US Crude Oil Inventories Sag In First Count of the Year | 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 Related News By Julianne Geiger – Jan 06, 2026, 3:56 PM CST The American Petroleum Institute (API) estimated...Continue Reading
Rystad Energy analysts say Venezuela has a technical route to rebuild production toward 3 million bpd, but the milestone would only be achievable around 2040 and would require approximately $183 billion in cumulative oil and gas investment beginning in 2026. SourceContinue Reading
Britain Continues to Withold $4.8 Billion of Venezuelan Gold | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Jan 06, 2026, 3:00 PM CST Britain’s refusal to...Continue Reading
IPAA is asking the U.S. Environmental Protection Agency to revise Subpart W methane reporting rules, saying current definitions and emission factors create disproportionate costs for small and marginal-well operators. SourceContinue Reading
Halliburton has launched the Hypersteer MX matrix-body directional drill bit, addressing erosion and abrasion challenges in high-flow shale wells to enable longer runs and reduced well construction time. SourceContinue Reading
InCapture has awarded Wood the concept engineering phase for its G-15-AP CCS acreage offshore Australia, as appraisal drilling continues toward declaration of storage formation. SourceContinue Reading
Venezuela’s beleaguered oil export system is narrowing rapidly around Chevron as shipments to its largest traditional customer in China remain stalled amid an intensified U.S. oil embargo and mounting geopolitical upheaval. Shipping data as of January 6 shows crude loading for Chinese buyers at Venezuelan ports has been on hold for the fifth straight day—but...Continue Reading
How 2025 Revealed Energy’s Winners, Losers, and Illusions | OilPrice.com Leonard Hyman & William Tilles Leonard S. Hyman is an economist and financial analyst specializing in the energy sector. He headed utility equity research at a major brokerage house and… More Info Premium Content By Leonard Hyman & William Tilles – Jan 06, 2026, 2:00...Continue Reading
Shell has agreed to acquire a 35% stake in two blocks offshore Angola through a farm-in with Chevron’s subsidiary, reflecting continued IOC interest in approved West Africa exploration despite regional production decline. SourceContinue Reading
The Great Energy Contradiction of 2026 | 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 06, 2026, 1:00 PM CST Oil markets are oversupplied heading into...Continue Reading
