Lower oil prices drag ConocoPhillips Q4 profit below estimates
(Oil Price) – ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02
Lower oil prices drag ConocoPhillips Q4 profit below estimates
(Oil Price) – ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02 per share. That was nearly halved
U.S. power boom triggers global gas turbine shortage
(Oil Price) – The hyperscaler-driven surge in U.S. power demand is creating ripple
VAALCO Energy to sell non-core Canadian assets for $35 million
(World Oil) – VAALCO Energy has agreed to sell its non-core producing properties in
From Ambition to Execution: How Europe’s Decarbonisation Agenda Performs on the Project Level
(Oil & Gas 360) – Europe positions itself as the global driver of
U.S. power boom triggers global gas turbine shortage
(Oil Price) – The hyperscaler-driven surge in U.S. power demand is creating ripple effects in the global supply chain, with gas turbines becoming the most critical bottleneck to rolling out flexible baseload capacity to support accelerated load growth. Gas turbine makers
VAALCO Energy to sell non-core Canadian assets for $35 million
(World Oil) – VAALCO Energy has agreed to sell its non-core producing properties in Canada for approximately CAD $35 million (about USD $25.6 million), as the company continues to streamline its portfolio and focus capital on higher-return upstream opportunities. The assets, which
From Ambition to Execution: How Europe’s Decarbonisation Agenda Performs on the Project Level
(Oil & Gas 360) – Europe positions itself as the global driver of the decarbonisation agenda. Ambitious targets, regulatory reform and large-scale public funding define the direction. Yet behind the strategy, project pipelines narrow, execution slows down and many initiatives struggle
Company to watch
Profile Companies
Weekly Inventories
U.S. crude oil inventories decrease by 3.5 million barrels
Weekly Crude Oil Storage as of January 30, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Weekly Gas Storage: Inventories decrease by 360 Bcf
Natural Gas Inventories as of January 30, 2026 The EIA has released its natural gas inventory report, showing a net
U.S. rig count decreased by 1 is at 543
This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count
