ConocoPhillips says recovering billions from past Venezuela expropriations will take priority over new drilling, highlighting ongoing financial and political hurdles facing foreign investment in the country’s oil sector. SourceContinue Reading

Shell Weighs Multibillion Dollar Venezuela Gas Investments | 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 – Feb 05, 2026, 2:30 PM CST Shell’s CEO Wael Sawan told CNBC the company is actively...Continue Reading

As US Vice President JD Vance prepares to visit the Caucasus, Armenia is sending signals that it is leaning toward selecting an American company to build a new nuclear reactor to replace the antiquated, Russian-built Metsamor facility.   Armenia’s minister of territorial administration and infrastructure, David Khudatyan, told journalists on February 3 that the government has decided...Continue Reading

Chevron Rewires Trading and Strategy at a Volatile Moment | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 05, 2026, 1:30 PM CST Chevron is reshuffling senior leadership over strategy, trading, and business development as the company leans harder on execution and integration while oil...Continue Reading

The Independent Petroleum Association of America (IPAA) has promoted Dan Naatz to executive vice president and chief policy officer, strengthening its advocacy for U.S. independent oil and gas producers on federal leasing, methane regulation and permitting reform. SourceContinue Reading

How Vulnerable is the US Electrical Grid to Winter Outages? | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Feb 05, 2026, 1:00 PM CST A winter...Continue Reading

VAALCO Energy has agreed to sell its non-core producing assets in Canada for approximately $35 million, allowing the company to refocus capital on higher-impact drilling and development opportunities across its core portfolio. SourceContinue Reading

Romania Lines Up €1 Billion Battery Storage Build After Government Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 05, 2026, 12:30 PM CST Privately held MASS Group Holding plans to invest more than €1 billion (~$1.18 billion) in large-scale battery energy storage projects...Continue Reading

Can Foreign Investment Save Venezuela’s Broken Oil Sector? | 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 – Feb 05, 2026, 12:00 PM CST Venezuela has taken a...Continue Reading

Russian Oil Discounts Widen for China as Indian Purchases Falter | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 05, 2026, 11:30 AM CST As India is tentatively pulling back from buying Russian oil after the U.S. trade deal, Russia’s crude is being offered in...Continue Reading