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

BLM Oil and Gas Lease Sale in New Mexico and Oklahoma Generates Nearly $327 Million

January 12, 2026

The Bureau of Land Management leased 31 parcels totaling 20,399 acres in New Mexico and Oklahoma for $326,811,240 in total receipts during a quarterly oil and gas lease sale. Combined lease bonus bids and rentals are distributed between the federal

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U.S. Drillers Cut Oil and Gas Rigs for First Time in Three Weeks

January 12, 2026

U.S. energy firms last week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig

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Permitting Council Completes Federal Permitting Ahead of Schedule for Alaska LNG Project

January 8, 2026

The Federal Permitting Improvement Steering Council has completed federal permitting for the Alaska LNG project. The 20 million tonne per year LNG project will facilitate development of Alaska’s vast North Slope natural gas resources, providing Alaskans and our allies around

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NextDecade Makes $6.7 Million FID on Rio Grande LNG Train 5, Texas

January 8, 2026

NextDecade Corporation has made a positive final investment decision (FID) on Train 5 at Rio Grande LNG, closed financial transactions to fully fund Train 5 and related infrastructure, and issued full notice to proceed to Bechtel Energy for Train 5.

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Phillips 66 and Kinder Morgan to Launch New Open Season on Western Gateway Pipeline

January 5, 2026

Phillips 66 and Kinder Morgan said Western Gateway has received significant interest, including shipper commitments, and has closed the initial open season for transportation service on the Western Gateway Pipeline (Western Gateway), a newly proposed refined products pipeline system. Based

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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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