Regulatory
News
January 30, 2026
The American Petroleum Institute welcomed a proposed Department of the Interior rule aimed at modernizing federal commingling regulations, citing potential benefits for operational efficiency and responsible resource development.
News
January 29, 2026
Mozambique LNG has fully restarted onshore and offshore construction activities after lifting force majeure declared in 2021, with more than 4,000 workers mobilized at the Afungi site and first LNG now targeted for 2029, according to project partners and the Mozambican government.
News
January 28, 2026
The American Petroleum Institute (API) told U.S. senators this week that reforming the federal permitting system is critical to meeting rising energy demand and advancing new infrastructure investment across the U.S. energy sector.
News
January 27, 2026
Former OPEC president and Nigerian oil minister Diezani Alison-Madueke has gone on trial in London, accused of accepting cash bribes and luxury benefits in exchange for awarding oil-sector contracts during her time in office.
News
January 23, 2026
More than 80 energy and business groups urged the Interior Department to maintain and expand U.S. offshore oil and gas leasing in its draft national program.
News
January 16, 2026
OEG is ramping up OPITO-accredited helicopter refueling training as the offshore sector prepares for mandatory CAA CAP 437 certification requirements for helicopter landing areas expected in 2026.
News
January 13, 2026
INEOS has criticized the UK’s net-zero strategy after a report from the Institute of Economic Affairs (IEA) estimated decarbonization costs could reach £7.6 trillion, raising concerns over industrial competitiveness and energy security.
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.
News
January 12, 2026
Malaysia’s national oil company Petronas has taken its dispute with Petroleum Sarawak Bhd. to the country’s top court, seeking clarity over gas ownership and potential impacts to LNG operations in resource-rich Sarawak.
News
January 07, 2026
U.S. Energy Secretary Chris Wright says the United States will control Venezuelan oil exports indefinitely, using sales revenue to support economic rebuilding and leverage reforms.
News
January 06, 2026
IPAA is asking the U.S. Environmental Protection Agency to revise Subpart W methane reporting rules, saying current definitions and emission factors create disproportionate costs for small and marginal-well operators.
News
January 04, 2026
U.S. Secretary of State Marco Rubio said Washington’s oil “quarantine” is giving the U.S. significant leverage over Venezuela, as sanctioned crude shipments are seized and exports constrained.
News
December 31, 2025
Venezuela’s oil output in the Orinoco Belt has fallen 25% as U.S. enforcement efforts block exports, forcing PDVSA to shut wells amid limited storage capacity.
News
December 31, 2025
Oil prices finished 2025 with their sharpest annual decline since 2020, as WTI fell 20% amid surging global supply, OPEC+ output increases and record U.S. production. Market watchers expect oversupply to persist into 2026, despite geopolitical risks and upcoming OPEC+ policy decisions.
News
December 30, 2025
Venezuela has begun shutting oil wells in the Orinoco Belt as U.S. blockade measures halt crude flows, forcing PDVSA to cut production by an estimated 25% due to storage constraints.
News
December 29, 2025
U.S. ports are receiving Venezuelan crude despite a partial maritime blockade, with several Chevron-chartered tankers successfully unloading cargo and more en route. The activity highlights Chevron’s continued ability to move oil under its U.S. license as geopolitical tensions escalate and foreign vessels remain stalled offshore.
News
December 22, 2025
NOIA urged the administration to lift a pause on offshore wind construction, saying national security reviews are already in place and delays could hurt jobs and U.S. energy competitiveness.
News
December 20, 2025
The Texas Railroad Commission assessed more than $1.1 million in enforcement penalties against oil and gas operators, approving fines tied to compliance and default orders.
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.
