Industry & Analysis
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.
News
January 16, 2026
Guyana is entering a new phase in the evolution of its Local Content Act as offshore oil and gas activity continues to accelerate and the government moves to refine implementation of the framework.
News
January 16, 2026
OEG is ramping up OPITO-accredited helicopter refueling training as the offshore sector prepares for mandatory CAA CAP 437 certification requirements for helicopter landing areas expected in 2026.
News
January 16, 2026
New Scotland-wide polling shows strong public support for full North Sea oil and gas development, highlighting concerns over jobs, imports, and UK energy security.
News
January 16, 2026
Low oil prices are forcing a rare pause in Bakken drilling, as Continental Resources founder Harold Hamm says margins have largely disappeared.
News
January 16, 2026
Chevron has taken a final investment decision to expand production at the Leviathan natural gas field offshore Israel, boosting gas supply to regional markets including Israel, Egypt and Jordan later this decade.
News
January 15, 2026
U.S. oil producers will need firm guarantees against asset seizures before returning to Venezuela, according to shale executive and Trump ally Harold Hamm, underscoring the geopolitical risks still shaping investment decisions.
News
January 14, 2026
bp has flagged $4–$5 billion in post-tax impairments tied to its energy transition businesses in a fourth-quarter trading update, while reporting broadly flat upstream production and lower net debt ahead of full-year results.
News
January 13, 2026
TotalEnergies CEO Patrick Pouyanné says reviving Venezuela’s oil industry will take years and billions in investment, limiting its impact on global oil markets in 2026.
