Industry Trends
News
July 17, 2026
Texas added 400 upstream oil and gas jobs in June, according to TIPRO, as gains in the oilfield services sector offset declines in extraction employment. The association also reported nearly 11,000 industry job postings statewide and record Texas oil production tax collections.
News
July 16, 2026
Vitol is reportedly in late-stage talks to sell Delaware basin producer VTX Energy Partners to private equity firms Carnelian Energy Capital and EnCap Investments in a deal valued at approximately $2.3 billion, according to Bloomberg.
News
July 16, 2026
A new S&P Global Energy study projects U.S. LNG will become the nation's second-largest net export industry by 2031, with feedgas demand expected to double and more than $1 trillion invested across the LNG supply chain through 2040 while domestic natural gas prices remain among the world's lowest.
News
July 15, 2026
A new UK training program will allow experienced oil and gas technicians to transition between offshore hydrocarbons and offshore wind, supporting workforce mobility while preserving critical skills across the offshore energy sector.
News
July 14, 2026
SLB and Liberty Energy are expanding into the AI infrastructure market through a new partnership to deliver modular data center systems and natural gas-fired power, leveraging oilfield expertise to meet growing global demand for AI computing.
Article
June
OPITO’s International Minimum Industry Safety Training (IMIST) standard provides a globally recognized baseline for hazard awareness, safe behaviors, and personal accountability across diverse operating environments.
News
July 13, 2026
Northern Oil and Gas reaffirmed its 2026 production and capital spending guidance after improving Permian conditions, while highlighting new Ground Game acquisitions and the closing of its Duvernay joint development deal.
News
July 07, 2026
U.S. energy services employment remained relatively stable through the first half of 2026 despite a modest decline in June, according to the latest jobs report from the Energy Workforce & Technology Council (EWTC).
News
July 02, 2026
Wood Mackenzie forecasts a long-term rise in Henry Hub natural gas prices as AI-driven power demand, LNG export growth and maturing U.S. gas supply reshape market fundamentals. The consultancy expects prices to approach $5/MMBtu (real) by 2035.
News
July 01, 2026
Eni and Mercuria have agreed to form a joint venture combining their oil, LNG and biofuels trading operations. The Geneva-based company, expected to launch in 2027, will integrate Eni's energy supply chains with Mercuria's global trading expertise.
News
July 01, 2026
Flowserve has completed its $490 million acquisition of Trillium Flow Technologies' Valves Division, expanding its engineered flow-control portfolio and aftermarket capabilities across global energy and industrial markets.
Article
June
As the artificial lift market continues to evolve globally, Baker Hughes is playing a key role with innovative technologies that enhance the performance of ESPs and provide operators with greater efficiencies, lower total cost of ownership, and improved safety, as detailed by its vice president responsible for artificial lift systems (ALS).
News
June 19, 2026
Texas' upstream oil and gas sector added 4,100 jobs in May, according to TIPRO, as hiring activity accelerated and strong export demand reinforced the state's position as a leading supplier of crude oil and LNG to global markets.
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 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 09, 2026
bp will reorganize its business into two core segments—upstream and downstream—beginning July 1, simplifying its corporate structure as the company seeks to improve execution, reduce complexity and strengthen shareholder returns.
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 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.
News
June 04, 2026
The Energy NL Conference & Exhibition concluded with discussions focused on offshore development, energy security, regulatory certainty and Newfoundland and Labrador's growing role in supplying energy to global markets.
News
May 28, 2026
Texas Railroad Commissioner Wayne Christian applauded nation-leading Texas oil production growth, citing new data showing continued strength in Texas drilling activity and steady employment gains in the upstream sector.
Article
May
Upstream electrification continues to progress apace, as it helps to provide simplification of systems, reliability of operations and cost reductions in the field, says Baker Hughes executive Rodrigo Farias.
