BREAKING: US Gov’t, TotalEnergies Strike USD 1 Billion Deal; Company to Invest Reimbursed Offshore Wind Fees in Its Oil & Gas Projects
The US Department of the Interior (DOI) and TotalEnergies have signed settlement agreements to terminate the company’s two offshore wind…
North America
US Drillers Add Oil Rigs For Second Week In A Row As Prices Soar
The total number of active drilling rigs for oil and gas in the United States fell this week, according to…
North America
Trump Alaska lease sale draws record $163 mln from oil majors
The U.S. government on Wednesday held its most successful sale ever of oil and gas drilling rights in Alaska’s National…
North America
BP, Chevron were top spenders at US Gulf of Mexico oil and gas auction
A sale of drilling rights in the Gulf of Mexico on Wednesday ended with $46.98 million in high bids from…
North America
Greenland’s Untested Oil Basin Could Be the Next Big Discovery
The last time the oil industry chased a frontier like this, it changed the map of global energy. In 1968,…
North America
Drilling Rig Industry Report 2025: ADNOC Drilling, Transocean, and Baker Hughes Pushing Technological Boundaries and Strategic Investments – Global Forecast to 2033
The Drilling Rig Market is poised to grow from USD 86.92 billion in 2025 to USD 140.75 billion by 2033,…
North America
ConocoPhillips Weighs Permian Sale As Willow And LNG Shift Cash Outlook
ConocoPhillips is reportedly weighing a sale of certain Permian Basin assets as part of a portfolio streamlining effort. This comes…
North America
Equinor and BP sign agreement to advance $10bn Bay du Nord project
The government of Newfoundland and Labrador has signed a framework agreement with Equinor and BP to advance the construction of…
North America
Vestas finishes SunZia installation in New Mexico
Vestas has finished turbine installation at Pattern Energy’s 3500MW SunZia array in the U.S. state of New Mexico. The 3.5GW…
North America
TotalEnergies Eyes Long-Term LNG Supply from Alaska LNG Project
TotalEnergies has signed a preliminary agreement with Glenfarne, lead developer of the Alaska LNG project, for the long-term offtake of…
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