North America
News
July 30, 2026
Shell's upstream business drove a stronger second quarter, with higher oil and gas prices and record production in Brazil lifting adjusted earnings to $9.8 billion while the company advanced its ARC Resources acquisition.
News
July 30, 2026
bp has started production from its Atlantis Major Facility Expansion project in the U.S. Gulf, adding 10,000 boed of gross peak production while extending the life of one of its flagship deepwater assets through new subsea water injection infrastructure.
News
July 29, 2026
Brent crude climbed above $90/bbl after President Donald Trump signaled new U.S. strikes against Iran, renewing concerns over Middle East oil supplies, shipping disruptions and global energy security.
News
July 29, 2026
Canadian Prime Minister Mark Carney said Canada will not restrict oil exports or use energy supplies as leverage in its trade dispute with the United States, reaffirming the country's commitment to remaining a reliable energy supplier despite escalating tariff tensions.
News
July 28, 2026
The Hibernia platform has reported its second potentially fatal safety incident since May after a worker was injured by falling casing during drilling operations, prompting continued oversight by Canada's offshore energy regulator.
News
July 28, 2026
A record-setting BLM geothermal lease sale in New Mexico is driving higher federal acreage values, with Enverus forecasting stronger competition and rising bids in upcoming geothermal auctions across the western U.S.
News
July 28, 2026
President Trump said he wants to avoid further escalation with Iran as negotiations continue over reopening the Strait of Hormuz, keeping global oil markets focused on the region's critical shipping corridor.
News
July 28, 2026
PetroChina is reportedly weighing the sale of part of its stake in LNG Canada to help finance the project's planned Phase 2 expansion, as growing geopolitical tensions reinforce demand for new LNG export capacity.
News
July 27, 2026
Baker Hughes has secured a major LNG technology order for Venture Global's CP2 expansion project in Louisiana, supplying liquefaction equipment that will support the next phase of U.S. LNG export capacity.
News
July 27, 2026
Talos Energy has agreed to acquire a 50% working interest in Repsol-operated Block 29 offshore Mexico, adding more than 200 MMboe of gross recoverable resources across the Polok and Chinwol discoveries as the partners target a final investment decision in 2027.
News
July 24, 2026
The U.S. Department of Energy has granted Argent LNG a 20-year authorization to export up to 25 MMtpa of liquefied natural gas from its proposed Port Fourchon, Louisiana, terminal to Free Trade Agreement nations, marking a major regulatory milestone for the project.
News
July 24, 2026
SLB reported stronger second-quarter revenue as international offshore growth offset continued Middle East disruptions, with deepwater activity, production systems and digital technologies driving momentum heading into 2027.
Article
July
With the tenure of former Canadian Prime Minister Justin Trudeau firmly in the rearview mirror, current Prime Minister Mark Carney has been loosening up energy policy that is augmented by helpful provincial regulation. Thus, the offshore community in Newfoundland and Labrador looks forward to resurgent activity, anchored by projects like Bay du Nord.
News
July 22, 2026
Oil prices climbed toward $95/bbl as escalating U.S.-Iran hostilities, tanker attacks in the Strait of Hormuz, Red Sea shipping threats and disruptions to Kazakhstan's crude exports heightened concerns over global oil supplies and market volatility.
News
July 22, 2026
TGS has launched Phase 2 of its Orphan Basin 3D seismic reprocessing project offshore Newfoundland and Labrador, applying advanced depth imaging technologies to enhance prospect evaluation across 13,300 km² of one of Canada's most prospective offshore exploration regions.
News
July 21, 2026
Halliburton reported second-quarter 2026 revenue of $5.7 billion as stronger North American stimulation and well construction activity drove sequential growth, while the company cited a robust international pipeline and continued demand for its oilfield technologies.
News
July 20, 2026
Phoenix Energy has surpassed 50,000 bopd of production in the Williston basin, marking a major operational milestone as the independent E&P company continues expanding its Bakken operations across North Dakota and Montana.
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 19, 2026
The U.S. and Iran exchanged new strikes over the weekend, raising tensions across the Middle East and increasing risks to oil markets, commercial shipping and energy infrastructure. The latest escalation comes as attacks near the Strait of Hormuz continue to support higher crude prices.
News
July 17, 2026
Fluor has agreed to sell its equity stake in the ICA-Fluor Daniel joint venture to partner ICA for $175 million, ending a more than 30-year partnership that supported oil and gas, power, mining and industrial projects across Mexico.
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.
