Ecopetrol has approved a 2026 investment plan of $5.4–$6.6 billion, keeping spending steady as the company targets 730,000–740,000 boed next year. The plan prioritizes upstream activity, refinery reliability and gas development, while allocating 30% to energy-transition, transmission and infrastructure projects under a conservative $60 Brent outlook. SourceContinue Reading

Aker Solutions has landed a substantial six-year ConocoPhillips contract for maintenance and modification work on Norway’s Eldfisk and Ekofisk fields—extending one of the largest brownfield portfolios on the NCS. SourceContinue Reading

Petrobras reduced its five-year investment plan to $109 billion, citing weaker oil prices and shifting political pressures. The cut raises investor concerns over dividend yields as the Brazilian state-controlled producer prioritizes long-term offshore expansion. SourceContinue Reading

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