Industry & Analysis
News
January 29, 2026
Mozambique LNG has fully restarted onshore and offshore construction activities after lifting force majeure declared in 2021, with more than 4,000 workers mobilized at the Afungi site and first LNG now targeted for 2029, according to project partners and the Mozambican government.
News
January 29, 2026
Brent crude climbed above $71 a barrel as U.S. President Donald Trump warned Iran to accept a nuclear deal or face possible military action, reigniting fears of supply disruptions through the Strait of Hormuz and adding a fresh geopolitical risk premium to oil markets.
News
January 28, 2026
Venezuela’s proposed hydrocarbons law is drawing criticism from investors, unions and U.S. officials as the interim government seeks to revive oil production while balancing political resistance and investor concerns.
News
January 28, 2026
The American Petroleum Institute (API) told U.S. senators this week that reforming the federal permitting system is critical to meeting rising energy demand and advancing new infrastructure investment across the U.S. energy sector.
News
January 27, 2026
Former OPEC president and Nigerian oil minister Diezani Alison-Madueke has gone on trial in London, accused of accepting cash bribes and luxury benefits in exchange for awarding oil-sector contracts during her time in office.
News
January 26, 2026
Kazakhstan has scored a partial win in a long-running arbitration with international oil companies, potentially leaving Karachaganak partners facing up to $4 billion in compensation tied to disputed cost recoveries.
News
January 23, 2026
More than 80 energy and business groups urged the Interior Department to maintain and expand U.S. offshore oil and gas leasing in its draft national program.
News
January 23, 2026
Shell and partners are evaluating development of Nigeria’s Bonga South West deepwater oil field, a project that could attract up to $20 billion in investment and deliver peak production of 220,000 bpd from an estimated 820 million barrels of reserves.
News
January 22, 2026
Saudi officials are signaling a shift toward tighter spending discipline as lower oil prices pressure government revenue, recalibrating priorities under Vision 2030 while maintaining momentum in the non-oil economy.
News
January 22, 2026
U.S. crude oil production is expected to stay near its 2025 record through 2026 before declining in 2027, as lower prices slow drilling, EIA forecasts.
News
January 22, 2026
The U.S. has no plans to provide physical or financial security guarantees to oil companies planning to operate in Venezuela, Energy Secretary Chris Wright said, underscoring ongoing investment risk concerns in the country’s oil sector.
News
January 21, 2026
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.
News
January 21, 2026
Halliburton says it can restart oilfield operations in Venezuela within weeks if U.S. approval and payment protections are secured, CEO Jeff Miller said.
News
January 21, 2026
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.
News
January 20, 2026
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.
Article
December 2025
Following the resumption of federal lease sales, the Gulf of America is re-emerging as a cornerstone of U.S. offshore energy. Predictable leasing, permitting reform, and continued investment position the region to support long-term oil and gas production, workforce stability, and energy security.
Article
December 2025
In this 2026 outlook, Molly Determan, president of the Energy Workforce & Technology Council, examines why oilfield service crews—leaner, more technical and globally integrated—remain the quiet backbone of reliable energy supply, regardless of price cycles, policy shifts or technology hype.
News
January 20, 2026
Venezuelan crude is arriving at Caribbean storage hubs as the U.S. reshapes trade flows, with traders marketing oil once bound almost exclusively for China.
News
January 20, 2026
Equatorial Guinea is seeking about $300 million in oil and LNG prepayment deals with commodity traders to help finance upstream operations as production continues to decline.
News
January 19, 2026
Op-Ed: The first U.S.-approved sale of Venezuelan crude signals a shift toward energy pragmatism in the Western Hemisphere. As Venezuelan barrels re-enter global markets, Caribbean and Latin American producers, refiners and importers could see meaningful impacts on supply security, logistics and regional investment dynamics.
