Sponsored by Cognite – <a href="https://www.cognite.com/en/ogpodcast">https://www.cognite.com/en/ogpodcast</a>



Mark and Paige record live from the Western States Petroleum Association&#8217;s Annual Conference Reception in Dana Point, California. Thanks to Ryan and all the WSPA staff for having us there!



Oil settles higher as US, China try to de-escalate trade tensions



<a href="https://www.reuters.com/business/energy/oil-rebounds-1-after-sharp-losses-us-china-tensions-2025-10-13">https://www.reuters.com/business/energy/oil-rebounds-1-after-sharp-losses-us-china-tensions-2025-10-13</a>



California oil workers face an uncertain future in the state&#8217;s energy transition



<a href="https://abcnews.go.com/Business/wireStory/california-oil-workers-face-uncertain-future-states-energy-126444978">https://abcnews.go.com/Business/wireStory/california-oil-workers-face-uncertain-future-states-energy-126444978</a>



Texas’ plastics industry sets pace with $61.5 billion in production, nation-leading wages



<a href="https://www.bicmagazine.com/industry/refining-petrochem/texas-plastics-industry-sets-pace-with-61-5-billion">https://www.bicmagazine.com/industry/refining-petrochem/texas-plastics-industry-sets-pace-with-61-5-billion</a>



Bechtel takes a deep dive into tragic incident with three fatalities at US LNG project



<a href="https://www.offshore-energy.biz/bechtel-takes-a-deep-dive-into-tragic-incident-with-three-fatalities-at-us-lng-project">https://www.offshore-energy.biz/bechtel-takes-a-deep-dive-into-tragic-incident-with-three-fatalities-at-us-lng-project</a>



All systems go for Equinor’s drilling ops with Transocean and COSL rigs



<figure class="wp-block-embed is-type-wp-embed is-provider-offshore-energy wp-block-embed-offshore-energy"><div class="wp-block-embed__wrapper">
<blockquote class="wp-embedded-content" data-secret="C4IBVpV20V"><a href="https://www.offshore-energy.biz/all-systems-go-for-equinors-drilling-ops-with-transocean-and-cosl-rigs/">All systems go for Equinor’s drilling ops with Transocean and COSL rigs</a></blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="&#8220;All systems go for Equinor’s drilling ops with Transocean and COSL rigs&#8221; &#8212; Offshore Energy" src="https://www.offshore-energy.biz/all-systems-go-for-equinors-drilling-ops-with-transocean-and-cosl-rigs/embed/#?secret=1uOqFtAdQK#?secret=C4IBVpV20V" data-secret="C4IBVpV20V" width="500" height="282" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
</div></figure>



OPEC Chief: The World Needs $18.2 Trillion in Oil and Gas Investment



<a href="https://oilprice.com/Energy/Energy-General/OPEC-Chief-The-World-Needs-182-Trillion-in-Oil-and-Gas-Investment.html">https://oilprice.com/Energy/Energy-General/OPEC-Chief-The-World-Needs-182-Trillion-in-Oil-and-Gas-Investment.html</a>



Mexico Sends $3 Billion in Subsidized Fuel to Cuba in Just Four Months



<a href="https://oilprice.com/Latest-Energy-News/World-News/Mexico-Sends-3-Billion-in-Subsidized-Fuel-to-Cuba-in-Just-Four-Months.html">https://oilprice.com/Latest-Energy-News/World-News/Mexico-Sends-3-Billion-in-Subsidized-Fuel-to-Cuba-in-Just-Four-Months.html</a>



Beetaloo Partners Complete Drilling Program for Pilot Gas Project



<a href="https://www.rigzone.com/news/beetaloo_partners_complete_drilling_program_for_pilot_gas_project-15-oct-2025-182081-article">https://www.rigzone.com/news/beetaloo_partners_complete_drilling_program_for_pilot_gas_project-15-oct-2025-182081-article</a>



London-Listed Energy Firm Acquires Oil and Gas License in Ukraine



<a href="https://oilprice.com/Latest-Energy-News/World-News/London-Listed-Energy-Firm-Acquires-Oil-and-Gas-License-in-Ukraine.html">https://oilprice.com/Latest-Energy-News/World-News/London-Listed-Energy-Firm-Acquires-Oil-and-Gas-License-in-Ukraine.html</a>



BP Picks Valaris Rig to Drill Series of Wells in Med



<a href="https://www.rigzone.com/news/bp_picks_valaris_rig_to_drill_series_of_wells_in_med-14-oct-2025-182077-article">https://www.rigzone.com/news/bp_picks_valaris_rig_to_drill_series_of_wells_in_med-14-oct-2025-182077-article</a>



Marathon Petroleum awards $750,000 to nine Borderland nonprofits



<figure class="wp-block-embed is-type-wp-embed is-provider-kvia wp-block-embed-kvia"><div class="wp-block-embed__wrapper">
<blockquote class="wp-embedded-content" data-secret="VwNAdq4zhI"><a href="https://kvia.com/news/el-paso/2025/10/10/marathon-petroleum-awards-75000-to-nine-borderland-nonprofits/">Marathon Petroleum awards $75,000 to nine Borderland nonprofits</a></blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="&#8220;Marathon Petroleum awards $75,000 to nine Borderland nonprofits&#8221; &#8212; KVIA" src="https://kvia.com/news/el-paso/2025/10/10/marathon-petroleum-awards-75000-to-nine-borderland-nonprofits/embed/#?secret=B6tCkeE2kE#?secret=VwNAdq4zhI" data-secret="VwNAdq4zhI" width="500" height="282" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
</div></figure>



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The Weekly Rig Count by Baker Hughes&nbsp;<a href="https://rigcount.bakerhughes.com/rig-count-overview">https://rigcount.bakerhughes.com/rig-count-overview</a>&nbsp;



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Oil and Gas This Week | Oct 22 2025 | Ep 390

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