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
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
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
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
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
Frontera Energy Corp. plans to separate its Colombian infrastructure assets into a new independent company—Frontera Infrastructure—leaving Frontera Exploration & Production (E&P) as a focused, pure-play upstream operator. SourceContinue Reading
ADNOC has secured conditional EU approval for its $13.9 billion acquisition of Covestro after offering commitments to address subsidy and competition concerns. The deal advances ADNOC’s global chemicals and materials strategy while opening Covestro patents to European market participants for the next decade. SourceContinue Reading
Repsol is evaluating a reverse merger between its $19 billion upstream division and APA to speed a New York listing, as the company weighs options ranging from an IPO to a stake sale. SourceContinue Reading
Cenovus has officially closed its acquisition of MEG Energy, adding 110,000 bpd of low-cost oil sands production and consolidating a key thermal hub in Alberta. The deal strengthens Cenovus’s long-life asset base and positions the company for new synergies ahead of its 2026 budget update. SourceContinue Reading
DeepOcean has secured a subsea construction and installation contract from Equinor for the Snorre Export and Import Gas Project (SNEIG), part of the broader effort to extend the Snorre field’s production life beyond 2040. SourceContinue Reading
