
Peace talks between the U.S. and Iran remain deadlocked 100 days into the conflict, while renewed military exchanges and continued disruptions in the Strait of Hormuz keep pressure on global oil markets and regional energy infrastructure.
News
June 05, 2026
Global Energy Show Canada has expanded its 2026 speaker lineup with senior energy executives, regulators and government officials from Canada, the United States, Nigeria and Ukraine, highlighting growing discussions around energy security, investment and future energy development.
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