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Oil & Gas Industry News

Welcome to the Energy News Page. Here you can find links to the latest news from reputable sources in the oil and gas industry.

WTI Drops as US Markets Venezuela Oil

Rigzone

Wed, 07 Jan 2026 20:57:13 GMT

Oil prices fell as the US moved to market Venezuelan crude amid an oversupplied market.

USA Seizes 2 More Ships

Rigzone

Wed, 07 Jan 2026 20:00:00 GMT

U.S. forces seized two more sanctioned oil tankers as part of its energy quarantine of Venezuela.

Execs Have Different Views on Potential AI Impact on Breakevens

Rigzone

Wed, 07 Jan 2026 15:51:41 GMT

Executives from small and large exploration and production firms have differing views on the potential impact of AI on break-even prices, the fourth quarter Dallas Fed Energy Survey stated.

Trump Says Venezuela to Send Oil Worth Up to $2.8B to USA

Rigzone

Wed, 07 Jan 2026 14:49:28 GMT

President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the United States.

S&P Global Energy Forecast Unchanged by VEN Developments

Rigzone

Wed, 07 Jan 2026 11:49:55 GMT

S&P Global Energy's forecast remains unchanged by Venezuela developments, an analysis piece sent to Rigzone by the S&P Global team late Monday stated.

Crude Falls as Market Refocuses on Glut

Rigzone

Tue, 06 Jan 2026 20:58:57 GMT

Oil prices fell as traders looked past geopolitics and focused on a growing global surplus.

Venezuelan Oil Shunned by China

Rigzone

Tue, 06 Jan 2026 20:00:00 GMT

Chinese buyers shunned offers for Venezuelan crude this week.

Henry Hub Spot Gas Prices 'Collapse'

Rigzone

Tue, 06 Jan 2026 15:27:55 GMT

'Physical natural gas prices are crashing', EBW Analytics Group Energy Analyst Eli Rubin said.

Trafigura to Talk With USA Over Venezuelan Oil

Rigzone

Tue, 06 Jan 2026 15:15:15 GMT

Trafigura is one of the world's biggest traders of oil, moving an average of 6.6 million barrels a day.

North America Drops 16 Rigs Week on Week

Rigzone

Tue, 06 Jan 2026 13:06:35 GMT

North America dropped 16 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

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