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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.

Oil Prices Jump as Short Covering Builds

Rigzone

Thu, 08 Jan 2026 21:21:48 GMT

Traders reacted to Iran tensions, positioning shifts, and supply uncertainty.

China's Top Oil Firms Turn to Beijing for Guidance on VEN

Rigzone

Thu, 08 Jan 2026 14:53:46 GMT

Leading Chinese oil companies with interests in Venezuela have asked Beijing for guidance on how to protect their investments.

Could Venezuela Production Get Back to 3MM Barrels Per Day?

Rigzone

Thu, 08 Jan 2026 12:25:03 GMT

Could Venezuelan oil production get back to three million barrels per day?

ADNOC Greenlights SARB Deep Gas Development

Rigzone

Thu, 08 Jan 2026 09:58:43 GMT

ADNOC announced a Final Investment Decision (FID) for the SARB Deep Gas Development.

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.

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