Coterra Energy and Devon Energy are in advanced talks on a potential combination that could strengthen their Permian basin footprint and signal renewed consolidation across the U.S. upstream oil and gas sector. SourceContinue Reading
After the Henry Hub natural gas price for February doubled, oil-and-gas producers aggressively locked in hedges. Cold weather caused the largest one-week rally since at least 1990. Oil and gas producers leaned into the historic rally in Nymex Henry Hub prices driven by Winter Storm Fern. The storm brought sub-freezing temperatures across much of the...Continue Reading
Washington Probes Who’s Cashing In on Venezuela’s Oil Reset | 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 29, 2026, 1:45 PM CST Washington is starting to ask the quiet part...Continue Reading
Africa Is Set to Dominate Global High-Impact Oil and Gas Drilling in 2026 | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Jan 29, 2026, 1:00 PM...Continue Reading
Private equity firm Carlyle Group has agreed to acquire most of Lukoil PJSC’s international oil and gas assets in a transaction structured to comply with U.S. sanctions, excluding Kazakhstan and subject to regulatory and OFAC approvals. SourceContinue Reading
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
