Industry & Analysis
News
November 21, 2025
Russia’s Lukoil PJSC has dissolved the supervisory board of its international business as U.S. sanctions take effect, signaling deepening operational and financial strain for the oil producer. The move comes as global buyers examine Lukoil’s overseas assets and trading operations contract under mounting pressure.
News
November 21, 2025
Tullow Oil shares collapsed to a record low after the company signaled it may pursue alternative refinancing measures to address upcoming debt maturities. With net debt now expected to reach $1.2 billion, analysts warn that a debt-for-equity swap could severely dilute existing shareholders.
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
ExxonMobil, Chevron, ADNOC and Carlyle are evaluating parts of Lukoil’s international portfolio as U.S. sanctions set to take effect in December accelerate the Russian producer’s efforts to divest global assets, including stakes in Iraq’s West Qurna 2 field and operations in Uzbekistan.
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
ADNOC Gas reported the strongest third-quarter results in its history, delivering $1.34 billion in net income—an 8% year-over-year increase—driven by robust domestic gas demand and improved commercial terms. Year-to-date profit reached $3.99 billion, up 10% from 2024, despite lower average oil prices.
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 13, 2025
Chevron CEO Mike Wirth says rising OPEC+ supply will pressure oil prices in 2026, while global LNG demand remains strong despite a supply surge later in the decade.
News
November 13, 2025
The IEA says new U.S. sanctions on Rosneft and Lukoil pose major downside risks to Russia’s oil output and global supply, despite exports holding steady for now.
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
In a new op-ed, African Energy Chamber Chairman NJ Ayuk emphasizes that responsible oil and gas production is essential for Africa’s economic growth, energy security, and poverty reduction, despite mounting global pressure to curb exploration.
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.
Article
October 2025
The rapid rise of data centers is reshaping the U.S. energy landscape—and the oil and gas industry is poised to play a central role.
News
November 06, 2025
DNO reported record Q3 revenue and profit, boosted by higher North Sea and Kurdistan output, and launched a fast-track plan for its Kjøttkake tie-back project.
News
November 06, 2025
U.S. shale producers are increasing output despite $60 oil, leveraging drilling efficiencies and lower break-even costs to sustain record production.
News
November 04, 2025
Coterra Energy defended its diversified U.S. oil and gas strategy after activist investor Kimmeridge called for leadership changes and divestitures. The company reaffirmed the value of its multi-basin model and disciplined capital approach.
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
November 04, 2025
bp delivered $7.8 billion in operating cash flow and $2.2 billion in underlying profit for Q3 2025, supported by higher production, improved refining margins and strong upstream reliability. The company advanced six major projects—including new capacity in the U.S. Gulf—and sanctioned its Tiber-Guadalupe development.
