North America
News
January 20, 2026
Private equity firm Blackstone Inc. is weighing a potential $5 billion-plus sale of Beacon Offshore Energy, highlighting renewed investor interest in deepwater Gulf of Mexico oil assets amid a slowdown in U.S. shale consolidation.
Article
December 2025
Unconventional drilling demands uncompromising rig performance, and new rig designs are delivering value by reducing flat time, increasing efficiency and improving safety
Article
December 2025
Following the resumption of federal lease sales, the Gulf of America is re-emerging as a cornerstone of U.S. offshore energy. Predictable leasing, permitting reform, and continued investment position the region to support long-term oil and gas production, workforce stability, and energy security.
News
January 19, 2026
Mexican billionaire Carlos Slim is expanding his offshore oil presence with a $270 million deal for remaining stakes in Campeche fields, deepening private investment in Mexico’s upstream sector.
News
January 15, 2026
U.S. oil producers will need firm guarantees against asset seizures before returning to Venezuela, according to shale executive and Trump ally Harold Hamm, underscoring the geopolitical risks still shaping investment decisions.
News
January 14, 2026
Louisiana Cat has sold Custom Compression Systems to Encore Oilfield Services, transferring a long-standing Gulf Coast natural gas compression fabrication business as Encore expands its compression footprint and Caterpillar engine supply.
News
January 14, 2026
EWTC’s latest jobs report shows U.S. oilfield services employment ended 2025 slightly lower than earlier highs, highlighting a year shaped by market uncertainty and shifting labor conditions.
News
January 13, 2026
Kolibri Global Energy reported improving early production from new Barnes and Velin wells in Oklahoma’s Tishomingo field, with oil cuts near 83% and Barnes wells outperforming earlier Lovina results on a lateral-adjusted basis.
News
January 12, 2026
During a Monday press call previewing API’s 2026 State of American Energy event, API President and CEO Mike Sommers framed Venezuela as both a cautionary tale and a long-term opportunity—one that will take time, capital and policy reform to meaningfully affect global balances.
News
January 12, 2026
U.S. President Donald Trump said he is inclined to exclude ExxonMobil from efforts to revive Venezuela’s oil industry, highlighting growing tensions with U.S. oil companies over investment risks, security guarantees, and post-Maduro stability.
News
January 12, 2026
Forum Energy Technologies has appointed Leslie A. Beyer, former assistant secretary at the U.S. Department of the Interior and ex-Energy Workforce & Technology Council CEO, to its board of directors, strengthening regulatory and industry expertise.
News
January 11, 2026
The Trump administration is pushing for a rapid revival of Venezuela’s oil sector, but political instability, security risks and governance concerns threaten near-term investment. Oil executives warn that without durable protections and clarity, billions in upstream capital may remain on the sidelines.
News
January 09, 2026
Oil executives struck a cautious tone on Venezuela during Friday's White House meeting with President Trump, underscoring concerns over security, legal protections and investment risk—even as the administration presses to revive the country’s long-declining oil sector.
News
January 09, 2026
Independent Petroleum Association of America said U.S. independent oil and natural gas producers remain critical to energy security and local economies, while facing a challenging price environment that complicates capital allocation and long-term investment decisions.
News
January 09, 2026
The Trump administration does not plan to fund a revival of Venezuela’s oil sector, Interior Secretary Doug Burgum said, signaling U.S. energy companies will rely on private capital markets for investment.
News
January 08, 2026
ExxonMobil, ConocoPhillips and other major U.S. oil firms are examining potential roles in Venezuela’s energy sector following the ouster of Nicolás Maduro, Energy Secretary Chris Wright said.
News
January 07, 2026
Lower oil prices reduced Exxon’s fourth-quarter results by up to $1.2 billion, partially offset by stronger refining margins, as the supermajor becomes the first to flag earnings pressure ahead of reporting season.
News
January 07, 2026
Canadian heavy crude prices weakened after the Trump administration said it would market Venezuelan oil globally, raising concerns about renewed competition for US Gulf Coast refiners and wider heavy crude price discounts.
News
January 07, 2026
U.S. Energy Secretary Chris Wright says the United States will control Venezuelan oil exports indefinitely, using sales revenue to support economic rebuilding and leverage reforms.
