Despite record-setting production in the U.S. oil and gas industry, increased volumes have not translated into more jobs for either the industry or the overall economy. In fact, the industry employs 20 percent fewer workers than it did a decade ago, according to an Oct. 29 report from the Institute for Energy Economics and Financial […]
Credit Analysis: Upstream O&G
Despite softening oil fundamentals, Fitch Ratings stated on Oct. 27 that it expects relative rating stability among North American investment-grade (IG) and high-yield (HY) upstream exploration and production (E&P) issuers, based on Fitch’s two published Peer Credit Analyses reports for the oil and gas sector. These reports compare issuers on their business and financial characteristics. […]
M&A Slumps as Low Crude Prices Keep Buyers in the Dugout
Enverus Intelligence Research, an energy-dedicated SaaS company, released on Oct. 22 its 3Q2025 U.S. oil and gas M&A report, offering insights into an upstream market still waiting for its big hit. After a hot start to the year, upstream mergers and acquisitions slid into a slump in the third quarter, with deal value dropping to […]
Water Center Gaining Momentum at Sul Ross State
The West Texas Water Research Center (WTWRC) at Sul Ross State University in Alpine, Texas, is forging ahead, with interim leadership in place, a seasoned research scientist joining the team, and a stakeholder-driven planning process underway, according to an Aug. 18 report from the WTWRC. Housed within the university’s Borderlands Research Institute (BRI) and launched […]
AI Data Center Campus Marks Engineering Milestone
BUSINESS WIRE—New Era Energy and Digital Inc., a developer and operator of digital infrastructure and integrated power assets, announced Sept. 24 the successful completion of Phase One engineering for Texas Critical Data Centers LLC, its flagship data center and power development project in the West Texas and southeastern New Mexico Permian Basin. TCDC is New […]
Smart Grid Demand Spurs Investments of $573 Billion
Growth in transmission infrastructure investment is accelerating to meet the rising smart grid demand, with the power transmission market expected to expand strongly through the 2030s. This growth is being driven by government initiatives, renewable energy integration, and the need for greater grid resilience and efficiency, as well as the adoption of technologies like smart […]
Shale Breakeven Costs to Climb
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company, released a report Sept.23 highlighting the impending depletion of North America’s core oil and gas inventory and its implications for global energy markets. “North America’s dominance in supplying global oil demand growth is waning. Over the next decade, its contribution to consumption growth is […]
Argentine Delegation Visits the Texas Permian
The Argentina-Texas Chamber of Commerce (ATCC) was scheduled to lead a mission of Argentine energy companies to Midland in October, aimed at understanding first-hand how Texan firms structure their operations and partnerships in the oil and gas industry. The initiative seeks to create bridges that will allow Argentine companies not only to apply best practices […]
AI Data Centers Drive Midstream Growth
The North American midstream sector is accelerating investments in growth projects directly related to data centers and artificial intelligence (AI), according to Fitch Ratings. Data center-driven pipelines provide diversification benefits to midstream companies, though the evolving nature of the market underscores the construction and execution risks. For most Fitch-rated issuers, data center projects provide some […]
Safety Firm Expands Quality Assurance Program
A company specializing in connected safety technology announced on Aug. 13 a major expansion of its quality assurance (QA) program. Blackline Safety Corp the company has increased its QA team, upgraded its inspection equipment, and boosted in-lab testing of its entire product line. Headquartered in Canada with offices in the UK, France, the United States, […]
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