oil and gas industry
Coverage of oil and gas industry in the Nexus archive.
- BP North Sea exit presents wake-up call on Scottish energy
BP's exit from the North Sea presents a wake-up call regarding Scottish energy. This transition comes amidst difficulties for the traditional oil and gas industry. Further complicating matters is reports that renewables projects are faltering.
- NCDMB commends Brentex on $50m steel pipe facility, assures of industry patronage
The NCDMB commended Brentex for its $50 million steel pipe facility, which provides integrated services for Nigeria's oil and gas industry. The project, already receiving $26 million in investments, is set to become Africa's first fully integrated 2-inch to 48-inch steel pipe induction bending and coating plant.
- Public funding for fossil fuel industry breaks another Liberal climate promise, advocates say
The Carney government's financial support for the oil and gas industry is accused by environmental advocates of violating a federal commitment to phase out fossil fuel subsidies. Advocates argue this action breaks another Liberal climate promise.
- The Texas Panhandle was hit by a magnitude 5.0 earthquake
The Texas Panhandle experienced a magnitude 5.0 earthquake, the strongest in the region in at least 100 years. Local county officials expressed concerns about potential impacts on the oil and gas industry.
- North Sea oil and gas industry looks for answers from new energy secretary
Miatta Fahnbulleh visited Aberdeen as the North Sea oil and gas industry seeks to influence Burnham’s government regarding new drilling licenses. Companies are hoping for favorable decisions on drilling permits through her visit.
- Burnham to maintain ban on North Sea exploration licences
Burnham has decided to maintain the ban on North Sea exploration licences. The decision faces criticism from the oil and gas industry and trade unions.
- Applied Computing wants to give oil and gas operators an AI model for the entire plant
Applied Computing has raised $20M in Series A funding to develop a foundation AI model for the oil, gas, and petrochemical industry. The model aims to provide operators with AI tools for entire plant operations.
- Trump dramatically cuts size of two national monuments held sacred by tribes
Donald Trump approved reducing the size of Bears Ears and Grand Staircase-Escalante national monuments in Utah by nearly 1.5 million acres each, opening the land to developers and the oil industry. The action reverses protections established by former presidents and affects areas sacred to Native Americans.
- Trump dramatically cuts size of two national monuments held sacred by tribes
Donald Trump approved reducing the size of two Utah national monuments, Bears Ears and Grand Staircase-Escalante, by nearly 1.5 million acres each. The move opens land to developers and the oil and gas industry, undoing protections established by previous presidents. The monuments are held sacred by many Native Americans.
- Los Angeles tries again to phase out urban oil production
Los Angeles is attempting to phase out urban oil production, following a previous 2022 ordinance that was invalidated by a judge after legal challenges from the oil and gas industry.
- Los Angeles tries again to phase out urban oil production
The Los Angeles City Council is attempting again to phase out urban oil production after a previous 2022 ordinance was struck down by a judge following legal challenges from the oil and gas industry.
- Los Angeles tries again to phase out urban oil production
Los Angeles is attempting again to phase out urban oil production after a 2022 ordinance to do so was invalidated by a judge following legal challenges from the oil and gas industry.
- Nigeria: Nigeria's Active Rig Count Rises 40% M-O-M As Offshore Drilling Activity Rebounds
Nigeria's active drilling rig count increased by over 40% month-over-month in early 2026, driven by a rebound in offshore drilling activity, according to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
- The fall of John Cornyn mirrors the fall of the Republican party | Sidney Blumenthal
John Cornyn's defeat in the Texas Senate primary by Ken Paxton, despite spending $92 million, marks a shift in the Republican party. Paxton, endorsed by Donald Trump, won by 28 points despite allegations of misconduct. The National Republican Senatorial Committee erased Cornyn's campaign, signaling the party's transformation.
- Founder and CEO of mIQroTech, Inc., a Technology Company in the Oil and Gas Industry, Indicted for Defrauding Investors of More Than $7 Million
Meade Lewis, founder and CEO of mIQroTech, Inc., a technology company in the oil and gas industry, has been indicted on five counts of wire fraud for allegedly defrauding investors of over $7 million. He faces up to 20 years in federal prison per count, and the U.S. government seeks to forfeit $7,096,458 in alleged proceeds.
- Election for oil regulator becomes battleground for wealthy donors
A GOP runoff election for the Texas Railroad Commission, which regulates the oil and gas industry, has become a major fundraising battleground attracting significant donations from wealthy donors. The race features challenger Bo French against incumbent Chair Jim Wright, with the position's influence over energy policy drawing substantial financial interest.
- Higher oil and gas prices coming soon, industry and analysts warn
The article warns that higher oil and gas prices are expected soon, as indicated by the industry and analysts.