China’s Edge in the AI Race May Come Down to Power | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jan 29, 2026, 11:00 AM CST China’s...Continue Reading

Malaysia’s Petronas to Boost Exploration to Maintain Domestic Output | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 29, 2026, 10:30 AM CST Malaysia’s Petronas plans to boost exploration, deepwater development, and enhanced oil recovery over the next three years as it looks to maintain...Continue Reading

Brent crude climbed above $71 a barrel as U.S. President Donald Trump warned Iran to accept a nuclear deal or face possible military action, reigniting fears of supply disruptions through the Strait of Hormuz and adding a fresh geopolitical risk premium to oil markets. SourceContinue Reading

Stronger refining margins and higher throughput volumes helped U.S. refining giant Valero Energy Corporation (NYSE: VLO) beat analyst estimates of fourth-quarter earnings. Valero on Thursday kicked off the earnings season for the U.S. refiners by reporting an adjusted net income attributable to Valero stockholders of $1.2 billion, or $3.82 per share, for the fourth quarter....Continue Reading

Cairn Oil & Gas has reported a gas discovery at its Ambe offshore block on India’s west coast, advancing appraisal of one of the country’s Discovered Small Field assets. Additional wells are planned as the operator evaluates development options for the shallow-water find. SourceContinue Reading

SLB has won two five-year contracts from Petroleum Development Oman to supply wellheads and artificial lift systems for Block 6, supporting production and in-country value initiatives. SourceContinue Reading

Reliance Industries Slashes Russian Crude Imports Under U.S. Sanctions Pressure | 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 29, 2026, 9:30 AM CST India’s largest private refiner, Reliance Industries,...Continue Reading

Citgo Buys Venezuelan Oil for the First Time Since 2019 Sanctions | 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 29, 2026, 8:30 AM CST Citgo Petroleum, the U.S.-based refiner...Continue Reading

Brent Breaks $70 After Trump Threatens Iran With Military Force | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 29, 2026, 8:13 AM CST Updated: Jan 29, 2026, 8:44 AM CST Brent crude jumped above $70 per barrel for the first time since early August,...Continue Reading

TotalEnergies Pushes Ahead With Mozambique LNG Despite Risks | 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 29, 2026, 7:30 AM CST After a five-year hiatus, French supermajor TotalEnergies is...Continue Reading