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Friday, January 16, 2026 4:19 AM ET

OilPrice.com - Top Stories

When Oil Falls but Exxon and Chevron Don't -- Aggressive layoffs, efficiency gains, and exits from loss-making low-carbon ventures helped the five supermajors generate about $96 billion in free…

8 hours ago

BP's Massive Impairment Signals Bad Times for Net-Zero Spending -- Wind, solar, and EV investments are slowing as subsidies fade, revealing profitability challenges that proponents long argued didn't exist.

9 hours ago

Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan… -- The Trump administration's plan to capitalize on Venezuelan oil reserves risks undermining US energy security, threatening American oil workers, and…

10 hours ago

UK Output Rises Marginally, but Analysts See Little Momentum -- Economists warn the rebound may be temporary, citing one-off factors, weak construction output, and continued stagnation heading into year-end.Growth remains…

11 hours ago

Britain Bets Big on Offshore Wind to Hit 2030 Clean Power Goal

8 hours ago

Why China Is Unlikely to Rush to Iran's Defense

9 hours ago

U.S. and Armenia Set Framework for Trump-Backed Trade Corridor

10 hours ago

Bipartisan Bill Proposes $2.5 Billion U.S. Critical Minerals Reserve

11 hours ago

Oil Prices Sink 4% As Geopolitical Fears Fizzle

13 hours ago

Greenland Turns Into an Alliance Problem, Not a Strategic Asset

14 hours ago

OPEC Boosts Oil Exports to India as Russian Flows Slump

33 minutes ago

Mitsubishi Bets Big on U.S. Gas With $5.2 Billion Haynesville Deal

1 hour ago

Russia's Oil Revenue Slump Hits Budget Where It Hurts

12 hours ago

Devon-Coterra Tie-Up Would Create a New Permian Heavyweight

14 hours ago

Halliburton Looking Forward To A Swift Return To Venezuela

15 hours ago

Maersk Resumes Key Red Sea Shipping Route

16 hours ago

China Leads Global Coal Power Additions Despite Renewables Push

17 hours ago

Chevron Approves Leviathan Gas Expansion in Eastern Mediterranean

33 minutes ago

Mitsubishi Enters U.S. Shale With $5.2 Billion Haynesville Gas Deal

1 hour ago

BP Flags Multi-Billion-Dollar Transition Impairments as Net Debt Falls in Q4

6 hours ago

More Energy Company News

4 months ago

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3 years ago

Energy Providers Emerge As Top Investor AI Play for 2026

15 hours ago

Why Bearish Oil Bets Are Suddenly Looking Fragile

16 hours ago

The Critical Minerals Conundrum: Why Reducing Reliance on China is So Hard

17 hours ago

API: Reviving Venezuela's Oil Sector Will Be Long, Multi-Billion Dollar Process

18 hours ago

UK Data Centre Planning Hits Record High Amid Scramble for AI Infrastructure

1 day ago

Azerbaijan and U.S. Weigh Cooperation on Peace Corridor and Energy Projects

1 day ago

Why Saudi Arabia's Defense Talks With Pakistan Are Raising Concerns

6 days ago

Venezuelan Oil and the Limits of U.S. Refining Capacity

1 day ago

US Army Selects Nine Bases for Microreactors

5 days ago

Where The Middle East's Next 20 Billion Barrels Are Coming From

2 days ago