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Venezuelan Oil Moves Into the Caribbean

20 January 2026, 5:00pm
Tankers have begun discharging Venezuelan crude at Caribbean islands.
Read more... (source: www.rigzone.com)

Gas Analyst Flags 'Historic Cold'

20 January 2026, 2:44pm
Eli Rubin, an energy analyst at EBW Analytics Group, noted that 'historic cold launche[d]... soaring NYMEX gas futures'.
Read more... (source: www.rigzone.com)

Murphy Oil Makes Noncommercial Find in Ivorian Frontier Campaign

20 January 2026, 2:40pm
'While Civette did not meet commercial thresholds, the well provided insights that strengthen our subsurface understanding for the potential of the basin and inform the remaining prospectivity on the CI-502 Block'.
Read more... (source: www.rigzone.com)

EIA expects lower gasoline prices in 2026 and 2027 as crude oil prices fall

20 January 2026, 2:00pm
In our latest Short-Term Energy Outlook, we forecast retail U.S. gasoline prices will be lower the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027. Our gasoline price forecast generally follows a similar path as global crude oil prices, but decreasing U.S. refinery capacity this year may offset some of the effects of lower crude oil prices on gasoline, especially in the West Coast region.
Read more... (source: www.eia.gov)

TotalEnergies, Bapco Launch Trading JV for Bahraini Fuels

20 January 2026, 1:21pm
TotalEnergies and Bahrain's state-owned Bapco Energies launched an equally owned trading platform to sell output from the Bapco refinery in the kingdom to the domestic and international markets.
Read more... (source: www.rigzone.com)

India Is Now UAE's Largest Customer of LNG

20 January 2026, 12:00pm
India is now the United Arab Emirates' largest customer of LNG, ADNOC Gas said.
Read more... (source: www.rigzone.com)

EnBW Gives Up 2 Irish Sea Wind Projects with BP-JERA JV

20 January 2026, 11:00am
JERA Nex BP is acquiring co-venturer EnBW's stake in the Mona wind project in UK waters, while the partners dropped the Morgan offshore wind project.
Read more... (source: www.rigzone.com)

North America Adds 28 Rigs Week on Week

20 January 2026, 10:19am
North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read more... (source: www.rigzone.com)

TotalEnergies Secures New Deal to Sell Niger Delta Stake

20 January 2026, 8:32am
TotalEnergies secured a new buyer in Vaaris for its 10 percent interest in a Niger Delta JV previously operated by Shell after Chappal failed last year to consummate an earlier transaction.
Read more... (source: www.rigzone.com)

Mol to Buy Gazprom Stake in Sanctioned Serbian Refinery

20 January 2026, 7:17am
Mol and Gazprom agreed on the terms of a deal that will see the Hungarian company gain control of Serbia's only oil refinery, paving the way for the lifting of U.S. sanctions on the plant's operator.
Read more... (source: www.rigzone.com)

Petronas Names New COO

19 January 2026, 8:00pm
Petroliam Nasional Bhd. appointed Mohd Jukris Abdul Wahab as its new chief operating officer.
Read more... (source: www.rigzone.com)

Batistas Poised for Venezuelan Oil Revival

19 January 2026, 6:00pm
The billionaire Batista brothers are eyeing a billion-barrel Venezuelan oil project that stands to benefit from U.S. President Donald Trump's planned revival of the South American nation's energy sector.
Read more... (source: www.rigzone.com)

Reliance Posts Refining Gains despite Sourcing Challenges

19 January 2026, 3:17pm
'Agile crude sourcing helped sustain throughput despite procurement challenges'.
Read more... (source: www.rigzone.com)

Why Is the USA Natural Gas Price Rising Today?

19 January 2026, 3:01pm
Rigzone talks to several analysts.
Read more... (source: www.rigzone.com)

Var Energi Raises Estimates for New Barents Sea Oil Discovery

19 January 2026, 1:46pm
'A tie-back to the nearby Goliat FPSO is being planned, targeting first production in 2019'.
Read more... (source: www.rigzone.com)

Where Will the WTI Oil Price Land in 2026 and 2027?

19 January 2026, 12:57pm
According to the U.S. Energy Information Administration's latest short term energy outlook, the West Texas Intermediate spot price average will drop in 2026 and 2027.
Read more... (source: www.rigzone.com)

Leviathan Partners Approve Expansion Project

19 January 2026, 12:46pm
Chevron and its local partners agreed on a $2.36-billion final investment decision for stage 1 of a project to raise production in the Leviathan gas and condensate field offshore Israel.
Read more... (source: www.rigzone.com)

Azerbaijan Starts Sending Gas to Austria, Germany via TAP Pipeline

19 January 2026, 9:18am
Azerbaijan this month began supplying natural gas to Germany and Austria via Italy using the Trans-Adriatic Pipeline, SOCAR said.
Read more... (source: www.rigzone.com)

Philippines Makes Discovery Near Dwindling Malampaya

19 January 2026, 7:52am
The discovered reservoir is estimated to contain around 98 billion cubic feet of gas, equivalent to almost 14 billion kilowatt hours of electricity per year, President Marcos said.
Read more... (source: www.rigzone.com)

Enverus Warns of 'Contrasting Market Dynamics' in 2026

19 January 2026, 7:52am
In its 2026 energy outlook report, Enverus warned that this year is 'likely to be characterized by contrasting market dynamics'.
Read more... (source: www.rigzone.com)

Kolibri Reports Increased Flows at New Oklahoma Wells

18 January 2026, 11:00am
Kolibri reported improved flow rates at the Barnes and Velin wells in Oklahoma's Tishomingo field.
Read more... (source: www.rigzone.com)

Solar power generation drives electricity generation growth over the next two years

16 January 2026, 2:00pm
Electricity generation by the U.S. electric power sector totaled about 4,260 billion kilowatthours (BkWh) in 2025. In our latest Short-Term Energy Outlook (STEO), we expect U.S. electricity generation will grow by 1.1% in 2026 and by 2.6% in 2027, when it reaches an annual total of 4,423 BkWh. The three main dispatchable sources of electricity generation (natural gas, coal, and nuclear) accounted for 75% of total generation in 2025, but we expect the share of generation from these sources will fall to about 72% in 2027. We expect the combined share of generation from solar power and wind power to rise from about 18% in 2025 to about 21% in 2027.
Read more... (source: www.eia.gov)

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)