Group 1 - TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris to sell its 10% non-operated interest in the Renaissance JV licenses in Nigeria [1][5] - The Renaissance JV consists of 18 licenses in the Niger Delta, with the Nigerian National Petroleum Corporation Ltd holding 55%, Renaissance Africa Energy Company Ltd 30%, TotalEnergies EP Nigeria 10%, and Agip Energy and Natural Resources Nigeria 5% [2] - The agreement's closing is subject to customary conditions, including regulatory approvals [2] Group 2 - TotalEnergies has been operating in Nigeria for over 60 years, employing more than 1,800 people and producing 209,000 barrels of oil equivalent per day in 2024 [2] - The company operates an extensive distribution network in Nigeria, including approximately 540 service stations, and is committed to socio-economic development and collaboration with local communities [2] - The sale includes TotalEnergies EP Nigeria's 10% interest in 15 licenses producing mainly oil, which represented about 16,000 barrels equivalent per day in 2025, and 10% interest in three gas-producing licenses while retaining full economic interest in these licenses [5]

Group 1 - The energy company has indicated that its fourth-quarter oil-trading performance is expected to be weak, which will negatively impact earnings [1] - This warning aligns with a similar statement made by British peer Shell, suggesting a broader trend in the industry regarding oil trading performance [1]

Core Insights - Indian Oil Corp has purchased its first Ecuadorean Oriente crude cargo for delivery at the end of March, indicating a strategic move to diversify its oil sourcing [1] Group 1: Company Actions - The acquisition of Ecuadorean Oriente crude is part of Indian Oil Corp's strategy to expand its oil sourcing [1] - This move aims to partially replace some of its existing crude supplies, reflecting a proactive approach to securing energy resources [1]

Group 1 - TotalEnergies has established a 50-50 joint venture with Bapco Energies named BxT Trading [1]

President Donald Trump said that the U.S. is receiving massive volumes of crude oil from Venezuela following the “flawless” military operation earlier this month, which led to the capture of the country’s President, Nicolás Maduro.’50 Million Barrels’ of Crude Oil On A ‘Daily Basis’Speaking at the Detroit Economic Club on Tuesday, Trump said that the recent U.S. military operation in Venezuela “was as flawless as an attack as there has ever been.”Trump claimed the operation has opened the door to enormous o ...

Core Viewpoint - Oil prices experienced a pause in their upward trend, declining after four consecutive days of increases, primarily due to the resumption of exports from Venezuela and concerns over potential supply disruptions from Iran amid civil unrest [1] Group 1: Oil Price Movements - Oil prices slipped after four days of gains, indicating a temporary halt in the upward momentum [1] - The decline in oil prices is attributed to the resumption of exports from Venezuela, which has implications for global supply [1] Group 2: Supply Concerns - Fears regarding Iranian supply disruptions are heightened due to ongoing civil unrest in the country, which is a significant oil producer [1] - The situation in Iran poses a risk to market stability and could influence future oil price movements [1]

TETRA Technologies (NYSE:TTI) FY Conference January 13, 2026 04:30 PM ET Company ParticipantsElijio Serrano - SVP and CFOMatthew Sanderson - EVP and Chief Commercial OfficerConference Call ParticipantsNone - Analyst 2None - Analyst 1Elijio SerranoGood afternoon, everybody. My name's Elijio Serrano. I'm the Chief Financial Officer for Tetra Technologies. Really appreciate the invitation by Needham to this conference. It's one of the better, most attended, well-attended conferences that we've had with signifi ...

The reconstitution included 15 additions and 15 deletions, representing roughly 30% portfolio turnover, according to the data. Sector weights remained equal at 10% each, consistent with the fund's equal-weight methodology across all sectors. IDOG launched in June 2013 and charges a 0.50% expense ratio, according to ETF Database. The fund's strategy starts with the S-Network Developed International Equity 1000 Index as its universe, then isolates the five highest-yielding stocks per sector for inclusion, acc ...

Fluidsdoc is an international oil industry veteran with 40 years of experience having worked on six continents and in over twenty countries around the world. He is an expert in the upstream oilpatch and an energy sector specialist. He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S an ...

Fluidsdoc is an international oil industry veteran with 40 years of experience having worked on six continents and in over twenty countries around the world. He is an expert in the upstream oilpatch and an energy sector specialist. He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S an ...