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Repsol Shares Fall as Production Misses Expectations
WSJ· 2026-01-15 14:25
In afternoon trade in Europe, shares were down nearly 6% the second-largest faller on the Stoxx Europe 600 index. ...
Angkor Resources Advances Exploration On CZ Gold And Wild Boar Prospects, Andong Meas License, Cambodia
Thenewswire· 2026-01-15 13:50
                  GRANDE PRAIRIE, ALBERTA – TheNewswire - (January 15, 2026): ANGKOR RESOURCES CORP. (TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces additional exploration to begin on its latest gold target, CZ Gold on the west side of the Canada Wall prospect on the Andong Meas exploration license in Ratanakiri Province, Cambodia. The CZ Gold Prospect  announced previously – (see ANGKOR RESOURCES IDENTIFIES GOLD PROSPECT ON ANDONG MEAS LICENSE, CAMBODIA - Angkor Resources Corp.),  sits atop a steep hill ...
Licence-heavy; tariff-light: Trump’s two-pronged approach so far
Yahoo Finance· 2026-01-15 12:57
Biden oversaw the 10th National Outer Continental Shelf (OCS) Oil and Gas Leasing Programme, which was finalised in 2023. The five-year lease plan was set to span 2024–29 and limited new oil and gas licences to three – the minimum required by the Inflation Reduction Act and the fewest in history. Under Biden’s plan, the three licences were set for the Gulf of Mexico (GoM) in 2025, 2027 and 2029.“The administration has reversed the Biden Interior Department's various – arguably illegal – moratoriums and rest ...
Oil News: Crude Oil Futures Sink on Profit-Taking After Trump Eases Iran Tensions
FX Empire· 2026-01-15 11:26
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in relation to investments in cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for investment actions [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned against relying solely on the content provided [1]. Group 2 - The website discusses the complexities and high risks associated with cryptocurrencies and CFDs, highlighting the potential for significant financial loss [1]. - It encourages users to conduct their own research and fully understand the instruments and risks involved before making investment decisions [1].
Pantheon Resources PLC Announces Placing to Raise $10 Million
Accessnewswire· 2026-01-15 11:00
Core Viewpoint - Pantheon Resources plc has successfully raised $10 million through a conditional placing of new Ordinary Shares to support appraisal activities for its Kodiak and Ahpun projects, including flow testing at Dubhe-1 and seismic reprocessing [2][3]. Fundraising Details - The company raised $10 million by placing 106,209,678 new Ordinary Shares at a price of 7.0 pence per share [2][5]. - The funds will be used for near-term appraisal activities and general working capital [2][3]. Project Development - Proceeds will support the resumption of flow testing at Dubhe-1, which is crucial for the commercialization of an estimated 282 million barrels of liquid contingent resources in the Shelf Margin Deltaic reservoir [3]. - The overall resource in the Greater Ahpun Area is estimated to exceed 500 million barrels [3]. Seismic Data Reprocessing - Remaining funds will be allocated to reprocessing existing Kodiak seismic data to enhance reservoir imaging, potentially leading to drilling an appraisal well in the 2026/27 winter season [4]. - The Kodiak resource is currently assessed at 1.2 billion barrels of contingent recoverable liquids, with potential upside to 2.8 billion barrels [4]. Market Position and Future Plans - The reprocessed seismic data is expected to strengthen the company's position in ongoing farm-out discussions with several interested parties [4]. - The company anticipates that the fundraising, along with existing cash resources, will provide sufficient working capital until Q4 2026 [15].
Trump's Venezuelan oil move isn't hypocrisy — it's genius strategy to crush China and Russia
Fox Business· 2026-01-15 10:31
At first glance, it looks like a contradiction — and the left is quick to call it a moral failure.   America is swimming in oil, yet President Donald Trump has moved to bring Venezuelan crude into U.S. refineries. If the United States is energy-independent, they ask, why buy oil from Venezuela at all? After years of sanctions and pressure on Caracas, isn’t this hypocrisy?  The answer is no. It’s strategy. And it starts with a basic fact too many commentators ignore: America has plenty of oil — just not alwa ...
OMS Energy Technologies Inc.'s Saudi Arabia Subsidiary Earns API Specification 6A Certification, Unlocking New Wellhead Service Opportunities
Globenewswire· 2026-01-15 10:00
Core Viewpoint - OMS Energy Technologies Inc. has achieved API Specification 6A certification for its subsidiary OMS Oilfield Services Arabia Ltd., enhancing its market position and potential for high-value contracts in the oil and gas industry [1][2]. Group 1: Certification Impact - The API Spec 6A certification is a critical requirement for Middle Eastern oil producers, significantly enhancing OMS Saudi's appeal to major operators and increasing revenue opportunities [2]. - This certification verifies that OMS Saudi's repair and maintenance practices meet the highest industry standards for quality, safety, and reliability [2]. Group 2: Subsidiary Performance - OMS Saudi, the largest subsidiary of OMS, has a 15-year track record of technical excellence and manufacturing expertise, providing premium equipment and services to regional oilfield companies [3]. - The new certification positions OMS Saudi to convert its regional relationships and technical capabilities into expanded contracts and service agreements, driving long-term growth [3][4]. Group 3: Strategic Growth - The achievement of API Spec 6A certification allows OMS to expand its suite of engineered wellhead solutions and services in a key strategic market [4]. - OMS Saudi's capabilities in wellhead-related services represent a strategic move into higher-value engineered solutions, complementing its existing product offerings [4][6]. Group 4: Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods, serving both onshore and offshore operators across multiple regions [7]. - The company operates 11 strategically located manufacturing facilities, ensuring rapid response times and customized technical solutions [7].
VAALCO Energy, Inc. Provides Positive Operational and Financial Update
Globenewswire· 2026-01-15 07:00
HOUSTON, Jan. 15, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) today provided an operational and financial update including production and sales volumes for 2025, a successful drilling update in Gabon and Egypt, positive accounts receivables update and its increased cash at bank as of December 31, 2025. Highlights and Key Items: Recorded full year 2025 sales volumes of approximately 22,100 working interest (“WI”) barrels of oil equivalent per day (“BOEPD”), ...
Oil and Natural Gas Analysis: Geopolitical Fears Fade as Prices Revert Lower
FX Empire· 2026-01-15 03:28
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in relation to investments in cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for investment actions [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned against relying solely on the content provided [1]. Group 2 - The website discusses the complexities and high risks associated with cryptocurrencies and CFDs, highlighting the potential for significant financial loss [1]. - It encourages users to conduct their own research and fully understand the instruments and risks involved before making investment decisions [1].
原油评论:市场对伊朗、委内瑞拉供应冲击的定价-Oil Comment_ Market Pricing of Iran and Venezuela Shocks
2026-01-15 02:51
14 January 2026 | 7:22AM EST Commodities Research Oil Comment: Market Pricing of Iran and Venezuela Shocks 1 A 1mb/d permanent decline in production tends to raise (the OECD inventory-based fair value of) prices by $8/bbl 12 months after the shock (assuming OPEC doesn't make up the shortfall). n Daan Struyven +1(212)357-4172 | daan.struyven@gs.com Goldman Sachs & Co. LLC Neil Mehta +1(212)357-4042 | neil.mehta@gs.com Goldman Sachs & Co. LLC Investors should consider this report as only a single factor in ma ...