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January 6, 2026
China Moves Closer to Fusion Breakeven as Scientists Beat a Key Limit | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 06, 2026, 5:00 PM CST Chinese researchers report experimentally overcoming the Greenwald density limit in tokamak fusion reactors. The advance removes a major physics...
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Analysts at Australia and New Zealand Banking Group Ltd. (ANZ) caution that meaningful growth in Venezuela’s oil production is unlikely before the end of the decade, as capital intensity, aging infrastructure and sanctions risk point to longer project timelines than the industry norm. Source
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UK North Sea Oil Enters Survival Mode as Investment Dries Up | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jan 06, 2026, 4:00 PM CST UK North Sea oil and...
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US Crude Oil Inventories Sag In First Count of the Year | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jan 06, 2026, 3:56 PM CST The American Petroleum Institute (API) estimated...
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Rystad Energy analysts say Venezuela has a technical route to rebuild production toward 3 million bpd, but the milestone would only be achievable around 2040 and would require approximately $183 billion in cumulative oil and gas investment beginning in 2026. Source
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Britain Continues to Withold $4.8 Billion of Venezuelan Gold | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jan 06, 2026, 3:00 PM CST Britain’s refusal to...
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IPAA is asking the U.S. Environmental Protection Agency to revise Subpart W methane reporting rules, saying current definitions and emission factors create disproportionate costs for small and marginal-well operators. Source
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Halliburton has launched the Hypersteer MX matrix-body directional drill bit, addressing erosion and abrasion challenges in high-flow shale wells to enable longer runs and reduced well construction time. Source
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InCapture has awarded Wood the concept engineering phase for its G-15-AP CCS acreage offshore Australia, as appraisal drilling continues toward declaration of storage formation. Source
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Venezuela’s beleaguered oil export system is narrowing rapidly around Chevron as shipments to its largest traditional customer in China remain stalled amid an intensified U.S. oil embargo and mounting geopolitical upheaval. Shipping data as of January 6 shows crude loading for Chinese buyers at Venezuelan ports has been on hold for the fifth straight day—but...
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