US Crude Oil Inventories Sag In First Count of the Year

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a dip of 2.8 million barrels in the week ending January 2. Crude oil inventories…

  • Gas
  • January 7, 2026
Atlas Copco makes two compressor-focused acquisitions

Atlas Copco has acquired Air Compressor Works, a Florida-based air compressor equipment and services company. Air Compressor Works has around 50 employees, who will now join Atlas Copco, and mostly…

  • Gas
  • January 7, 2026
Honeywell to supply Commonwealth LNG in Louisiana

US industrial giant Honeywell has won a contract to supply integrated liquefied natural gas (LNG) pretreatment and liquefaction solutions for Commonwealth LNG’s planned export facility in Cameron Parish, Louisiana. A…

Trump to Meet Oil Companies at White House About Venezuela

U.S. President Donald Trump will meet with oil company executives at the White House late this week to discuss ways to revive Venezuela’s tattered oil sector, according to three sources…

How Delcy Rodríguez Courted Donald Trump and Rose to Power in Venezuela

Then Venezuela’s foreign minister, Rodríguez directed Citgo — a subsidiary of the state oil company — to make a $500,000 donation to the president’s inauguration. With the socialist administration of…

Shell Returns to Angola as Oil Majors Circle a Declining Basin

Shell is making a quiet but pointed return to Angola’s offshore oil patch, signing a deal to acquire a 35% stake in two deepwater blocks from a Chevron subsidiary, as…

Venezuela to Export $2 Billion Worth of Oil to US in Deal with Washington – Between 30-50 Million Barrels

Summary Deal to redirect Venezuelan oil exports to US from China Trump says agreed volume to supply is 30-50 million barrels Exports expected to stem further cuts to Venezuelan output…

Trump Administration Says There Are Ways US Can Lift Venezuelan Oil Output Quickly

(Reuters) – The Trump administration on Tuesday dismissed analysts’ estimates that it would take years to ramp up Venezuela’s crude production, saying there were ways to quickly boost the country’s…

Venezuela, US in Talks to Export Venezuelan Oil to US, Sources Say

(Reuters) – Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday. Venezuela has millions…

Canadian repository project moves on to review stage

The Nuclear Waste Management Organization (NWMO) announced on 5 January that the Initial Project Description – which it describes as a foundational document detailing the repository’s purpose, need and expected…