Oil & Gas Industry Digest

January 2026

News Digest (www.upstreamonline.com)

UK supermajor in December pulled the plug on Argentina LNG phase one

23 January 2026

Shell considers multibillion-dollar Vaca Muerta sale

News Digest (www.upstreamonline.com)

China’s crude oil production averages 4.34 million bpd in 2025

22 January 2026

China's crude production edges higher in 2025

News Digest (www.upstreamonline.com)

A year of acquisitions and divestments drove the free cash flow beat

22 January 2026

Harbour beats free cash guidance despite lower oil prices

News Digest (www.upstreamonline.com)

Venezuela's oil revival faces invisible challengeSatellite images shared with Upstream show a series of Venezuela oil and gas facilities emitting large volumes of methaneExclusiveThe largest methan...

22 January 2026

News Digest (www.upstreamonline.com)

Matsola-1 exploration well is targeting a big prospect in the Sirte basin

22 January 2026

Eni spuds play opening frontier probe offshore Libya

News Digest (www.upstreamonline.com)

Contractors are consortium partners for TenneT's Dolwin 5

22 January 2026

Seatrium and Aibel launch arbitration in offshore platform dispute

News Digest (www.upstreamonline.com)

Operator had earlier lowered 2025 production guidance as Australian gas megaproject's schedule slipped

22 January 2026

Santos expects first Barossa LNG cargo soon despite FPSO woes

News Digest (www.upstreamonline.com)

Adnoc in November outlined plans to invest up to $150 billion over five years, as it continues to spend heavily on oil and gas developments

22 January 2026

Adnoc awards $942 million offshore contract to McDermott

News Digest (www.upstreamonline.com)

Genel's new board chair will take up his position on 9 February

22 January 2026

Iraq-focused independent taps new board chair

News Digest (www.upstreamonline.com)

Bid battle heats up for Southeast Asia gas FPSO project The NDUM fields have been independently assessed to contain gross aggregate best estimate contingent resources of 171.3 billion cubic feet of...

22 January 2026