Adnoc Gas (ADX:ADNOCGAS) expects to restore 80% of processing capacity at its site in Habshan, Abu Dhabi, by the end of 2026, following two security-related incidents in April.
The natural gas distribution company said Tuesday with its first-quarter results that the site is currently operating at 60% capacity, with full restoration targeted for 2027.
Ecopetrol (EC) said Tuesday its President Ricardo Roa has been charged with alleged violations of spending limits related to the country's 2022 presidential campaign following a probe by Colombia's General Prosecutor's Office.Ecopetrol said Roa has rejected the charges filed by the prosecutor's office.The company said on April 7 that its board had approved an unpaid leave of absence for Roa, effective May 28 for 30 days, following a scheduled vacation from April 7 to May 27.
National Energy Services Reunited Corp. (NESR) has an average rating of buy and mean price target of $30.86, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $24.84, Change: $-0.59, Percent Change: -2.32%
TotalEnergies (TTE.PA, TTE.L), QatarEnergy and ConocoPhillips signed a memorandum of understanding with Syrian Petroleum Co. to jointly assess exploration opportunities at Syria's offshore Block 3 area in the Mediterranean Sea.The agreement includes a technical review of the offshore area by the French energy giant and its partners, and establishes the framework for discussions related to exploration activities, according to a Tuesday release.