The timeline of the US–Venezuela conflict highlights a long-term strategy centered on securing heavy crude supplies for US Gulf Coast refineries, which are configured to process heavy sour barrels and benefit from Venezuela’s ability to deliver crude over short lead times. This will reduce reliance on Middle Eastern high-sulfur fuel oil (HSFO) for the US....Continue Reading

Elnusa is strengthening Indonesia’s onshore exploration push with a major nodal seismic technology investment, targeting faster surveys and higher-resolution imaging in complex geological settings. SourceContinue Reading

Chevron Looks to Finalize Sale of Singapore Assets by March | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 21, 2026, 10:30 AM CST U.S. supermajor Chevron expects to finalize this quarter a planned sale of its stake in a Singaporean refinery and distribution assets...Continue Reading

Halliburton Beats Q4 Estimates as International Revenue Soars | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 21, 2026, 9:30 AM CST Halliburton reported fourth-quarter earnings that beat expectations, as international activity continued to offset weak conditions in North America, according to results published by...Continue Reading

EU Prepares New Russia Sanctions Focused on Shadow Fleet and Energy Trade | 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 21, 2026, 9:00 AM CST...Continue Reading

U.S. natural gas futures jumped by more than 45% in just two days as Arctic cold is descending on the eastern United States with freezing temperatures and warnings of dangerous life-threatening wind chills.  On Tuesday, the benchmark U.S. natural gas futures at Henry Hub soared by 23% amid the cold snap and short covering. Natural...Continue Reading

Halliburton closed out Q4 2025 with stronger margins and rising international activity, offsetting weaker North American stimulation. International markets drove sequential revenue growth, while higher-margin completion tools, wireline services and software sales lifted profitability and cash flow. SourceContinue Reading

Germany’s Coal Plants Return to Profit | 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 21, 2026, 8:00 AM CST The coal-fired power plants in Germany are profitable to run...Continue Reading

IEA Raises Forecast of Global Oil Demand Growth in 2026 | 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 21, 2026, 7:00 AM CST The world’s oil demand growth is...Continue Reading

Indian Refiners Boost Middle East Supply To Offset Lost Russian Oil | 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 21, 2026, 6:00 AM CST Indian state-run refiner Bharat Petroleum...Continue Reading