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Russian Oil and Gas Revenue Falls to Lowest in 5 Years

16 January 2026, 8:06am
The nation's budget received a total of around $108 billion in oil and gas taxes last year, the Finance Ministry said.
Read more... (source: www.rigzone.com)

Oil Falls Sharply as US Pauses Iran Action

15 January 2026, 8:57pm
Crude retreated as signs of reduced geopolitical risk outweighed recent bullish momentum and options-driven volatility.
Read more... (source: www.rigzone.com)

Hamm Says Oil Producers Need Guarantees to Work in VEN

15 January 2026, 8:00pm
Shale billionaire Harold Hamm said oil companies need guarantees that their assets won't someday be seized by Venezuela if they help revive the nation's crude production.
Read more... (source: www.rigzone.com)

Chapo Sees Total LNG Project Restart Within Weeks

15 January 2026, 3:06pm
Mozambican President Daniel Chapo expects TotalEnergies SE's $20 billion liquefied natural gas project to restart as early as this month.
Read more... (source: www.rigzone.com)

Analyst Explains Why Feb NatGas Contract Collapsed Wednesday

15 January 2026, 2:28pm
Eli Rubin, an energy analyst at EBW Analytics Group, highlighted that the February natural gas contract 'collapsed' yesterday.
Read more... (source: www.rigzone.com)

ENAP Secures Deal to Use Oxiquim Terminal

15 January 2026, 1:50pm
'The agreement is consistent with ENAP's recent announcement to consolidate its logistics business as a key pillar of the company, incorporating strategic partners and high service standards'.
Read more... (source: www.rigzone.com)

Petrofac Urges Creditors to Agree 'Compromise' to Clear CBI Sale

15 January 2026, 1:03pm
Petrofac called on certain creditors to agree on a 'voluntary arrangement' regarding their claims, to allow the British energy engineering company to proceed with a recent agreement to sell its Asset Solutions business to CB&I.
Read more... (source: www.rigzone.com)

Oil Prices Retreat After 5 Session Rebound

15 January 2026, 12:21pm
Oil prices retreated after a five-session rebound as concerns about the geopolitical situation in the Middle East abated to some extent, Daniel Takieddine, Co-founder and CEO of Sky Links Capital Group, said.
Read more... (source: www.rigzone.com)

Woodside, JERA Finalize Winter LNG Deal for Japan

15 January 2026, 9:48am
Under the five-year contract, Woodside is to deliver about 200,000 metric tons a year of LNG to Japan during winter starting 2027.
Read more... (source: www.rigzone.com)

OEUK Highlights 'Key to Delivering North Sea Future Plan'

15 January 2026, 8:45am
OEUK describes itself on its website as the leading trade association for the UK offshore energy industry and a not for profit membership organization with a history stretching back five decades.
Read more... (source: www.rigzone.com)

BP Sees Up To $5B Impairments Tied to Low Carbon Assets

15 January 2026, 8:29am
'These charges are primarily attributable to the gas and low-carbon energy segment'.
Read more... (source: www.rigzone.com)

MidOcean Energy in Talks to Join Argentina LNG

15 January 2026, 7:25am
Talks are at an early stage and MidOcean may yet walk away.
Read more... (source: www.rigzone.com)

Oil Slips After Trump Signals Iran De-Escalation

14 January 2026, 9:22pm
Oil prices reversed sharply after Trump suggested Iran's crackdown may be easing, reducing fears of immediate US military action.
Read more... (source: www.rigzone.com)

Shell, Exxon Pull Planned North Sea Gas Sale To Viaro

14 January 2026, 8:00pm
Shell Plc and Exxon Mobil Corp. canceled a proposed deal to sell natural gas assets in the North Sea to upstart firm Viaro Energy.
Read more... (source: www.rigzone.com)

GasBuddy Reveals 2026 USA Gasoline Price Forecast

14 January 2026, 3:36pm
GasBuddy revealed its average U.S. gasoline price prediction for 2026.
Read more... (source: www.rigzone.com)

Record Offshore Wind Auction Boosts UK Hopes for 2030 Goal

14 January 2026, 3:19pm
Britain stepped up support for offshore wind in the latest subsidy auction.
Read more... (source: www.rigzone.com)

We expect Henry Hub natural gas spot prices to fall slightly in 2026 before rising in 2027

14 January 2026, 2:00pm
We expect the U.S. benchmark natural gas spot price at the Henry Hub to decrease about 2% to just under $3.50 per million British thermal units (MMBtu) in 2026 before rising sharply in 2027 to just under $4.60/MMBtu, according to our January Short-Term Energy Outlook (STEO). We expect the annual average Henry Hub price in 2026 to decrease slightly as annual supply growth keeps pace with demand growth over the year. However, in 2027, we forecast demand growth will rise faster than supply growth, driven mainly by more feed gas demand from U.S. liquefied natural gas (LNG) export facilities, reducing the natural gas in storage. We forecast annual average spot prices will decrease by 2% in 2026 and then increase by 33% in 2027.
Read more... (source: www.eia.gov)

DOE, NASA Advance Partnership to Enable Nuclear Power on Moon

14 January 2026, 1:00pm
The U.S. agencies announced a memorandum of understanding renewing their commitment to developing a lunar power system using fission by 2030.
Read more... (source: www.rigzone.com)

Texas Upstream Employment, Job Postings Drop

14 January 2026, 12:55pm
Texas upstream employment and job postings declined in the fourth quarter of 2025, the Texas Independent Producers and Royalty Owners Association (TIPRO) said.
Read more... (source: www.rigzone.com)

Norway Offers 57 New Production Licenses to 19 Companies

14 January 2026, 10:54am
'This is a significant contribution to ensuring continued activity in the oil and gas industry', Norway Minister of Energy Terje Aasland said.
Read more... (source: www.rigzone.com)

Uniper Approves 219 MWp Solar Projects in Poland

14 January 2026, 7:30am
Uniper's generation portfolio now has 568 MWp 'in execution'.
Read more... (source: www.rigzone.com)

In 2025, U.S. natural gas spot prices increased from 2024's record low

9 January 2026, 2:00pm
In 2025, the wholesale U.S. natural gas spot price at the national benchmark Henry Hub in Louisiana averaged $3.52 per million British thermal units (MMBtu), based on data from LSEG Data. The 2025 average Henry Hub natural gas spot price increased 56% from the 2024 annual average, which-when adjusted for inflation-was the lowest on record. On a daily basis, the Henry Hub natural gas spot price ranged from $2.65/MMBtu to $9.86/MMBtu, reflecting a narrower range of daily prices compared with the previous year.
Read more... (source: www.eia.gov)