North America
News
March 18, 2025
The American Petroleum Institute today joined over 100 other trade groups representing a wide range of stakeholders in sending a letter to House and Senate leadership welcoming U.S. Congress’ efforts to protect consumers and reverse California’s harmful vehicle mandates.
News
March 17, 2025
The U.S. Department of the Interior Office of the Inspector General has released an audit report showing the Railroad Commission of Texas successfully used federal grant funding for orphaned well plugging and complied with all related laws and regulations.
News
March 17, 2025
Chevron Corp. bought nearly 5% of Hess Corp. as a show of confidence that it will win the arbitration battle with ExxonMobil Corp. that has delayed the Hess takeover for more than a year. The stake is worth about $2.3 billion at today’s price.
News
March 17, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman spoke out in support of President Donald Trump's recent signing of the H.J.Res.35, which through the Congressional Review Act process disapproves of the Biden Environmental Protection Agency’s (EPA) methane tax regulations.
News
March 14, 2025
U.S. President Donald Trump is set to meet with top oil executives at the White House next week as he charts plans to stoke domestic energy production, even as the industry grows uneasy about falling crude prices and tariff uncertainty.
News
March 13, 2025
Murphy Oil Corporation has announced an agreement to acquire the BW Pioneer FPSO from BW Offshore. The FPSO will remain at its current location, supporting operations at the Cascade field and Chinook field in the Gulf of America.
News
March 13, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued a statement of support on EPA's announcement today of actions to advance President Trump’s Day One executive orders on energy.
News
March 12, 2025
American Petroleum Institute President and CEO Mike Sommers issued a statement after the U.S. Environmental Protection Agency announced plans to reconsider several major rulemakings as part of a broader agenda to support American energy dominance.
News
March 12, 2025
The U.S. Environmental Protection Agency said Wednesday it will reconsider the Obama administration’s so-called endangerment finding, a move that could dismantle the legal foundation for sweeping climate change rules.
News
March 10, 2025
A Poland shipyard has ordered 6 × MAN 12V175D high-speed variable speed engines in connection with the construction of an OSV (Offshore Support Vessel) for DOF. Named ‘Sea Dragon’, the OSV is set to assist operations off the coast of Newfoundland, Canada.
News
March 07, 2025
ADNOC is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the matter. CEO Sultan Al Jaber is set to outline the investment strategy, including a U.S. focus, during a speech at the CERAWeek by S&P Global energy conference in Houston on Tuesday.
News
March 06, 2025
Today, Venture Global along with federal and state officials announced plans for a brownfield expansion at its Plaquemines LNG facility near New Orleans, Louisiana. The planned expansion will bring the expected total production capacity to over 45 MTPA at Plaquemines.
Article
February 2025
President Donald Trump’s remaking of U.S. energy policy is moving at breakneck speed, with many moving parts.
News
March 04, 2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman has issued a statement ahead of President Donald Trump’s address to a Joint Session of Congress, citing the historic changes happening within the energy sector.
News
March 03, 2025
Baker Hughes and Frontier Infrastructure have announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the U.S.
News
February 28, 2025
The Texas Alliance of Energy Producers and the Independent Petroleum Association of America (IPAA) have both released statements applauding energy leaders in the U.S. House and Senate in eliminating a costly and harmful EPA rule put into place late last year.
Article
February 2025
It’s been an odd start to 2025. Amid stronger underlying factors, the Canadian oil patch normally would be gearing up to bolster production. But with the federal government in disarray amid threats of a damaging trade war from the U.S., uncertainty remains the only constant.
News
February 27, 2025
The Senate has voted to repeal a new U.S. fee on methane emissions from oil and gas producers, sending the measure to President Trump for signature. Trump previously criticized the Biden administration's oil and gas regulations as too burdensome on the industry.
News
February 26, 2025
U.S. President Donald Trump said he plans to revoke an oil license to operate in Venezuela, citing the country’s failure to take back migrants to the U.S. as quickly as it promised. Under the terms of the license, Chevron would have to exit Venezuela by the end of July.
News
February 26, 2025
American Petroleum Institute (API) President and CEO Mike Sommers addressed the Economic Club of Pittsburgh where he discussed rising electricity demand driven by the AI revolution and detailed policy solutions for the Trump administration and new Congress to power America’s energy future.
News
February 26, 2025
Oxford Flow has secured an order valued at nearly $1 million USD for its ES stemless axial flow valves. The order from bp is a significant milestone in Oxford Flow’s expansion in the U.S market, and marks the company's largest order to date.
