Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Experts Say Trump’s Plan to Seize and Revitalize Venezuela’s Oil Industry Faces Major Hurdles

January 5, 2026

President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn’t likely to have a significant immediate impact on oil prices. Venezuela’s oil industry

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Happy New Year!

December 30, 2025

As we reflect on this past year, we are grateful for all those who helped shape our business in the most significant way. This is an exciting industry to be a part of as this administration puts mining and oil

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Wishing You a Merry Christmas!

December 23, 2025

As we celebrate the birth of Jesus this week we are humbled by his sacrifices made throughout his journey. This week many in our industry will be taking the week off to enjoy much needed time with family and friends

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Two Southeastern U.S. Pipeline Projects Gain FAST-41 Coverage

December 22, 2025

The Federal Permitting Improvement Steering Council said the Mississippi Crossing and South System Expansion 4 projects have been added to FAST-41 coverage. Together these pipeline projects will play a key role in addressing the growing need for natural gas in

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Williams Secures Key Permits for Northeast Supply Enhancement Project

December 22, 2025

Williams has reached a significant regulatory milestone for its Northeast Supply Enhancement (NESE) project, securing the Clean Water Act Section 401 and 404 permits from the New Jersey Department of Environmental Protection (NJDEP) as well as the Section 401 Water

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Viper Energy to Sell Non-Permian Assets for $670 Million

December 22, 2025

Diamondback Energy on Monday beat estimates for quarterly profit and said it would sell its subsidiary Viper Energy’s non-Permian assets for $670 million to an affiliate of GRP Energy Capital and Warwick Capital Partners. U.S. shale producers are turning to

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Plug Power Names Jose Luis Crespo as President and CEO

December 18, 2025

Plug Power has appointed Jose Luis Crespo as president and chief executive officer. Crespo assumes roll as president October 10 and will assume roll as CEO in March 2026. Crespo will succeed Andy Marsh as CEO. Andy Marsh will continue

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BLM Oil and Gas Lease Sale in Colorado Generates Nearly $4.9 Million in Revenue

December 17, 2025

The Bureau of Land Management leased 37 parcels totaling 30,528 acres in Colorado for $4,884,267 in total receipts during a quarterly oil and gas lease sale. Combined lease bonus bids and rentals are distributed between the federal government and state

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Gulf of America Lease Sale Draws $279 Million in High Bids

December 16, 2025

The Department of the Interior said the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease sale required under the One Big Beautiful Bill Act. The

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Brookfield Partners with Nvidia, Kuwait Investment Authority for $100B AI Infrastructure Program

December 16, 2025

Brookfield has launched a $100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (KIA). Brookfield will anchor the program with the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), which launched with a target of $10

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