The Latest

Trump Fires Off Energy Executive Orders on Alaska, LNG, EVs

President Donald Trump opened his term with a flurry of executive orders, many reversing the Biden administration’s policies on LNG permitting, the Paris Agreement and drilling in Alaska.

Ports in Texas Limit Activity Amid Cold Weather

Port Freeport on Jan. 21 said it expects limited vessel activity while Port Houston said all of its public facilities will remain closed through Wednesday as winter storm Enzo sweeps through Texas.

Utica’s Infinity Natural Resources Seeks $1.2B Valuation with IPO

Appalachian Basin oil and gas producer Infinity Natural Resources plans to sell 13.25 million shares at a public purchase price between $18 and $21 per share—the latest in a flurry of energy-focused IPOs.

Analysts’ Oilfield Services Forecast: Muddling Through 2025

Industry analysts see flat spending and production affecting key OFS players in the year ahead.

Report: Trump to Declare 'National Energy Emergency'

President-elect Donald Trump will also sign an executive order focused on Alaska, an incoming White House official said.

Major Interest: Chevron, Shell Join Vaca Muerta Crude Pipe Project

Oil producers are pumping record levels from Argentina’s Vaca Muerta shale. Chevron and Shell have backed a new crude pipeline project that aims to boost takeaway capacity—and exports—of Vaca Muerta oil.

SLB’s Big Boost from Digital Offsets Flat Trends in Oil, E&P

SLB’s digital revenue grew 20% in 2024 as customers continue to adopt the company's digital products, artificial intelligence and cloud computing.

Burgum: Yes to US Power Supply, Reliability; No on Sage Grouse

Interior Secretary nominee Doug Burgum said the sage grouse is neither endangered nor threatened; he'll hold federal leases as scheduled; and worries the U.S. is short of electric power and at risk of losing the “AI arms race” to China and other adversaries.

Cushing Crude Storage Levels Near All-Time Lows

Near-empty tanks can cause technical and price problems with oil, an East Daley Analytics analyst says.

Talos Energy’s Katmai West #2 Well Hits Oil, Gas Pay in GoM

Combined with the Katmai West #1 well, the Katmai West #2 well has nearly doubled the Katamai West Field’s proved EUR to approximately 50 MMboe gross, Talos Energy said.