Lower oil prices reduced Exxon’s fourth-quarter results by up to $1.2 billion, partially offset by stronger refining margins, as the supermajor becomes the first to flag earnings pressure ahead of reporting season. SourceContinue Reading

Canadian heavy crude prices weakened after the Trump administration said it would market Venezuelan oil globally, raising concerns about renewed competition for US Gulf Coast refiners and wider heavy crude price discounts. SourceContinue Reading

Why Colombia’s Cocaine Production Keeps Setting New Records | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Jan 07, 2026, 5:00 PM CST Colombia’s cocaine production has...Continue Reading

Siemens and NVIDIA expanded their industrial AI partnership at CES 2026, unveiling new digital twin and AI tools aimed at improving lifecycle efficiency across energy and infrastructure assets. SourceContinue Reading

Equinor has awarded ABL a marine warranty survey contract for Phase 2 of Norway’s Northern Lights CCS project, supporting the expansion of CO₂ transport and storage capacity to meet rising European demand. SourceContinue Reading

Keely Pearce’s appointment as Vice President, Operations adds a veteran offshore voice to Eco Atlantic, drawing on her previous experience at Shell plc and Impact Oil & Gas to guide appraisal-well planning across Guyana, Namibia and South Africa. SourceContinue Reading

The Breakthrough That Finally Makes Green Hydrogen Cost-Competitive | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jan 07, 2026, 4:00 PM CST A new system developed...Continue Reading

Why Venezuela’s Vast Oil Wealth Couldn’t Prevent Its Collapse | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Jan 07, 2026, 3:00 PM CST Venezuela’s oil collapse...Continue Reading

Iraq Moves to Take Over Operations at West Qurna 2 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Jan 07, 2026, 2:30 PM CST The Iraqi government has approved a move to take over operations at the West...Continue Reading

The UAE’s $150 Billion Gas Bet Could Upend Global LNG Markets | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Jan 07, 2026, 2:00 PM CST The...Continue Reading