U.S. Energy Secretary Chris Wright said there was room to balance roles for both the United States and China in Venezuela to allow for commerce but that Washington would not allow Beijing to have major control over the Latin American country. In an interview on Fox Business Network, Wright also said he expected see Chevron quickly grow its activities in Venezuela with ConocoPhillips and Exxon Mobil also looking to play a constructive role. "I think you will probably see some long-term [Read more]
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The Lease You’ll Lose Won’t Be the One You’re Watching – Introducing StackDX Mineral Expiries Workflows
The safer and smarter way to manage mineral expiries You’re well aware that losing a lease tied to a planned well means losing potentially millions in capital, especially if it’s in a producing play. You’re also well aware that every mineral expiry triggers a domino effect of deadlines, reviews, and decisions, and that somewhere in your portfolio, the clock is always ticking. Expiries rarely go wrong solely because someone forgot to check the spreadsheet. They get missed because the [Read more]
Stimulate Energy Services Inc. Announces Strategic Merger with Green Energy Services’ Fluid Treatment Division
Calgary, AB — January 8, 2026 — Stimulate Energy Services Inc. announced today the strategic merger of Stimulate Energy Services with Green Energy Services’ Fluid Treatment Division, strengthening its service offering across Western Canada. The integration brings together two established teams under the Stimulate Energy Services banner and will be led by Joffre Jorgenson, President of Stimulate Energy Services. “By joining forces, we are enhancing our ability to deliver greater value, [Read more]
January 2026 Energy Market Overview: Fundamentals Amid Transition
Overview Oil prices diverged from the broader trend of rising metals and North American natural gas. WTI fell to lows near US$55/bbl, driven by abundant U.S. supply, growing output from Canada and Guyana, and continued flexibility from OPEC, which together outpaced demand growth. Profoundly impacted by past downturns, Canadian producers became resilient, supported by stronger balance sheets and reduced debt. Years of disciplined effort to build a more robust sector are paying off. [Read more]
Trump says US oversight of Venezuela could last years
The United States could oversee Venezuela and control its oil revenue for years, President Donald Trump said in an interview published on Thursday. During what the New York Times described as a wide-ranging, two-hour interview, the paper said Trump also appeared to lift a threat to take military action against Venezuela's neighbour Colombia. Trump invited Colombia's leftist leader, whom he had previously called a "sick man", to visit Washington. "Only time will tell" how long the United [Read more]
US Senate to vote on reining in Trump on Venezuela
The U.S. Senate is due to consider a resolution on Thursday that would block President Donald Trump from taking further military action against Venezuela without congressional authorization, and backers said the measure could pass in a close vote. Days after U.S. forces captured Venezuelan President Nicolas Maduro in a dramatic military raid in Caracas, senators will vote on the latest in a series of war powers measures introduced since the administration ramped up military pressure on the [Read more]
Shell sticks to LNG output outlook, warns of chemicals loss
Shell narrowed its projected range for fourth-quarter liquefied natural gas production but kept it within previous guidance, it said in a trading update on Thursday, as it warned of a loss in its chemicals business. It said its chemicals and products segment's earnings will be below break-even in the fourth quarter, dragged down by chemicals margins seen to be falling to $140 a metric ton from $160 in the third quarter, a tax adjustment and significantly lower trading results. Shell [Read more]
China says US seizure of foreign vessels violates international law
The U.S. move to seize foreign vessels in international waters seriously violates international law, the Chinese foreign ministry said on Thursday. "China has always opposed illegal unilateral sanctions without the basis of international law and without the authorisation of the United Nations Security Council," ministry spokesperson Mao Ning said at a press conference. The U.S. seized two Venezuela-linked oil tankers in the Atlantic Ocean on Wednesday, one sailing under Russia's [Read more]
Shell fourth quarter 2025 update note
The following is an update to the fourth quarter 2025 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks presented may vary from the actual fourth quarter 2025 results and are subject to finalisation of those results, which are scheduled to be published on February 5, 2026. Unless otherwise indicated, all outlook statements exclude identified items. See appendix for the definition of the non-GAAP measure used and the most comparable GAAP [Read more]
Trump’s ‘Donroe Doctrine’ targets China, US oil firms could pay the price: Bousso
President Donald Trump plans to import previously sanctioned Venezuelan oil into the U.S., tearing up the global energy playbook and underscoring the seriousness of the administration’s ambition to dominate the Western Hemisphere. China may be the ultimate target of this “Donroe Doctrine”- Trump's rebranding of a 19th-century doctrine that asserted Washington's zone of influence in the Americas. But U.S. oil companies could become the unintended casualties. Caracas has agreed to export up to $2 [Read more]
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