Condor Energies Inc. reported progress on its multi-well drilling campaign in Uzbekistan, including a record-length horizontal well with strong gas shows, while announcing the sale of its Turkish gas assets to sharpen its strategic focus in Central Asia. SourceContinue Reading
Colombia’s Fiscal Crisis Is Deepening Under President Petro | 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 29, 2026, 12:00 PM CST Colombia’s budget deficit is...Continue Reading
Subsea7 has been awarded a substantial offshore contract in Germany, valued between $150 million and $300 million, for the Gennaker offshore wind project. Subsidiary Seaway7 will transport and install 63 monopiles and transition pieces, with offshore activities scheduled to begin in 2027. SourceContinue Reading
Gold Briefly Jumps Toward $5,600 as Iran Tensions Flare | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 29, 2026, 11:30 AM CST Gold prices surged sharply on Thursday morning as energy markets jolted higher following fresh Iran-related rhetoric from U.S. President Donald Trump, briefly...Continue Reading
Mozambique LNG has fully restarted onshore and offshore construction activities after lifting force majeure declared in 2021, with more than 4,000 workers mobilized at the Afungi site and first LNG now targeted for 2029, according to project partners and the Mozambican government. SourceContinue Reading
China’s Edge in the AI Race May Come Down to Power | 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 29, 2026, 11:00 AM CST China’s...Continue Reading
Malaysia’s Petronas to Boost Exploration to Maintain Domestic Output | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 29, 2026, 10:30 AM CST Malaysia’s Petronas plans to boost exploration, deepwater development, and enhanced oil recovery over the next three years as it looks to maintain...Continue Reading
Brent crude climbed above $71 a barrel as U.S. President Donald Trump warned Iran to accept a nuclear deal or face possible military action, reigniting fears of supply disruptions through the Strait of Hormuz and adding a fresh geopolitical risk premium to oil markets. SourceContinue Reading
Stronger refining margins and higher throughput volumes helped U.S. refining giant Valero Energy Corporation (NYSE: VLO) beat analyst estimates of fourth-quarter earnings. Valero on Thursday kicked off the earnings season for the U.S. refiners by reporting an adjusted net income attributable to Valero stockholders of $1.2 billion, or $3.82 per share, for the fourth quarter....Continue Reading
Cairn Oil & Gas has reported a gas discovery at its Ambe offshore block on India’s west coast, advancing appraisal of one of the country’s Discovered Small Field assets. Additional wells are planned as the operator evaluates development options for the shallow-water find. SourceContinue Reading
