Latest News

Alberta Eyes New Rules Forcing Oil Companies to Pay Overdue Municipal Taxes

Alberta is reviewing a plan that would require oil and gas companies to stay current on municipal property taxes as a condition of continued production. Rural municipalities are owed more than $250 million in unpaid taxes.

Chinese Equipment Maker LGMG Eyes Global Mining Market With Electric Trucks, Hong Kong IPO

Lingong Group's LGMG division reported 197.5% sales growth in new energy mining trucks in the first half of 2025 and is preparing for a Hong Kong IPO, signaling a major push into global mining equipment markets.

Monumental Energy Brings New Zealand Well Back Online After Workover

Monumental Energy restarted oil production at the Waihapa H1 well in New Zealand's Taranaki basin on March 13 after a workover targeting bypassed pay in the Mount Messenger formation yielded natural high-pressure flow across seven perforations.

Texas RRC Chairman Tells Trump That Texas Supplies 43% of US Crude, Backs Federal Energy Cooperation

Texas Railroad Commission Chairman Jim Wright wrote to President Trump reaffirming Texas's dominant role in US oil and gas production and pledging continued coordination between state regulators and federal energy policy.

Oklahoma Wind Storm Knocks Out Power to 10,000+ Customers, Triggers Wildfire Outbreak

Athabasca Oil Renews $280M Share Buyback Program

Buccaneer Energy Expands East Texas Position with Carlisle-1 Well Acquisition

Colorado Contractor Deploys AI Progress Tracking to Cut Labor Hours on 200+ Projects

Construction Teams Lose Money When Bid Information Doesn't Reach Field Crews

Contractor Invests in Leadership Development to Combat Worker Shortage

DOE Orders California Oil Platform Back Online, Creating Work for Pipeline Contractors

Eni Discovers 1+ Trillion Cubic Feet of Gas Offshore Libya

ExxonMobil and Halliburton Complete Automated Drilling System Test Offshore Guyana

Fluor Opens Romania Hub for Nuclear Projects, Signals European Field Work Growth

Mach Natural Resources May Add Second Oklahoma Oil Rig if Crude Stays Above $70

PETRONAS Strikes Hydrocarbons in First North Ketapang Discovery Offshore Indonesia

Yangarra Plans 40 New Belly River Wells in Alberta, Creating Opportunities for Service Companies

California Pipeline Shutdown Forces Costly Trucking Operations for Oil Producers

Libya's Mabruk Field Restarts After Decade Shutdown, Signals New Work Opportunities

Mach Natural Resources Plans $315-360 Million Capital Investment for 2026

Oklahoma Corporation Commissioner Launches Congressional Bid While Pledging to Continue Energy Regulation Duties

Oklahoma Regulators Close Water Intrusion Investigation After Unable to Find Oil Field Source

US Rig Count Rises to 553 While Oklahoma Drops One Rig

West Texas Natural Gas Prices Rebound, Lifting Regional Cash Averages

Alberta Landowners Block Oil Company Operations Over Three Years of Unpaid Lease Payments

Kansas Residents Oppose Data Centers as Infrastructure Strain Concerns Grow

Oil Glut Concerns Fade as Supply Disruptions Drive Prices Higher

SLB OneSubsea Acquires Norwegian Subsea Technology Firm Envirex Group

Volvo CE Invests $40 Million in US Manufacturing, Unveils 56-Ton Excavator for Quarry Work

Denver Hotel Project Showcases Advanced MEP Coordination for Complex Designs

Denver Mass Timber Office Opens New Market for Specialty Construction Trades

Eastern Gas Kicks Off Multi-Well Coal Seam Gas Drilling in Queensland

Ohio Asphalt Contractors Pay $30M for Falsifying Test Results on State Projects

Persian Gulf Pipeline Bypasses Hit Capacity Limits as Hormuz Disruption Continues

Quarry-to-Park Project Shows Cost Control Success for Construction Teams

Skanska Reaches Topping Out on $435 Million Florida Hospital, Employs 56 Trade Partners

TotalEnergies Adds 25,000 bpd at Brazil Offshore Field, Signals More Santos Basin Work

US Natural Gas Production Surges to Record 118.5 Bcf/d, Driving Field Service Demand

US to Release 172 Million Barrels from Strategic Reserve as Oil Prices Surge

Bonterra Energy Posts Record Production Growth, Signals Increased Field Activity

Cardinal Energy Reports Record Q4 Production at 23,514 boe/d Despite Lower Capital Spending

Cavvy Energy Raises $3.5 Million Through Warrant Exercise to Repay Debt

Tourmaline Raises $250 Million Through Bond Issuance for Debt Reduction

Assala Energy Strikes Oil in Gabon, Opening Door for Service Contractors

ProStack Expands Utah Distribution Network Through Sync Aggregate Partnership

Seadrill Names Samir Ali as New CEO, Replacing Simon Johnson

Texas Oil Production Hits Record 2.1 Billion Barrels as Permian Basin Drives Growth

US Crude Inventories Jump 3.8 Million Barrels as Refineries Ramp Up Activity

Energy Secretary Wright Warns Colorado Policies Could Drive Up Costs for Businesses

Heidelberg Materials Hits 2 Million Tons with Autonomous Haul Trucks in Texas

USA Rare Earth Buys Texas Mining Company for $73M, Plans 40K Tons Daily Output by 2030

US Crude Oil Inventories Rise 3.8 Million Barrels, Signal Potential Activity Shifts

Bryan Construction Names New CFO, Eyes Federal Contract Growth

Corpus Christi's $1B Water Infrastructure Push Creates Opportunities Amid State Pressure

New Mexico State Takes Over PFAS Cleanup After Air Force Contamination Forces 3,600 Cattle Deaths

New Zealand's Superhot Geothermal Project Creates Deep Drilling Opportunities

Seplat Energy Plans 17-Well Drilling Campaign for 2026

Shell Discovers Gas at Sirius Well Offshore Egypt, Eyes 2029 Production

Unit Corporation Reports 10% Revenue Growth After Drilling Unit Sale

Canadian Natural Resources Approves $182M Share Buyback Program

Peyto Posts Record Production, Strong Capital Efficiency in 2025 Results

Canadian Oil Production Outpaces Export Capacity, Creating Infrastructure Bottlenecks

Logan Energy Closes $62.5M Montney Acquisition With $70M Equity Raise

Patterson-UTI: Higher Oil Prices Won't Drive US Production Growth

Battalion Oil Adds 7,090 Permian Acres, Plans 30 New Drilling Locations

Eco Atlantic Expands to North Falkland Basin Through JHI Acquisition

Frontera Sells Colombian Oil Assets to Parex for $750 Million in Major Portfolio Shift

OMV Joins Shell-Led Black Sea Exploration Block in Bulgaria

TotalEnergies Brings Lapa South-West Online, Boosting Brazil Offshore Production

Chinese Oil Import Surge Points to Rising Energy Demand and Higher Service Work

Columbus Construction Boom Creates Field Service Opportunities Despite Labor Shortages

Archer Lands Three-Year Wireline Extension Worth Up to 9% of Well Services Revenue

Riley Permian's $190M Capex Boost Signals Major Activity Surge for Contractors

US Crude Oil Exports Drop 3% in 2025, First Annual Decline Since 2021

Woodside Begins 24-Well Trion Campaign in Gulf of Mexico