Regulatory
News
December 18, 2025
NOIA welcomed House passage of the SPEED Act but urged the Senate to strengthen permitting reform to avoid new uncertainty for U.S. energy investment.
News
December 18, 2025
TC Energy praised House passage of the SPEED Act, saying streamlined federal permitting would accelerate energy infrastructure projects and strengthen U.S. energy security.
News
December 19, 2025
TIPRO praised House passage of the SPEED Act, saying streamlined NEPA permitting would accelerate oil and gas projects, boost energy security and support growing U.S. power demand.
News
December 18, 2025
The U.S. House has passed the bipartisan SPEED Act, advancing sweeping federal permitting reform aimed at streamlining NEPA reviews and accelerating energy and infrastructure projects. Industry groups are now urging swift Senate action in 2026.
News
December 16, 2025
The Railroad Commission of Texas has named longtime regulator Mark Evarts as director of its Oversight and Safety Division, strengthening leadership over pipeline safety and gas market oversight statewide.
News
December 15, 2025
Chevron has lowered prices for Venezuelan crude sold to U.S. refiners after a tanker seizure in the Caribbean added pressure to an already weak Gulf Coast market. The move comes amid heightened U.S. enforcement actions and softer global oil prices.
News
December 12, 2025
API praised the House for passing bipartisan permitting reform bills that streamline pipeline reviews and federal approvals, calling it a key step toward faster, more efficient energy infrastructure development.
News
December 10, 2025
Chevron CEO Mike Wirth says the company is in discussions with the Trump administration to ensure continued compliance with U.S. sanctions while maintaining operations in Venezuela, where Chevron remains the last U.S. oil major operating.
News
December 04, 2025
The American Petroleum Institute (API) is praising the Trump administration’s proposal to revise U.S. Corporate Average Fuel Economy (CAFE) standards, arguing the move will preserve consumer choice and support stable domestic energy demand.
News
December 04, 2025
Chevron is continuing routine flights to Venezuelan oil sites despite U.S. airspace warning, with the company stressing full regulatory compliance and prioritizing worker safety amid heightened regional navigation risks.
News
December 04, 2025
Saudi Aramco has slashed its Arab Light crude price to the lowest level since 2021, signaling mounting global oversupply and softer demand as OPEC+ prepares for a slower start to 2026.
News
December 03, 2025
The National Petroleum Council has issued two major reports urging urgent federal permitting reform and tighter gas-electric coordination to safeguard U.S. energy reliability as demand surges. DOE Secretary Chris Wright welcomed the recommendations.
News
December 01, 2025
Iraq is moving to reshape ownership of the giant West Qurna-2 field, launching direct talks with select U.S. oil companies to acquire Lukoil’s sanctioned stake. Baghdad says a U.S. operator would strengthen market stability and deepen energy ties with Washington.
News
December 01, 2025
Harbour Energy will cut 100 more UK jobs after the government retained the Energy Profits Levy through 2030. The operator says North Sea assets are struggling to attract capital under the 78% tax burden, following earlier workforce reductions.
News
November 27, 2025
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.
News
November 27, 2025
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.
News
November 26, 2025
The UK will keep its North Sea windfall tax in place until 2030, according to the Office for Budget Responsibility, despite industry warnings that the levy is accelerating production declines, deterring investment, and threatening thousands of offshore jobs.
News
November 20, 2025
TotalEnergies has formally rejected allegations linking its Mozambique LNG project to violence reported in 2021, citing early site evacuation and ongoing official investigations into the claims.
News
November 18, 2025
The U.S. Treasury says its latest sanctions on Rosneft and Lukoil are pushing Russian crude prices to multi-year lows and prompting major Indian and Chinese buyers to pause December purchases. Officials warn additional measures may follow as the U.S. targets Moscow’s oil revenue.
News
November 14, 2025
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.
News
November 14, 2025
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.
