North America
News
September 30, 2025
ExxonMobil plans to eliminate about 2,000 jobs worldwide, representing 3–4% of its workforce, as part of a global restructuring plan that will see Exxon consolidate offices into regional hubs focused on core growth areas.
News
September 29, 2025
Carlos Slim’s Grupo Carso has secured a $1.99 billion contract with Pemex to drill 32 wells at the Ixachi gas and condensate field in Veracruz. The project affirms Pemex's efforts to boost output amid mounting debt and a push for energy self-sufficiency by 2027.
News
September 29, 2025
BKV Corporation has closed its $370 million acquisition of Bedrock Energy Partners’ Barnett shale assets, adding 97,000 net acres, 108 MMcf/d of production, and expanded drilling inventory to solidify its role as the basin’s largest gas producer.
News
September 29, 2025
Occidental Petroleum is in talks to sell its OxyChem petrochemical unit in a deal worth at least $10 billion, the Financial Times reported Sunday. The divestment would be the U.S. company’s biggest yet.
News
September 29, 2025
Operator LLOG Exploration has achieved first production at the Salamanca Floating Production Unit in the deepwater U.S. Gulf. The facility, located in 6,400 ft of water, marks the first reuse of a former Gulf production unit repurposed for new development.
News
September 29, 2025
TotalEnergies has sold a $1.25 billion U.S. solar portfolio stake to KKR while acquiring a 49% interest in Continental Resources’ Oklahoma gas assets. The strategy highlights the French major’s balance between recycling capital from renewables and reinforcing its upstream oil and gas position in North America.
News
September 29, 2025
bp has reached a final investment decision on the $5 billion Tiber-Guadalupe development, advancing its second new production hub in the U.S. Gulf of America/Gulf of Mexico in less than two years.
News
September 26, 2025
In a new Op-Ed, Texas Railroad Commissioner Wayne Christian backs President Trump’s blunt UN remarks, calling the global climate agenda a costly con that threatens U.S. energy security.
News
September 25, 2025
Nabors Industries and Caturus Energy have launched the PACE-X Ultra™ X33 rig, the most powerful onshore drilling system in the U.S. The rig enables complex well designs, including 4-mile laterals and 14,000+ ft depths, setting new benchmarks for efficiency, safety and lower-carbon operations.
News
September 25, 2025
WellSense and FrontRow Energy Technology Group completed their first technology divestment as Halliburton acquires a global license for FiberLine Intervention (FLI) well diagnostics technology, advancing well stimulation monitoring and efficiency in the oilfield sector.
News
September 23, 2025
Seatrium Limited has agreed to sell its AmFELS Yard in Brownsville, Texas, to Karpower Valley LLC for $65 million. The divestment enhances capital efficiency while maintaining Seatrium’s U.S. market presence through technology centers and service hubs.
News
September 23, 2025
Wood Mackenzie has entered into a strategic data partnership with Novi Labs to enhance its Lens Lower 48 solution, integrating operator-verified well data and AI-driven lease-to-well algorithms. The partnership will cover 4.4 million wells that account for over 20% of global oil and gas supply.
News
September 23, 2025
U.S. President Donald Trump criticized the UK’s North Sea oil tax regime and green energy push in a UN speech, warning that Prime Minister Keir Starmer’s policies risk shutting down new offshore development.
News
September 19, 2025
In today’s global energy landscape, where operating risks are high and scrutiny can be intense, certification provides a competitive advantage, rooted in quality and consistency. The American Petroleum Institute (API) has long helped define what quality and consistency look like, developing widely adopted standards and certification programs that support safe, reliable and efficient operations across the oil and natural gas industry.
News
September 19, 2025
Texas upstream oil and gas employment ticked upward in August, with direct jobs reaching 205,100, according to new data from the Texas Independent Producers and Royalty Owners Association (TIPRO).
News
September 18, 2025
The U.S. Senate has confirmed former Energy Workforce & Technology Council (EWTC) CEO Leslie Beyer as Assistant Secretary for Land and Minerals Management at the Department of the Interior, a role with sweeping oversight of U.S. oil, gas and mining activity on federal lands and offshore.
News
September 18, 2025
ExxonMobil says global energy demand will hold steady, reinforcing its long-term fossil fuel strategy. The company plans to double LNG sales by 2030, expand production in Guyana and the Permian, and advance new LNG projects in Mozambique and Papua New Guinea.
News
September 16, 2025
Energy NL has written to Newfoundland and Labrador’s provincial party leaders ahead of the 2025 election, seeking clear positions on offshore oil and gas, Bay du Nord incentives, federal emissions cap regulations, and renewable energy development.
News
September 16, 2025
A new Rystad Energy study commissioned by AXPC highlights the vital role of independent producers in U.S. oil and gas. In 2024, onshore independents supported 3.1 million jobs and generated $488 billion in GDP output while producing over 85% of crude and 90% of natural gas.
News
September 16, 2025
Canada has approved the $10 billion Ksi Lisims LNG project, a floating export facility backed by Blackstone, Rockies LNG, and the Nisga’a Nation. Set to start by 2028, the project will become Canada’s second-largest LNG export terminal.
News
September 15, 2025
Chord Energy will acquire 48,000 acres and 9,000 boed of production in the Williston Basin from ExxonMobil’s XTO Energy for $550 million. The deal, effective Sept. 1, strengthens Chord’s drilling inventory and lowers its breakeven costs.
