Monday, January 26, 2026
U.S. ready for partnership in India’s nuclear energy industry- oil and gas 360

U.S. ready for partnership in India’s nuclear energy industry

(Oil Price)– The United States has expressed willingness to cooperate with India in the nuclear energy sector as Asia’s second-largest economy opens its civil nuclear industry to private investment and foreign participation. “We welcome India’s new #SHANTIBill, a step towards a stronger energy security partnership and peaceful civil nuclear cooperation,” according to a post on X of the official account of the U.S.

Oil up as market weighs strong US economic growth, supply risks- oil and gas 360

Oil up as market weighs strong US economic growth, supply risks

(Investing)– Oil prices settled higher on Tuesday as investors assessed stronger-than-expected U.S. economic growth and the risk of disruptions to oil supply from Venezuela and Russia. Brent crude futures settled 31 cents, or 0.5%, higher at $62.38 a barrel. U.S. West Texas Intermediate crude was up 37 cents, or 0.64%, at $58.38. Prices had risen by more than 2% on Monday,

Oil edges up on strong US economic growth, supply risks- oil and gas 360

Oil edges up on strong US economic growth, supply risks

(BOE Report)– Oil prices posted modest rises on Wednesday, extending gains from the previous session, supported by robust U.S. economic growth and the risk of supply disruptions from Venezuela and Russia. Brent crude futures climbed 4 cents, or 0.06%, to $62.42 a barrel by 0117 GMT, while U.S. West Texas Intermediate crude added 3 cents, or 0.05%, to $58.41. Oil

Baytex exits Eagle Ford with $2.14 billion U.S. asset sale- oil and gas 360

Baytex exits Eagle Ford with $2.14 billion U.S. asset sale

(World Oil)– Baytex Energy Corp. has completed the sale of its Eagle Ford assets in the United States, closing the transaction for net proceeds of $2.14 billion after adjustments, the company said Dec. 19. The divestiture leaves Baytex in a net cash position and marks a strategic shift toward its core Canadian operations. The company said proceeds will be used to

Brazil union set to accept Petrobras labor offer, end strike- oil and gas 360

Brazil union set to accept Petrobras labor offer, end strike

(Investing)– Brazilian oil workers union FUP said on Monday it plans to accept a counteroffer from state-run company Petrobras for a labor deal, paving the way to end a week-long strike. In a statement published on social media, FUP said a majority of its board had approved signaling it would accept the oil firm’s counteroffer, which still requires approval from workers.

Baytex closes U.S. Eagle Ford sale- oil and gas 360

Baytex closes U.S. Eagle Ford sale

(BOE Report)– Calgary, Alberta–(Newsfile Corp. – December 19, 2025) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex” or the “Company”) today announced that it has closed the sale of its U.S. Eagle Ford Assets for net proceeds of US$2.14 billion (approximately $2.96 billion in Canadian dollars) after closing adjustments. This strategic divestiture significantly strengthens Baytex’s financial position and sharpens its

Oil’s geopolitical premium vanished in 2025 – and may not return: Bousso- oil and gas 360

Oil’s geopolitical premium vanished in 2025 – and may not return: Bousso

(BOE Report)– Global oil markets faced multiple black swan events in 2025 – including the Israel-Iran war and Ukrainian strikes on Russian refiners – yet they were barely fazed. This calm may be the new normal in an era of energy abundance, even as the world becomes a more dangerous place. By any measure, 2025 was a chaotic geopolitical year,

Guyana is using its oil revenues to spark a renewable energy boom- oil and gas 360

Guyana is using its oil revenues to spark a renewable energy boom

(Oil Price)– Since the discovery of vast oil reserves in Guyana around a decade ago, the South American country’s oil industry has grown significantly following investment from several international oil majors and the beginning of offshore production. As Guyana begins to see the revenue from its black gold, the government is reinvesting some of the money in renewables to diversify

Oil prices rise as US pursues third Venezuelan oil tanker- oil and gas 360

Oil prices rise as US pursues third Venezuelan oil tanker

(Investing)– Oil prices rose in early European trade on Monday after reports said the U.S. was pursuing a third Venezuelan oil tanker after seizing another tanker over the weekend. A potential resurgence in tensions between Israel and Iran also provided some risk premium, after reports said Israel was planning to brief the U.S. over attacking Iran, amid concerns over Tehran’s

Venezuela’s billions in distressed debt: who is in line to collect- oil and gas 360

Venezuela’s billions in distressed debt: who is in line to collect

(BOE Report)– Venezuela’s debt crisis is one of the largest unresolved sovereign defaults in the world, the legacy of years of economic collapse and U.S. sanctions that severed the country from international capital markets. The country has been in default since late 2017, when it missed payments on international bonds issued by the government and state oil company PDVSA. Since

Cygnet Energy Ltd. and Kiwetinohk Energy Corp. announce completion of arrangement- oil and gas 360

Cygnet Energy Ltd. and Kiwetinohk Energy Corp. announce completion of arrangement

(BOE Report)– Cygnet Energy Ltd. (“Cygnet“) and Kiwetinohk Energy Corp. (“Kiwetinohk“) (TSX: KEC) are pleased to announce the completion of the acquisition of Kiwetinohk by Cygnet. As previously announced, all outstanding common shares of Kiwetinohk (the “KEC Shares“) were acquired by Cygnet pursuant to a plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement“) for $24.75 per KEC Share. As part of the

Oil set to close lower for second straight week- oil and gas 360

Oil set to close lower for second straight week

(BOE Report)– Oil prices ticked down on Friday and were set to close lower for a second straight week, as rising prospects of a Russia-Ukraine peace deal offset concerns over supply disruptions from a blockade of Venezuelan oil tankers. Brent crude futures fell 9 cents, or 0.2%, to $59.73 a barrel by 0456 GMT, and U.S. West Texas Intermediate crude