Industry Trends
News
July 18, 2025
Citing the latest report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) indicated a decrease in upstream employment in Texas in June following two months of consecutive job growth.
News
July 18, 2025
SLB, the world’s largest oil-services provider, sees resiliency in the industry and remains constructive about the second half of 2025 despite uncertainties in customer demand.
News
July 18, 2025
bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of share underperformance.
News
July 16, 2025
Activity is slowing in U.S. oil fields as drillers remain in the crude-price danger zone for profits, according to one of the biggest investors of private operators in the shale patch.
News
July 15, 2025
Sulzer's new facilities will support essential industries in the region, including oil and gas and power generation. The expansion underlines Sulzer's global strategy of establishing full-service, in-region capabilities to meet the needs of its industrial customers.
News
July 08, 2025
The Global Energy Show Canada (GESC) concluded after three days of high impact discussions and industry innovations. Held at Calgary’s BMO Centre, the event brought together over 36,387 attendees and nearly 400 exhibitors from across the energy value chain.
News
July 03, 2025
The Energy Workforce & Technology Council (EWTC) on Thursday released its June 2025 jobs report, reflecting a modest dip in employment within the energy services sector amid continued economic uncertainty.
News
June 26, 2025
Dräger’s Safety & Health at Work Report 2025 finds that 65 % of UK employees link poor psychological safety to physical risks and 63 % feel too much responsibility is pushed onto staff. The study urges companies to address outdated equipment, mental-health gaps, and cautious AI roll-outs.
News
June 12, 2025
The final day of URTeC on June 11 saw continued discussions on the opportunities and challenges facing the unconventional resources sector. One of these challenges was not a discussion unique to URTeC; from conferences like CERAWeek earlier this year to present, the issue of sourcing new talent and preventing knowledge loss in the industry has been a persistent concern across the oil and gas industry.
News
June 11, 2025
The Gulf’s rising importance represents a turnaround from the past two decades, when the region took a backseat to the U.S. shale boom. But now tumbling crude prices are hurting shale drillers while major, longer-term Gulf projects are starting to come online.
News
June 11, 2025
ADNOC is evaluating whether it can buy some of bp Plc’s key assets should the embattled British firm decide to break itself up or come under pressure to divest more units, according to people with knowledge of the matter.
News
June 10, 2025
Odfjell Technology and Oilfield Service Professionals (OSP) have entered a global strategic partnership aimed at enhancing operational performance, efficiency, and innovation across international oilfield markets.
News
June 06, 2025
Kongsberg Maritime has announced a partnership with Solstad, Østensjø, DeepOcean, and Remota that will launch a pilot project to explore the potential for remote Dynamic Positioning (DP) operations in the offshore sector.
News
June 04, 2025
Banks are staying confident in long-term energy fundamentals despite significant trade policy turbulence, according to the Spring 2025 Haynes Boone Energy Bank Price Deck Survey. The survey, now in its 12th edition, is a leading source of information for energy lenders and producers.
News
May 15, 2025
Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said. The IEA also downgraded the outlook for U.S. shale oil production due to lower crude prices.
News
May 07, 2025
In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram discussed some of the major challenges facing the offshore industry as a whole in an executive dialogue panel on Monday.
News
May 05, 2025
(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas. Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification.
News
April 25, 2025
According to a new report from Enverus Intelligence Research, upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018. However, activity was disproportionately driven by one company, Diamondback Energy.
News
April 21, 2025
Drivers at Energy Transfer locations across Texas, Oklahoma, and Louisiana have petitioned for a vote to remove the United Steelworkers union, potentially affecting over 420 workers in the oil and gas transportation sector.
News
April 21, 2025
TIPRO reports a 700-job decline in Texas upstream oil and gas employment in March, despite strong hiring activity and record production in the Permian and Eagle Ford. Regulatory shifts and market volatility continue to shape industry outlooks.
News
March 10, 2025
“A consequential time for energy and the world,” was how S&P Vice Chairman Daniel Yergin began his opening remarks, as the 2025 session of CERAWeek by S&P Global kicked off on March 10th in the Hilton Americas hotel. The sentiment was echoed through the panels to follow and proved a central theme to the day’s discussions.
