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

BP Starts Up Atlantis Expansion Project, U.S. Gulf

January 16, 2026

bp successfully delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, its seventh upstream major project startup of the year. The project is expected to add 15,000 barrels of oil equivalent per

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EPA Proposes CWA Section 401 Rule to Streamline Permitting, Eliminate Regulatory Overreach

January 15, 2026

The U.S. Environmental Protection Agency (EPA) released a proposed rule that would return Clean Water Act (CWA) Section 401 to its proper statutory purpose, protecting water quality while eliminating regulatory overreach that has imposed unnecessary burden on critical infrastructure projects.

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NOG, Infinity Natural Resources Partner in Acquisition of Antero’s Ohio Utica Shale Assets for $1.2B

January 14, 2026

Infinity Natural Resources entered into agreements to acquire upstream and midstream assets in Ohio from Antero Resources Corporation for a combined $1.2 billion. Concurrently, Northern Oil and Gas will acquire an undivided 49 percent interest in the assets for $588

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Glenfarne and Posco Finalize Strategic Alaska LNG Partnership and Project’s First HOA

January 14, 2026

Glenfarne Alaska LNG and POSCO International Corporation signed definitive agreements finalizing the formation of a strategic partnership for the development of the Alaska LNG Project, the only federally authorized LNG export project on the U.S. Pacific Coast. Glenfarne chief executive

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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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