The U.S. House of Representatives has passed legislation to reauthorize the Permit Processing Improvement Fund, an industry-funded program that supports Bureau of Land Management offices responsible for oil and gas leasing, permitting and production activities on federal lands. SourceContinue Reading
Project updates on Bay du Nord and West White Rose highlighted the second day of the Energy NL Conference & Exhibition, alongside discussions on regulatory reform, Indigenous participation and future energy opportunities in Atlantic Canada. SourceContinue Reading
Fresh military exchanges between the U.S. and Iran are placing new strain on a fragile ceasefire and raising uncertainty around negotiations aimed at reopening the Strait of Hormuz and restoring regional energy flows. SourceContinue Reading
Aramco has selected McDermott for a long-term project management consultancy agreement supporting energy, petrochemical and low-carbon developments across Saudi Arabia, strengthening the contractor’s role in the Kingdom’s future project portfolio. SourceContinue Reading
Transportadora de Gas del Sur is pursuing a roughly $1 billion financing package to support its $3 billion Vaca Muerta NGL project, a major infrastructure development designed to expand processing, transportation and export capacity for Argentina’s growing shale sector. SourceContinue Reading
CRP Subsea has expanded its hydrostatic testing capabilities with the installation of four new pressure vessels designed to support API 17L qualification testing and improve efficiency for subsea product validation. SourceContinue Reading
Kuwait is evaluating expanded overseas oil storage capacity and alternative export routes after disruptions linked to the Iran war highlighted the country’s dependence on the Strait of Hormuz for crude exports. SourceContinue Reading
New Enverus research shows U.S. Class VI carbon storage permit approvals are accelerating in 2026, while new application activity has slowed, creating a growing pipeline of CCS projects awaiting regulatory review. SourceContinue Reading
Russian President Vladimir Putin has authorized TotalEnergies to sell its 10% stake in the Arctic LNG 2 project, allowing the French energy major to exit a U.S.-sanctioned LNG development that has faced significant operational and export challenges. SourceContinue Reading
DNV has verified the performance of Carbon Ridge’s onboard carbon capture system during a pilot installation aboard a Scorpio Tankers vessel, confirming peak CO2 capture rates of up to 98% during commercial operations. SourceContinue Reading
