Oilfield service and technology executives are heading to Washington in record numbers this week, urging lawmakers to accelerate permitting reform, stabilize trade policy and ensure regulatory certainty as operators weigh new drilling and infrastructure investments. SourceContinue Reading

Economic Models Are Overlooking a Looming Diesel Crisis | OilPrice.com Gail Tverberg Gail Tverberg is a writer and speaker about energy issues. She is especially known for her work with financial issues associated with peak oil. Prior… More Info Premium Content By Gail Tverberg – Feb 09, 2026, 4:00 PM CST The core problem is...Continue Reading

Shell’s Oil Reserves Have Dropped To Lowest Levels Since 2013 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 09, 2026, 3:30 PM CST British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a...Continue Reading

U.S. LNG Remains Profitable Despite Oversupply Concerns | 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 – Feb 09, 2026, 3:00 PM CST U.S. LNG cargo cancellations only...Continue Reading

Transocean To Buy Offshore Rig Contractor Valaris For $5.8 Billion | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 09, 2026, 2:30 PM CST Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an...Continue Reading

Namibia’s government says it was not notified of TotalEnergies’ planned acquisition of a major offshore exploration stake alongside Petrobras, complicating the latest deal in the fast-growing Orange basin and underscoring regulatory sensitivities as the country moves toward first oil. SourceContinue Reading

Interoil has completed its exit from conventional operations in Argentina, divesting Santa Cruz Sur and La Brea assets as it shifts focus toward non-conventional opportunities and disciplined capital allocation. SourceContinue Reading

Türkiye and Uzbekistan Deepen Strategic Partnership at Ankara Summit | OilPrice.com James Durso James D. Durso is the Managing Director of Corsair LLC, a supply chain consultancy. In 2013 to2015, he was the Chief Executive Officer of AKM… More Info Premium Content By James Durso – Feb 09, 2026, 2:00 PM CST Recep Tayyip Erdogan...Continue Reading

Perenco has installed the $200-million Kombi 2 platform on Congo’s Kombi-Likalala-Libondo II field, supporting a six-well drilling campaign beginning in 2026 aimed at boosting production and extending field life. SourceContinue Reading

Subsea7 has been awarded a substantial contract by Chevron for subsea flowline and umbilical installation in the Eastern Mediterranean, with engineering work beginning immediately and offshore execution scheduled for 2028. SourceContinue Reading