“The revisions announced will do much to streamline the program and ensure taxpayer funds are used efficiently to plug as many orphaned wells as possible,” wrote Railroad Commission of Texas Chairman Jim Wright. SourceContinue Reading

Helix Robotics has entered into an agreement with Denmark’s NKT for the T3600, designed to be the world’s most powerful subsea trencher. The agreement covers installation, offshore operations, project engineering and maintenance of the T3600 subsea trencher for a period of four years. SourceContinue Reading

Do Upstream Mergers Really Deliver Value for Shareholders? | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Jul 17, 2025, 5:00 PM CDT The article questions whether...Continue Reading

Wind and solar projects being constructed on federal land will be required to undergo a new review process at the Interior Department, under a new Trump administration directive that could slow the approval of projects.  SourceContinue Reading

Eni SpA’s deal to sell half of its carbon capture and storage unit to BlackRock Inc.’s Global Infrastructure Partners will likely value the business at around $1.2 billion (€1 billion), according to people familiar with the matter.  SourceContinue Reading

4 Oil Market Myths That Just Won’t Die | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jul 17, 2025, 4:00 PM CDT Despite claims of energy independence, the U.S. remains...Continue Reading

Subsea7 has been awarded a large contract by Equinor’s Fram Sør development. The project work scope covers EPCI of subsea structures and flowlines including 53 km of production, gas lift and water injection lines. SourceContinue Reading

It remains important for energy traders to closely monitor the Strait of Hormuz and other key critical maritime chokepoints in the region (recall Red Sea events last week, given persistent geopolitical tensions involving Iran and Israel.  Tehran retains a diverse toolkit—both asymmetric and conventional—for disrupting tanker traffic through the Strait of Hormuz. These methods include...Continue Reading

Africa Becomes Global Copper Battleground for Asian Powers | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jul 17, 2025, 2:00 PM CDT China and India are...Continue Reading

Chevron has effectively reached its long-term production goal of 1 million barrels of oil equivalent per day (boe/d) in the Permian Basin—and from here, it’s shifting gears. According to Bruce Niemeyer, president of Chevron’s shale business, the company now plans to hold production steady through 2040 while cutting rigs and frack crews—locking in $5 billion...Continue Reading