New Scotland-wide polling shows strong public support for full North Sea oil and gas development, highlighting concerns over jobs, imports, and UK energy security. SourceContinue Reading
How America Plans to Refill Its Emergency Oil Stockpile Using Venezuelan Crude | 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 16, 2026, 12:30 PM CST The Trump administration is exploring...Continue Reading
The total number of active drilling rigs for oil and gas in the United States fell by 1 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 543 this week, down 37 from this same time last year. The number of active oil...Continue Reading
Talen Energy is following in the footsteps of utility peers Vistra and Constellation by spending billions of dollars acquiring gas generation assets to expand their capacity and grow market share in the growing power demand market. After spending about $3.5 billion to acquire gas generation capacity in Pennsylvania and Ohio back in July 2025, the company announced it spent another $3.5 billion...Continue Reading
Mitsubishi Corporation is entering the U.S. shale gas market with a $5.2-billion acquisition of Aethon Energy’s Haynesville Shale assets in Louisiana and Texas. The deal adds about 2.1 Bcf/d of gas production and strengthens Mitsubishi’s integrated LNG value chain with access to Gulf Coast export infrastructure. SourceContinue Reading
China Halts Electricity Imports from Russia Due to Price Dispute | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 16, 2026, 10:30 AM CST Russia is in negotiations with Beijing to potentially resume power supply to China, the Russian Energy Ministry told Reuters on Friday,...Continue Reading
Trump Keeps Oil Traders Guessing on Iran | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Jan 16, 2026, 10:00 AM CST Oil markets are trapped in...Continue Reading
New Discoveries Fuel Egypt’s Push for Energy Independence | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 16, 2026, 9:30 AM CST Companies operating in Egypt continue to make oil and gas discoveries and drill new wells at the start of the year, further boosting...Continue Reading
Iran’s Military Role in Ukraine Is Clearly Shrinking | 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 16, 2026, 9:00 AM CST Iranian drones and missiles...Continue Reading
Low oil prices are forcing a rare pause in Bakken drilling, as Continental Resources founder Harold Hamm says margins have largely disappeared. SourceContinue Reading
