Real-time energy news intelligence from 80+ sources. AI-curated story clusters covering oil & gas, renewables, LNG, and power markets.
Leishen Energy Holding Co., Ltd. received a notice from Nasdaq for not holding its annual shareholder meeting within the required timeframe. The company has until March 2, 2026, to submit a compliance plan to regain its listing status. If accepted, Nasdaq may grant an extension until June 29, 2026, for compliance.
HKN and North Oil Company discuss investment and development plans for the Hamrin oil field, focusing on technical and economic aspects. The meeting included plans to increase production levels and optimize oil resource utilization. Ongoing discussions aim to enhance cooperation with international oil companies.
Ecopetrol has been notified by Colombia's DIAN of a VAT penalty totaling COP 5.3 trillion on gasoline imports, covering the period from 2022 to 2024. The company disagrees with DIAN's interpretation and plans to pursue legal actions. This resolution follows a prior assessment mandating the payment of VAT and associated penalties.
The European Commission's Industrial Accelerator Act (IAA), delayed until February 25, aims to boost local production of green technology by mandating 'Made in Europe' requirements for government purchases. This includes increasing domestic production targets for battery systems and other low-carbon products, while imposing conditions on foreign direct investment. Critics warn that these measures could lead to supply chain bottlenecks and increased costs, undermining competitiveness.
Exxon Mobil's subsidiary XTO Energy is marketing select assets in the Eagle Ford shale basin, covering 168,000 net acres valued at over $1 billion. The assets include over a thousand wells, with some operated by Exxon and others where it holds non-operated interests. This move aligns with Exxon's strategy to optimize its portfolio amid global oversupply concerns affecting oil prices.
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