North America

The Chamber of Shipping of America (CSA) recently honored 101 Crowley-operated vessels and their crews with Environmental Achievement Awards, recognizing the company and its people for its safe environmental operations. 

Shell Offshore has announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the U.S. Gulf of Mexico (GoM).

An independent Texas oil and gas producer is striking back against a group of insurance companies, which are seeking $250 million in collateral beyond what the oil company has already contracted for bonds backing its production activities.

The Railroad Commission of Texas has hired two seasoned veterans who will help the agency navigate legislative affairs and oversee day-to-day engagement and outreach with the public and the media.

A coalition of oil and gas trade associations, representing over 80% of U.S. domestic production, has issued an urgent call to House Speaker Mike Johnson for immediate action on permitting reform before the close of the 118th Congress.

GD Energy Products (GDEP), a total solutions provider for the frac, drilling, and well servicing pumps market, has appointed David Paradis as its new CEO.

Enverus Intelligence® Research (EIR) has released its latest Fundamental Edge report, which focuses on global drivers for oil and gas prices through 2030, the five-year oil and gas supply and demand outlook and price forecasts.

e2Companies has announced a strategic collaboration with Nabors that will expand business opportunities for integrated power solutions in the oilfield and broader energy markets.

Rick Muncrief will retire as President and Chief Executive Officer and member of the Board of Directors of Devon Energy Corporation effective March 1, 2025. Clay Gaspar, currently Devon’s Chief Operating Officer, will succeed the role.

Join us for an exclusive webcast, during which Gulf Energy Information's expert editors will deliver deep insights into President Trump’s policies' impact on global energy markets. This webcast will explore recent shifts in U.S. energy policies and their global repercussions. Key topics include regulatory changes, adjustments in subsidies and taxes, and potential impacts on the oil, gas, and renewable energy sectors worldwide. We will explore the ramifications of the U.S. emerging as a net energy exporter and its impact on global supply chains, as well as evolving trade relations and geopolitical alliances with major oil players like OPEC, Russia, and China. The webcast will also examine energy security, geopolitical risks, and emerging trends in renewable energy investments. Additional discussions will focus on technological innovation, energy transition, and the role of AI in adapting to policy changes. Finally, we’ll explore how these developments may influence future energy prices, demand, and the overall market landscape.

National Ocean Industries Association (NOIA) President Erik Milito issued a statement after the Bureau of Ocean Energy Management released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the Gulf of Mexico.

JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, has won a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project.

Gradient Geothermal will provide Chord Energy with geothermal power generation and fluid cooling services. This first of its kind deployment of Gradient's technology removes heat from produced fluids and channels those resources to create electricity.

Upstream oil and gas activity in the part of the U.S. residing in U.S. Federal Reserve District 11 declined slightly during third-quarter 2024, as commodity prices stagnated.   

It goes without saying that the U.S. upstream industry is very pleased with the Nov. 5 election result. That large sound that some of you across the pond in Europe might have heard was the giant, collective sigh of relief coming from operators, service companies and drilling contractors throughout the country, as President-elect Trump is wasting no time in putting together a wide-ranging energy plan.

The American people sent a resounding message during the 2024 election: they do not like the direction the country is headed, and they want change. With President-elect Donald J. Trump’s decisive win, and Republicans holding both branches of Congress, the time is ripe to pivot toward policies that truly benefit hardworking Americans. High energy costs, inflation, and bureaucratic red tape are issues that families and businesses confront daily, and it’s time to turn the tide. 

McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México S.A. for the Polok and Chinwol field development project in the Gulf of Mexico. The project's engineering delivery will be led from McDermott's Houston office.

Energy NL has announced its full support of Premier Andrew Furey's statement which maintains the federal emissions cap regulations must respect the Atlantic Accord and the principle of joint management.