Geopolitics and sanctions are causing crude to accumulate on the ocean, according to the Wall Street Journal. The unusual buildup represents one of the most significant […]
Texas Supreme Court Rules Produced Water Belongs to Oil Companies, Not Landowners
The Texas Supreme Court ruled on June 27, 2025 that produced water from oil and gas operations belongs to drilling companies holding mineral leases, not surface landowners,…
US Coast Guard Pursues Third Sanctioned Oil Tanker Near Venezuela
U.S. Coast Guard officials are actively tracking a sanctioned oil…
Fusion Energy Gains Momentum Across Western States as Policy and Investment Accelerate
Fusion energy—long viewed as a distant clean power source—is moving…
The Texas Power Grid Will Get a Boost From Batteries This Winter
Texas’ power grid is expected to be more resilient this…
T1 Energy Breaks Ground on Major Texas Solar Cell Plant
Solar manufacturer T1 Energy has begun construction on a $400…
U.S. Intercepts Oil Tanker Near Venezuela After Trump Orders Sanctioned Fleet Blockade
The United States has intercepted an oil tanker in international…
Iraq Offers U.S. Oil Giants Russia’s 14 Billion Barrel Lukoil Oilfield Stake
Iraq has invited major U.S. oil companies to develop the giant West Qurna 2 field following Russian energy giant Lukoil’s forced exit under Western sanctions. […]
Russia’s Oil Revenue Plummets 25% as U.S. Sanctions and Ukrainian Strikes Bite
Russia’s income from oil exports fell to $10.97 billion in November, down nearly 25% from the same month last year and marking the weakest level […]
US Navy invests $448 million in Palantir tech to speed up shipbuilding with AI
The US Navy has invested $448 million in Palantir Technologies to deploy artificial intelligence systems designed to accelerate warship construction and address chronic delays in the service’s […]
Switzerland’s F-35 order shrinks amid $1.6 billion cost overrun after price dispute with US
Switzerland announced on Friday it would reduce the number of Lockheed Martin F-35A Lightning II fighter jets it is buying from the United States to […]
Los Angeles County Sues Oil Companies Over 227 Unplugged Wells in Inglewood Oil Field
Los Angeles County is suing four oil and gas companies for allegedly failing to plug at least 227 idle and exhausted oil wells in the […]
Texas Upstream Oil and Gas Jobs Fall by 1,300 in September
Texas upstream oil and gas employment declined by 1,300 jobs in September 2025 compared to August, according to data from the Texas Workforce Commission, which resumed publishing employment […]
BW Energy Acquires Stakes in Chevron-Operated Angola Blocks from Azule Energy
BW Energy has entered Angola’s offshore oil sector through a joint acquisition with Maurel & Prom to purchase minority stakes in two producing deepwater blocks from Azule […]
US Oil Rig Count Rises as Production Nears Record High
The United States added one oil rig during the week ending December 12, 2025, while overall rig count declined by one, according to Baker Hughes. The […]
Fermi America Stock Drops 50% After Texas Data Center Tenant Terminates Lease
Fermi America shares fell as much as 50 percent in premarket trading after the company disclosed that its first potential tenant for the Project Matador […]