Nigeria has included four frontier oil blocks in the Lake Chad basin in its latest licensing round, despite ongoing security challenges in the region, as the country seeks to boost reserves and raise crude output toward long-term production targets. SourceContinue Reading

Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending January 24, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 423.8 million barrels according to government data, which is 3% below the five-year average for this time...Continue Reading

Shell and BP Seek U.S. Licenses for Shared Venezuela-Trinidad Gas Fields | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 28, 2026, 9:30 AM CST UK-based supermajors Shell and BP are seeking U.S. licenses to develop gas fields that Trinidad and Tobago shares with Venezuela,...Continue Reading

Africa is expected to remain the world’s most active region for high-impact oil and gas exploration drilling in 2026, driven by continued interest in ultra-deepwater and frontier basins, according to new analysis from Rystad Energy. SourceContinue Reading

Pressure Mounts on Iran as U.S. Warships Enter Region | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jan 28, 2026, 9:00 AM CST Iranian security forces...Continue Reading

India Is Still Waiting for Cheaper LNG | 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 Related News By Tsvetana Paraskova – Jan 28, 2026, 8:30 AM CST India needs liquefied natural gas prices in Asia to...Continue Reading

China’s Electric Truck Boom Begins to Threaten LNG’s Role in Heavy Transport | 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 Related News By Tsvetana Paraskova – Jan 28, 2026, 7:30 AM CST Electric truck sales are...Continue Reading

Australia and Timor-Leste Push to Fast-Track Giant Offshore Gas Project | 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 Related News By Tsvetana Paraskova – Jan 28, 2026, 6:00 AM CST Australia and Timor-Leste call for the...Continue Reading

For the past two years, the conversation around AI infrastructure has focused on chips, models, and capital. In practice, that isn’t what’s slowing projects down. What matters is electricity–where it comes from, how much is available, and whether it’s already committed. A lot of proposed data center capacity looks good on paper, but only a...Continue Reading

Kazakhstan Says Tengiz Oil Field Will Resume Normal Output Within Days | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jan 28, 2026, 4:00 AM CST The offshore Tengiz oil field should return...Continue Reading