Regulatory
News
April 09, 2025
APTIM and joint venture partner BWX Technologies, Inc. have been awarded a $1.4 billion contract by the US Department of Energy (DOE) to manage and operate the Strategic Petroleum Reserve (SPR), as well as its associated facilities and systems in Louisiana and Texas.
News
April 08, 2025
U.S. Energy Secretary Chris Wright will tomorrow begin a nearly two-week tour of three Middle East countries, including Saudi Arabia, marking his first visit as a U.S. official to the de facto leader of the OPEC+ oil producer group.
News
April 07, 2025
A top executive at Diamondback Energy Inc. called on President Donald Trump’s administration to explain how the global trade war will help shale producers, a rare instance of public pushback from a U.S. oil boss.
News
April 04, 2025
Key OPEC+ nations reiterated the need for members to stick to oil output quotas. The OPEC+ alliance stunned oil traders last week by announcing it would accelerate plans to revive halted supplies next month, with an increase triple the size originally scheduled.
News
April 04, 2025
Brazil’s state-controlled oil producer Petroleo Brasileiro SA said it has finished building a wildlife rescue center, fulfilling a final requirement by Ibama as it seeks approval to drill an exploratory well in a promising region offshore the country’s Northern state.
News
March 31, 2025
The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the world oil market.
News
March 28, 2025
A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze its possible effects on the climate and endangered whales.
News
March 28, 2025
The Railroad Commission of Texas assessed $1,888,364 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety.
Article
March 2025
As I write this column from the sunny climes of Madrid, World Oil’s Deepwater Development Conference (MCEDD) is underway and thriving. There is no mistaking the renewed, growing interest in deepwater projects, and the attendance and program confirm it.
News
March 26, 2025
Executives at U.S. shale companies expect President Donald Trump’s 25% steel import tariffs to lead to lower activity in the shale patch, according to the latest energy survey from the Federal Reserve Bank of Dallas.
News
March 20, 2025
Oil executives pressed for faster permitting — and didn’t discuss concerns about falling crude prices — during a meeting with U.S. President Donald Trump on Wednesday, Interior Secretary Doug Burgum said.
News
March 20, 2025
OPEC+ nations that have persistently exceeded production quotas provided updated plans to make additional cutbacks in compensation. The pledged reductions should — in theory — offset the group’s plans to revive halted output through to the end of next year.
News
March 20, 2025
EnerMech has appointed Jason Jeow as its new VP for the Asia Pacific region. With decades of extensive experience in the energy and infrastructure sectors, Jeow will confer with regulatory bodies and environmental agencies as well as collaborate with business lines and local leaders.
News
March 20, 2025
The Trump administration is poised to extend Chevron Corp.’s deadline to halt its Venezuela operations for at least another 30 days, following lobbying efforts by the Texas-based oil giant, people familiar with the matter said.
News
March 19, 2025
An analysis previously done by the U.S. Department of Energy that concluded only minor impact from increased LNG exports has now come to light, likely increasing criticism that Biden’s export pause was politically motivated.
News
March 19, 2025
Executives from more than a dozen oil companies will meet with U.S. President Donald Trump today, marking the first of its kind since Trump’s second inauguration and his creation of a new National Energy Dominance Council to shape policy.
News
March 18, 2025
Equatorial Guinea has relaunched its open-door licensing process for 2025, setting the stage for a major licensing round and marking a strategic shift toward prioritizing licensing and exploration, with a strong focus on regulatory competitiveness, tax incentives and data transparency.
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
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.
