Maduro Says He Welcomes U.S. Investments in Venezuela’s Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 02, 2026, 11:30 AM CST Venezuela is ready to accept U.S. investment in its oil, Nicolas Maduro said late on Thursday, in a stark softening of the...Continue Reading

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published earlier this week, bringing the total rig count in the US  to 546 this week, down 43 from this same time last year. The number of active...Continue Reading

Why a Ukraine Peace Deal Remains Elusive Despite U.S. Pressure | 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 02, 2026, 11:00 AM CST Control of...Continue Reading

Occidental has completed the $9.7-billion sale of its OxyChem chemical business to Berkshire Hathaway, strengthening its balance sheet and upstream focus. SourceContinue Reading

Chevron has delivered first oil from its South N’dola platform offshore Angola, bringing new production online in Block 0 through a tieback to existing offshore infrastructure. SourceContinue Reading

OPEC+ Set to Keep Oil Production Policy Despite Saudi-UAE Spat | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Jan 02, 2026, 10:30 AM CST Despite the public spat between two of OPEC’s top producers, Saudi Arabia and the United Arab...Continue Reading

Wallstreet Sand Co. has brought dry frac sand operations online at its Kermit, Texas facility, expanding in-basin proppant supply to support Permian basin completion activity and logistics efficiency. SourceContinue Reading

Baker Hughes has completed the closing of its surface pressure control JV with Cactus, marking a shift in ownership and capital allocation within the upstream equipment sector. SourceContinue Reading

Oil Awaits a Catalyst as Brent Treads Water | 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 02, 2026, 10:00 AM CST Another setback in Russia–Ukraine...Continue Reading

India to Leverage Russian Oil Import Data in Trade Deal Negotiations | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 02, 2026, 9:30 AM CST India’s government is asking domestic refiners to provide timely and accurate data on a weekly basis of imports of Russian...Continue Reading