Equatorial Guinea and Chevron strengthen Aseng Gas project Joshua Falcón. · February 3, 2026 The agreement lays the groundwork for the consolidation of the ambitious Mega Gas Hub project in the region.
Russian gas demand picks up momentum in Europe through Turkstream corridor Joshua Falcón. · February 3, 2026 The closure of the Ukrainian route and geopolitical tensions lowered total shipments to about 18 bcm for the full year.
Devon Energy and Coterra Energy announce merger to lead the shale gas market Joshua Falcón. · February 3, 2026 The scheme seeks to ensure strategic continuity and an orderly transition to a new stage of consolidation in the shale gas sector.
Natural gas prices fall 20% on mild weather forecast Simón González · February 3, 2026 February is expected to be warmer in the United States, triggering a plunge in natural gas prices after weeks of strong volatility.
Oil prices fall sharply on signs of U.S.-Iran talks Ruth Arteaga. · February 3, 2026 Trump suggests Iran is ready to negotiate, reducing risk in the Middle East and sinking crude oil prices.
OPEC+ extends production cuts to March 2026 Ruth Arteaga. · February 3, 2026 OPEC+ extends cuts for the third consecutive month due to low inventories and stable global demand.
Equinor sells Vaca Muerta: Vista Energy is the new local giant José López. · February 3, 2026 Equinor sells US$1.1 billion in Vaca Muerta to Vista. Multinationals bet offshore, locals dominate onshore.
OPEC+ seeks to keep oil production unchanged in March 2026 Joshua Falcón. · February 2, 2026 OPEC+ is set to extend the pause in its oil production increase during March. According to the group’s delegates, the decision will be discussed…
Empyrean Energy seeks to settle its position in Duyung PSC project following agreement with Conrad Joshua Falcón. · February 2, 2026 The company will retain the right to receive 8.5% of the consideration paid to WNEL by the majority shareholder, maintaining an indirect exposure to…
Chevron bets on Venezuela after exceeding earnings expectations Simón González · February 2, 2026 Chevron reinforces its strategy in Latin America as it consolidates its operational efficiency and seeks to expand its oil operations in Venezuela.