ESG/Investment
News
February 25, 2026
Breakwall Capital and Vitol have closed Valor Upstream Credit Partners II, a new energy-focused credit fund targeting structured financing for North American upstream oil and gas companies, including refinancing, acquisitions and development capital.
News
February 25, 2026
Angola’s state oil company Sonangol is continuing preparations for a potential IPO, despite being removed from the country’s current privatization list. The listing remains a key part of Angola’s strategy to improve transparency and attract foreign investment.
Article
February
A major shift in U.S. climate policy is reshaping the ESG landscape. This month’s column examines the EPA’s decision to rescind the Greenhouse Gas Endangerment Finding, what it could mean for carbon markets and regulation, and how evolving policy debates may influence upstream strategy and investment.
News
February 20, 2026
The African Energy Chamber will lead a delegation to Venezuela to explore upstream investment and strengthen oil and gas cooperation between African and Venezuelan energy stakeholders, as both regions seek to expand production and global partnerships.
News
February 19, 2026
Nigeria has ordered state oil company NNPC to remit more oil and gas revenue from production-sharing contracts to the federation account, eliminating key deductions in a move aimed at strengthening public finances and reshaping fiscal policy for the upstream sector.
News
February 16, 2026
The African Energy Chamber is urging stronger local content policies and inclusive investment practices across Africa’s oil and gas sector as exploration and production activity expands across the continent.
News
February 11, 2026
The African Energy Chamber has warned that a Nigerian Federal High Court ruling on the Dawes Island marginal field could undermine the country’s “drill or drop” policy, raising concerns over contract certainty and upstream investment.
News
February 06, 2026
South Africa’s new Upstream Petroleum Resources Development Act seeks to improve legal certainty and attract exploration investment following recent supermajor exits, but questions remain over whether the new framework can revive offshore development.
News
February 05, 2026
ConocoPhillips says recovering billions from past Venezuela expropriations will take priority over new drilling, highlighting ongoing financial and political hurdles facing foreign investment in the country’s oil sector.
News
February 03, 2026
The U.S. government is preparing to issue a general license to allow companies with U.S. ties to restart oil production in Venezuela, easing sanctions and supporting revival of the country’s upstream sector.
News
January 30, 2026
PETRONAS plans to sustain Malaysia’s upstream oil and gas production at around 2 million boed through 2028, supported by continued investment in exploration, deepwater projects and enhanced oil recovery.
News
January 28, 2026
Venezuela’s proposed hydrocarbons law is drawing criticism from investors, unions and U.S. officials as the interim government seeks to revive oil production while balancing political resistance and investor concerns.
News
January 26, 2026
Kazakhstan has scored a partial win in a long-running arbitration with international oil companies, potentially leaving Karachaganak partners facing up to $4 billion in compensation tied to disputed cost recoveries.
News
January 23, 2026
Shell and partners are evaluating development of Nigeria’s Bonga South West deepwater oil field, a project that could attract up to $20 billion in investment and deliver peak production of 220,000 bpd from an estimated 820 million barrels of reserves.
News
January 22, 2026
The U.S. has no plans to provide physical or financial security guarantees to oil companies planning to operate in Venezuela, Energy Secretary Chris Wright said, underscoring ongoing investment risk concerns in the country’s oil sector.
News
January 21, 2026
Halliburton says it can restart oilfield operations in Venezuela within weeks if U.S. approval and payment protections are secured, CEO Jeff Miller said.
News
January 20, 2026
Private equity firm Blackstone Inc. is weighing a potential $5 billion-plus sale of Beacon Offshore Energy, highlighting renewed investor interest in deepwater Gulf of Mexico oil assets amid a slowdown in U.S. shale consolidation.
News
January 20, 2026
Equatorial Guinea is seeking about $300 million in oil and LNG prepayment deals with commodity traders to help finance upstream operations as production continues to decline.
News
January 16, 2026
Chevron has taken a final investment decision to expand production at the Leviathan natural gas field offshore Israel, boosting gas supply to regional markets including Israel, Egypt and Jordan later this decade.
News
January 13, 2026
TotalEnergies CEO Patrick Pouyanné says reviving Venezuela’s oil industry will take years and billions in investment, limiting its impact on global oil markets in 2026.
News
January 12, 2026
During a Monday press call previewing API’s 2026 State of American Energy event, API President and CEO Mike Sommers framed Venezuela as both a cautionary tale and a long-term opportunity—one that will take time, capital and policy reform to meaningfully affect global balances.
