Regulatory
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.
News
November 12, 2025
The U.S. Environmental Protection Agency has approved Texas’ application for primacy over Class VI injection wells, transferring regulatory authority to the Railroad Commission of Texas. The move, supported by the Trump administration, streamlines permitting for carbon capture and storage (CCS) projects.
News
November 12, 2025
Namibia is moving to bring its oil and gas sector under presidential control as it prepares to join the ranks of Africa’s oil producers. The proposed reform follows major offshore discoveries by TotalEnergies, Shell and Galp, marking a new phase in Namibia’s energy governance and exploration growth.
News
November 11, 2025
Governments across Europe and the Middle East are scrambling to maintain operations at Lukoil’s global oil assets after the U.S. Treasury sanctioned Russia’s number two oil producer and blocked a proposed sale to Gunvor Group.
News
November 10, 2025
Lukoil has declared force majeure on oil shipments from Iraq’s West Qurna 2 field following new U.S. sanctions, marking the first major disruption to the Russian producer’s international operations.
News
November 04, 2025
Petrobras’ plan to divest shallow-water oil fields has been derailed after Brazil’s regulator, ANP, denied testing needed to restart production at 13 sites. The decision forces the state oil firm to absorb costly decommissioning as global oil prices weaken.
News
October 31, 2025
The Railroad Commission of Texas assessed more than $1 million in fines against oil and gas operators and pipeline businesses during its October 30, 2025, meeting, reinforcing its oversight of industry safety, environmental compliance, and regulatory enforcement across the state.
News
October 29, 2025
The Trump administration is ruling out plans to auction offshore oil and gas leases along the U.S. East Coast, scaling back its proposed five-year leasing program after opposition from coastal states and environmental groups.
News
October 28, 2025
The Railroad Commission of Texas is expanding outreach with new bi-monthly virtual listening sessions, giving Texans a chance to engage directly with state energy regulators and RRC experts.
