ConocoPhillips seeks Venezuela compensation before resuming drilling
(World Oil) – ConocoPhillips Chief Executive Officer Ryan Lance’s priority in Venezuela is recouping billions his company is owed almost two decades after its oil projects were nationalized, rather than drilling new wells. Despite roughly
ConocoPhillips seeks Venezuela compensation before resuming drilling
(World Oil) – ConocoPhillips Chief Executive Officer Ryan Lance’s priority in Venezuela is recouping billions his company is owed almost two decades after its oil projects were nationalized, rather than drilling new wells. Despite roughly $10 billion in favorable judgments from
TotalEnergies pushes deeper into Namibia’s offshore oil boom
(Oil Price) – TotalEnergies is expanding its exploration portfolio offshore Namibia with acreage
Rival bidders pursue Lukoil assets despite Carlyle deal, sources say
(BOE Report) – Chevron is one of at least two companies vying for
U.S. rig count increased by 5 is at 551
This week’s Baker Hughes Rig Count shows that the U.S. increased by
TotalEnergies pushes deeper into Namibia’s offshore oil boom
(Oil Price) – TotalEnergies is expanding its exploration portfolio offshore Namibia with acreage north of a block where a major oil discovery has been made, as the supermajor looks to boost activity in the new global exploration hotspot. TotalEnergies on Friday announced it
Rival bidders pursue Lukoil assets despite Carlyle deal, sources say
(BOE Report) – Chevron is one of at least two companies vying for Lukoil’s global assets, despite the Russian energy company’s initial agreement last week to sell them to U.S. private equity firm Carlyle, four sources familiar with the conversations said.
U.S. rig count increased by 5 is at 551
This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 551 rigs. Canada had a decrease of 4 over last week, resulting in a total Canadian count of 228
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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 increased by 5 is at 551
This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count
