Murphy Oil’s HSV-2X appraisal in Block 15-2/17 offshore Vietnam encountered 429 ft of net oil pay and deepened the hydrocarbon column without water, strengthening the field’s high-case resource outlook as further appraisal continues. SourceContinue Reading

The season of peace on earth and goodwill to all men did not last long, and while I’ll shed no tears at seeing a corrupt dictator snatched from his lair, it’s fair to say that 2026 is off to an uneasy start. The market response to Donald Trump’s audacious swoop on Venezuela has been predictably...Continue Reading

OPEC+ Compensation Cuts Triple as Key Producers Move to Rein in Oversupply | 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, 12:30 PM CST Four key Opec+ producers have pledged to deepen their compensation cuts in...Continue Reading

Why Canada Is Rethinking Pipelines and Rediscovering Refineries | 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 Premium Content By Julianne Geiger – Jan 07, 2026, 12:00 PM CST B.C. Premier David Eby wants Canada to prioritize building...Continue Reading

ADNOC Approves Major Deep Gas Development Offshore Abu Dhabi | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 07, 2026, 11:30 AM CST ADNOC, the national oil company of the United Arab Emirates, on Wednesday announced the final investment decision for the SARB Deep Gas...Continue Reading

Uzbekistan’s Water Crisis Pushes the Country Toward Solar and Wind | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Jan 07, 2026, 11:30 AM CST Hydropower production in Uzbekistan...Continue Reading

Oil Slips as EIA Reports Crude Draw, Sharp Builds in Gasoline, Distillate Stocks | 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 Premium Content By Julianne Geiger – Jan 07, 2026, 10:53 AM CST Crude oil inventories in...Continue Reading

U.S. Energy Secretary Chris Wright says the United States will control Venezuelan oil exports indefinitely, using sales revenue to support economic rebuilding and leverage reforms. SourceContinue Reading

Energy NL has announced the passing of Bob Cadigan, its CEO from 2008 to 2017, remembering his advocacy for offshore Newfoundland and Labrador suppliers and his drive to expand local expertise into global markets. SourceContinue Reading

ADNOC has taken final investment decision for the SARB Deep Gas Development in the Ghasha concession, aiming at 200 MMscf/d via Das Island tie-backs and remote platform operations later this decade. SourceContinue Reading