United States

Oil & gas and construction news for subcontractors working in United States — 15 stories and counting.

Precision Drilling's AI Maintenance System Cuts Mud Pump Downtime 75%

Precision Drilling and Prescient Devices built an AI-driven predictive maintenance system that cuts mud pump Code-8 downtime by 75% and extends component life 54%, per Drilling Contractor.

21h ago

Compliance

What ABC's STEP Safety Data Means for Subs Bidding Against Uncertified Rivals

A new ABC report shows STEP-certified contractors post incident rates 686% better than the industry average, a gap that increasingly shows up in EMR calculations, insurance pricing and GC prequalification scoring.

Jul 7, 2026

Editorial image: Aerial view contrasting safety-briefing organization - What ABC's STEP Safety Data Means for Subs Bidding Against Uncertified Rivals

Revenue

Refiners Post Near-Record Margins as Fuel Markets Stay Tight

According to Bloomberg via Rigzone, US refiner profit margins remain near their highest since 2022, with refineries running at maximum capacity to meet tight gasoline and diesel supplies.

Jul 4, 2026

Industry

Interior Department Proposes Lower Drilling Costs and Looser Methane Rules on Federal Land

The Trump administration's proposed BLM rule changes would cut bonding requirements and ease methane regulations for oil and gas operators on federal land, with major implications for service companies on federal leases.

Jul 1, 2026

Industry

Aecon Buys Out Oaktree's Stake in Utilities Arm for $320 Million

Aecon is acquiring the remaining ownership interest in Aecon Utilities from Oaktree Capital Management for $320 million, moving to full control of its electrical, pipeline, and communications infrastructure business.

Jun 26, 2026

Editorial image: Fleet consolidation, unified operations night - Aecon Buys Out Oaktree's Stake in Utilities Arm for $320 Million

Industry

Hydrogen Damage Is Hiding in Your Equipment: What MI Programs Need to Get Right

Hydrogen-related damage mechanisms are among the most dangerous and least visible threats in process facilities. Here's what maintenance contractors and mechanical integrity programs need to understand across the full asset lifecycle.

Jun 26, 2026

Editorial image: Inspector probing hidden steel damage - Hydrogen Damage Is Hiding in Your Equipment: What MI Programs Need to Get Right

Industry

Nuclear's Global Revival Is Opening New Heavy Industrial Work for Field Services

Nuclear power is gaining momentum worldwide as part of an "all of the above" energy security strategy, and the construction and maintenance work that follows could mean significant new opportunities for specialized field service firms.

Jun 15, 2026

Editorial image: Nuclear containment construction close-up - Nuclear's Global Revival Is Opening New Heavy Industrial Work for Field Services

Industry

Bid-Rigging Is More Common Than You Think, and Regulators Are Watching

Bid-rigging remains a widespread problem in construction procurement, costing taxpayers billions and exposing contractors to serious legal risk. Here's what field operators need to know.

May 26, 2026

Editorial image: Bid envelopes, institutional dusk - Bid-Rigging Is More Common Than You Think, and Regulators Are Watching

Workforce

Construction Unemployment Rises in 44 States, but Contractors Are Holding Onto Crews

New state-level labor data shows construction unemployment climbing across most of the country, yet contractors are keeping workers on payroll. Here's what that tension means for subcontractors planning summer capacity.

May 18, 2026

Editorial image: Tank farm aerial dusk - Construction Unemployment Rises in 44 States, but Contractors Are Holding Onto Crews

Industry

Aging Concrete in US Process Facilities Signals Growing Repair Demand for Field Services

Core concrete infrastructure at US refineries and chemical plants is reaching 60 to 80 years old, according to Inspectioneering Journal, pointing to rising demand for structural assessment and repair work across the industry.

May 5, 2026

Editorial image: Aging refinery concrete deterioration - Aging Concrete in US Process Facilities Signals Growing Repair Demand for Field Services

Industry

Western Energy Services Reports 20% Revenue Drop in Q1 2026 Amid Soft Drilling Demand

Western Energy Services posted Q1 2026 revenue of $55.3 million, down 20% year-over-year, as market uncertainty and low gas prices weighed on drilling and well servicing activity across Western Canada.

Apr 29, 2026

Editorial image: Idle drill pipe at dawn - Western Energy Services Reports 20% Revenue Drop in Q1 2026 Amid Soft Drilling Demand

Compliance

New Excavator System Automatically Stops Bucket Before Hitting Buried Utilities

Xwatch Safety Solutions and RodRadar have partnered to create what they call the industry's first safety-grade system that physically halts excavator bucket movement the moment underground utilities are detected.

Apr 22, 2026

Industry

Canada Still Dominates US Equipment Exports Despite 13% Drop in 2025

Canada absorbed 45% of all US equipment exports last year, totaling $5.1 billion, even as overall American machinery exports fell nearly 10%, according to a new AEM industry report.

Apr 10, 2026

Editorial image: Frost-covered excavator at dawn - Canada Still Dominates US Equipment Exports Despite 13% Drop in 2025

Industry

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

US crude exports fell to 4.0 million barrels per day despite record production, as more oil went to domestic refineries and strategic reserves.

Mar 10, 2026

Editorial image: Dawn tank farm workers - US Crude Oil Exports Drop 3% in 2025, First Annual Decline Since 2021

Industry

U.S. fracking equipment moves overseas as shale growth slows

Idle fracking capacity heads to international markets, potentially creating workforce and service opportunities for Canadian subcontractors.

Mar 1, 2026

$Editorial image: Fracking equipment staged for export - U.S. fracking equipment moves overseas as shale growth slows$

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