Colombia’s tax authority has ruled out freezing Ecopetrol’s assets amid a $3 billion VAT dispute tied to fuel imports. The state oil producer says it sees strong chances of overturning the claim, as shares rose on stronger-than-expected Q3 earnings. SourceContinue Reading
K2 Energy Group has acquired Eutex’s global hazardous-area inspection services division, strengthening its offshore and drilling-sector compliance capabilities. The deal integrates Eutex’s inspection expertise with K2’s technology-led maintenance and engineering services, enhancing safety support for major operators worldwide. SourceContinue Reading
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose by 1 to 549 this week, according to Baker Hughes, down 35 from this same time last year. The...Continue Reading
India’s Refiners Turn to the U.S. in Break from the Gulf | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Nov 14, 2025, 11:45 AM CST India’s state-run refiners have locked in...Continue Reading
The European Commission has approved with conditions the $17-billion acquisition by Abu Dhabi National Oil Company (ADNOC) of Germany’s chemicals giant Covestro, the EU’s executive arm said on Friday, following an investigation into foreign subsidies it feared would distort competition. At the end of last year, Abu Dhabi’s oil company agreed to buy Covestro in...Continue Reading
Germany Slashes Capacity to Tender for New Gas Plants | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 14, 2025, 10:30 AM CST Germany’s ruling coalition has slashed in half the capacity of new natural gas-fired power plants it aims to tender by 2032 in...Continue Reading
The Trump administration has finalized its rollback of drilling restrictions across the 23 million-acre National Petroleum Reserve–Alaska, reopening vast Arctic areas with an estimated 8.7 billion barrels of resources. SourceContinue Reading
S&P Global has reintroduced its Commodity Insights division under a new name—S&P Global Energy—as the company moves to strengthen its role as a leading provider of energy market benchmarks, data and analytics. SourceContinue Reading
TotalEnergies has committed $100 million to Climate Investment’s venture strategy fund, a move aimed at accelerating the deployment of methane-reduction, carbon capture and energy-efficiency technologies across the global oil and gas sector. SourceContinue Reading
Iran Seizes Oil Tanker in Gulf of Oman | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 14, 2025, 9:30 AM CST Iran seized on Friday an oil tanker en route to Singapore after it passed the critical Strait of Hormuz in the Middle East...Continue Reading
