Nigerian Court Voids Lawmakers’ US$47M Compensation Order Against Seplat
A Federal High Court voided a N72.6bn ($47.2m) legislative compensation order against Seplat Energy, ruling that Nigeria’s parliament cannot award…
July 29, 2026Topic
oil and gas
Nigeria Gas Flaring Wastes US$1.1 Billion in Power
Nigeria’s onshore gas flaring rose 18.36% in 2025, wasting 32,300 GWh of potential electricity worth $1.1 billion while the grid...
July 29, 2026
Brazil’s OceanPact Wins Antitrust Nod for CBO Offshore Merger
Brazil CADE cleared the OceanPact-CBO offshore merger with no remedies, forming a dominant marine-services group serving Petrobras.
July 28, 2026
Carlos Slim’s Grupo Carso Signs $1.99 Billion Pemex Oil Deal
Grupo Carso signed a $1.99B contract with Pemex to drill 32 wells at Ixachi, targeting 200,000 barrels daily. Carlos Slim's...
July 28, 2026
Ecopetrol Cyberattack Hits 3,300 Accounts as CEO Roa’s Return Looms
Ecopetrol cyberattack compromised 3,300 cloud accounts across 15 units. Ransomware blocked, no critical disruption, but data extortion threat looms as.
July 18, 2026
Guyana Hardwires Local Manufacturing into the Oil Supply Chain
Guyana oil supply chain hits $1.5B in local procurement as 3 firms now build Jaguar FPSO parts and subsea jumpers...
July 14, 2026
Halliburton Secures Well-Construction Contract for Suriname’s GranMorgu Project
Suriname GranMorgu — Halliburton has won the integrated drilling contract for TotalEnergies’ US$10.5 billion GranMorgu project, Suriname’s first major off
July 14, 2026
Colombia’s De La Espriella Cuts 229 Jobs at His Own Firm to Save COP10 Billion
Colombian President-elect Abelardo de la Espriella’s rum company cut 229 jobs to save COP10 billion (USD2.5 million), mirroring his national...
July 14, 2026
Colombia’s Grid Chief Named Mining and Energy Minister
Colombia's president-elect named XM grid chief Arboleda as mining and energy minister, signalling a technocratic, pro-investment turn on oil and...
July 14, 2026