Oil prices reach $70 due to U.S. tension. – Iran Simón Petit · January 31, 2026 Crude oil rises more than 3% as investors discount a higher risk premium in the face of impending instability in the Strait of Hormuz.
Petrobras strengthens its strategic position by increasing proven reserves by 2025 Ruth Arteaga. · January 31, 2026 The company guarantees 12.5 years of continuous production through the excellent performance of its assets in the Santos Basin.
EIB promotes first Dragon tidal park in the EU Ruth Arteaga. · January 31, 2026 The European Investment Bank structures the financial model for Minesto's first 10-megawatt tidal power plant in the EU.
TGS expands operations in Europe with new OBN seismic contract Ruth Arteaga. · January 31, 2026 The new award will allow TGS to deploy OBN technology to capture 4D data in offshore production areas in Europe.
Venezuela approves law allowing commercial autonomy to private oil companies Ruth Arteaga. · January 30, 2026 The regulation grants private operators the power to market crude oil and manage revenues independently, eliminating PDVSA's operating monopoly.
ADNOC and TAQA promote a key industrial energy platform in Ruwais with TA’ZIZ Ruth Arteaga. · January 30, 2026 A 27-year agreement between ADNOC and TAQA will allow TA'ZIZ to produce 4.7 million tons of chemicals annually from 2028 at Ruwais.
BOEM opens process for offshore leasing in California Ruth Arteaga. · January 30, 2026 BOEM analyzes potential areas for new offshore concessions in California under the 2026-2031 energy leasing program.
Citgo buys Venezuelan oil again at key moment Simón González · January 30, 2026 A purchase that breaks a trade veto that had lasted since 2019.
Petrobras expands oil sales to India: for 60 MMbd José López. · January 30, 2026 Petrobras renews and expands oil contracts with Indian state-owned refineries (IOC, BPCL and HPCL) with sales of 60 million barrels
Energy paradox: U.S. resorts to LNG imports in the face of winter crisis Simón González · January 30, 2026 The energy companies are taking advantage of the maximum spot prices by importing LNG from Trinidad to terminals such as Cove Point, in an…