Global 2025 LNG Exports Saw Biggest Jump in Three Years

Global exports of liquefied natural gas in 2025 likely saw the biggest jump in three years, as new supply came online in North America. The US is poised to cement…

Chevron Ships Unload Venezuelan Oil in US Ports Amid Blockade

At least two vessels chartered by Chevron Corp. have successfully unloaded cargoes at US ports after picking up oil from Venezuela. Chevron has finished discharging a cargo from the vessel…

Commodities Buffeted by Trump Whirlwind Seek Relief in 2026: Russell

Commodities were pelted in 2025 by the whirlwind of tariffs and policies imposed by U.S. President Donald Trump, and while the storm may recede in 2026, the ripples will last…

Nigeria’s Key Gas Pipeline Restores Service After Explosion

Three weeks after a section of the critical Nigerian pipeline Escravos–Lagos was damaged by an explosion, Nigeria’s state oil and gas company NNPC Limited said that service had been restored…

Trump Says U.S. Hit Drug Boat Loading Dock as Pressure on Venezuela Mounts

The U.S. pressure on Venezuela intensified overnight with President Donald Trump saying the United States hit a dock on a shore, where alleged drug boats “load up.” President Trump was…

January NatGas Contract Lifts Off into Final Settlement

In an EBW Analytics Group report sent to Rigzone by the EBW team on Tuesday, Eli Rubin, an energy analyst at the company, highlighted that the January natural gas contract…

Oil Prices Steady as Russia-Ukraine Peace Hopes Fade, Yemen Tensions Rise

(Reuters) – Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around…

Oil Prices Dip as the EIA Reports a Crude and Fuel Inventory Build

Crude oil inventories in the United States increased by 0.4 million barrels during the week ending December 19, after holding nearly flat the week prior, according to new data from…

Venezuela Starts Cutting Oil Production Amid U.S. Blockade

Venezuela has begun shutting wells that pump extra-heavy crude in the Orinoco Belt, as the U.S. blockade is squeezing shipments and filling up storage space, sources with knowledge of the…

U.S. Sanctions Drive Russian Oil Shipments to India to Three-Year Lows

India is expected to import 1.1 million barrels per day (bpd) of Russian crude in December—volumes that would be sharply down from November and the lowest level in just over…