Norway Awards 57 New Licenses to Maintain Oil and Gas Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 13, 2026, 11:30 AM CST Norway on Tuesday offered 57 new production licenses to 19 companies in the annual licensing round for acreage in the...Continue Reading

INEOS has criticized the UK’s net-zero strategy after a report from the Institute of Economic Affairs (IEA) estimated decarbonization costs could reach £7.6 trillion, raising concerns over industrial competitiveness and energy security. SourceContinue Reading

China’s National Petroleum Co. (CNPC) is set to begin work on a sector, dubbed Phase Four, of Turkmenistan’s massive Galkynysh gas field, according to a Turkmen government report. The sector, once pumping at full capacity, is expected to yield about 30 billion cubic meters (bcm) of gas per year. Turkmenistan is providing all the financing for the development...Continue Reading

Oil Tanker Set Free After Two Years In Captivity Near Oman Coast | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 13, 2026, 10:30 AM CST Iran appears to have secretly released a Greece-owned oil tanker that it had seized two years ago, data from...Continue Reading

Norway has offered 57 new offshore production licenses to 19 companies in the latest APA licensing round, spanning the North Sea, Norwegian Sea and Barents Sea. The move aims to slow production decline on the NCS and support long-term energy supply to Europe. SourceContinue Reading

Equinor has been awarded 35 new production licenses in Norway’s APA round, strengthening exploration and long-term oil and gas production across the NCS. SourceContinue Reading

Markets Price Chaos as Oil Finds Its Footing | 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 13, 2026, 9:43 AM CST Oil prices have rebounded...Continue Reading

EnerMech has secured a subsea pre-commissioning services contract from Saipem for the Whiptail development offshore Guyana, adding to its growing portfolio of Stabroek Block projects operated by ExxonMobil Guyana. SourceContinue Reading

DNO ASA has been awarded 17 exploration licenses in Norway’s APA 2025 round, including four operatorships, reinforcing its high-pace exploration strategy and growing portfolio across the North Sea and Norwegian Sea. SourceContinue Reading

Russia Claims Ownership of Oil Assets It’s Developing in Venezuela | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 13, 2026, 9:30 AM CST Russia on Tuesday asserted ownership of all oil assets a state Russian company is developing in Venezuela, following the claims of...Continue Reading