Fortuna Investments, a leading America-first venture capital firm, announced on July 15 the expansion of its operations into Midland, Texas, where it will build upon its focus on rare earth elements, space infrastructure, and uranium and nuclear energy. Known for its investments in critical, high-growth sectors, Fortuna continues to deepen its national presence—now with a […]
Permian Contributes Over $119 Billion And More Than 862,000 Jobs Nationally
The Permian Basin continues to fuel America’s economy and energy future. The Permian Strategic Partnership (PSP) released its 2024 Economic Impact Report on July 21, highlighting the region’s essential role in supporting critical government functions such as public education and teacher support, police and fire departments, roadside safety, community hospitals, and universities. The region generated $119 […]
New Texas Oilfield Lab Seeks to Reshore Chem Testing, Supply
Cathedral Holdings, Inc., a U.S.-based specialty chemical distribution group, announced on July 24 its opening a new 5,000-square-foot technical lab and office facility in The Woodlands, Texas. While the space will support multiple specialty chemical companies under Cathedral’s umbrella, it will serve as the official headquarters for Centrium Energy Solutions, the group’s newly launched oil […]
Energy Sector Drives CCUS Growth
Carbon capture, utilization, and storage (CCUS) is rapidly emerging as a key solution in the global energy transition, offering a realistic path to decarbonize hard-to-abate sectors such as cement, steel, refining, and thermal power generation. Oil and gas companies are playing a leading role in the development and deployment of CCUS. As of 2024, more […]
Texas Legislature Stakes RRC’s Mission
The Texas Legislature took major action this legislative session with historic funding for the Railroad Commission of Texas (RRC), appropriating more than $593 million for the agency over the next two fiscal years. This appropriation includes $100 million for oil and gas well plugging to be used by the RRC’s State Managed Plugging Program (SMP) […]
Energy M&A Activity Attains New Heights
With energy demand increasing substantially in recent years, energy and utilities companies are preparing for immediate growth opportunities, and they are using mergers and acquisitions (M&A) as a tool to increase operational efficiencies, integrate new technologies, and create greater stability within the sector. Energy sector M&A is gaining significant momentum, with transaction volumes exceeding $57B in […]
Oxy’s Hollub Named Recipient of Award
WPC Energy announced June 30 that Vicki Hollub, President and CEO of Occidental (since 2016), has been selected as the recipient of the Dewhurst Award, the highest honor bestowed by WPC Energy, in recognition of Hollub’s leadership and contributions to the energy industry. The award will be formally presented during the 25th WPC Energy Congress, […]
Energy Group Lauds U.S. Senate Proposal
The Energy Workforce and Technology Council (EWTC) released on June 12 the following statement applauding the United States Senate Energy and Natural Resources Committee’s Reconciliation proposal: “This is a strong step toward restoring common sense in American energy policy,” said Energy Workforce President Tim Tarpley. “The Senate Energy and Natural Resources Committee’s proposal prioritizes American energy security […]
Manufacturer Rolls Out New Line of Specialty Gas Dryers
Natural gas keeps stealing the headlines in O&G in 2025, and as the prospects for gas soar, so does the infrastructure commitments and hardware manufacturing. The latest rollout comes from PSB Industries, a specialist in the design and fabrication of systems for dehydrating and purifying gases and liquids. PSB announced its new offerings of Specialty […]
Geothermal from Great Basin: Great Potential
Geothermal energy in the Great Basin of Nevada and adjoining states could produce electricity equal to one-tenth of the current U.S. power supply, according to assessments by the U.S. Geological Survey, as documented in a paper released May 22. The projected 10 percent would be a major increase, as geothermal energy currently generates less than 1 […]
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