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World Oil News
Energy stocks, led by oil and gas producers, climbed to new highs as crude prices strengthened on geopolitical uncertainty and an Arctic cold snap boosting natural gas sentiment. Source
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Infinity Natural Resources expands its Pennsylvania dry gas footprint with a $36-million all-stock deal, adding immediate production and deepening Marcellus-Utica inventory in the Appalachian basin. Source
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Argentina posted its largest energy trade surplus in more than three decades in 2025, as rising oil and gas production from the Vaca Muerta shale drove a sharp increase in exports and strengthened the country’s upstream outlook. Source
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Halliburton says it can restart oilfield operations in Venezuela within weeks if U.S. approval and payment protections are secured, CEO Jeff Miller said. Source
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Enverus’ 2025 ranking of the top U.S. public E&Ps shows production becoming increasingly concentrated at the top, with ExxonMobil holding No. 1 and Permian-focused operators widening the gap through scale and consolidation. Source
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Elnusa is strengthening Indonesia’s onshore exploration push with a major nodal seismic technology investment, targeting faster surveys and higher-resolution imaging in complex geological settings. Source
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Halliburton closed out Q4 2025 with stronger margins and rising international activity, offsetting weaker North American stimulation. International markets drove sequential revenue growth, while higher-margin completion tools, wireline services and software sales lifted profitability and cash flow. Source
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Private equity firm Blackstone Inc. is weighing a potential $5 billion-plus sale of Beacon Offshore Energy, highlighting renewed investor interest in deepwater Gulf of Mexico oil assets amid a slowdown in U.S. shale consolidation. Source
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Equinor and ORLEN have discovered gas and condensate in the Sissel prospect near the Utgard field in the North Sea, with recoverable volumes estimated at up to 28 million boe and tie-back options under consideration. Source
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WT Oil & Gas and EnviroKlean have launched a solids-free produced water recycling system in the Permian basin, enabling high-volume reuse without sludge generation while lowering disposal costs and environmental risk. Source
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