Colombia’s election authority has fined Ecopetrol CEO Ricardo Roa and other officials from President Gustavo Petro’s 2022 campaign for exceeding spending limits, adding new scrutiny as prosecutors pursue parallel investigations into campaign financing. SourceContinue Reading
OPEC+ is expected to confirm its plan to pause production hikes in early 2026 amid mounting signs of a supply surplus and softer oil prices. Ministers meet Sunday to finalize the already-agreed policy while also reviewing long-term capacity levels across the alliance. SourceContinue Reading
Petralon Energy is accelerating drilling at Nigeria’s Dawes Island field, bringing DI-2 online and spudding DI-3 under the PIA’s “Drill or Drop” mandate. Backed by strong government endorsement, the project highlights the growing role of indigenous operators in boosting national production and advancing Nigeria’s upstream goals. SourceContinue Reading
Angola has officially launched a $4 billion gas processing plant at Soyo—its first designed to handle standalone gas fields—marking a major shift in the country’s upstream strategy. SourceContinue Reading
EPA has finalized a rule extending compliance deadlines for methane-leak detection and equipment upgrades, giving U.S. oil and gas operators more than a year of additional time to meet federal requirements—drawing praise from industry and criticism from environmental groups. SourceContinue Reading
Brazil’s environment minister says COP30’s push for a global fossil-fuel phaseout stalled partly because the U.S. skipped the summit—deepening political divides and weakening momentum behind a fossil-fuel road map. SourceContinue Reading
PipeSense has signed an exclusive agreement with Indigenous-owned Monitor Emissions to expand advanced leak detection, pig tracking, and hydrotesting technologies across Canada’s pipeline network—strengthening national integrity, safety and emissions reduction efforts. SourceContinue Reading
The UK government’s decision to maintain the Energy Profits Levy (EPL) at a 78% headline tax rate continues to cloud investment planning for North Sea operators, according to Alan Stewart, Aberdeen-based partner at accountancy and advisory firm MHA. SourceContinue Reading
Carlyle Group’s Jeff Currie says the massive surge in AI-related capital spending mirrors the shale industry’s pre-crash “growth at all costs” era, warning that Big Tech’s datacenter and chip investment boom is following the same debt-heavy playbook that once wiped out trillions in oil and gas equity. SourceContinue Reading
ADNOC Gas has signed a landmark 20-year, up to $4.2 billion natural gas supply agreement with EMSTEEL, securing long-term feedstock for one of the UAE’s largest industrial producers and reinforcing the company’s role in powering the nation’s manufacturing and economic growth. SourceContinue Reading
